Oil slides over 3% on Russian price cap talks, U.S. gasoline build
Firstly, oil prices fell more than 3% on Wednesday. Continuing a streak of volatile trading, as the Group of Seven nations considered a price cap...
Tag : united states
Vice President Harris announced New U.S. Support for Clean Energy in the Mekong Region
Firstly, the Vice President’s visit to Thailand is reaffirming United States’ commitment to the stability, peace, prosperity, and sustainable development of the Mekong sub-region. This...
The U.S. is running low on diesel fuel and the impact on Canada
EIA reported that distillate inventories were at their lowest levels since 2008. Distillate fuels include diesel fuel and heating oil. Diesel overview Firstly, the price...
GM Secures Enough Renewable Energy to Power US Facilities by 2025
Firstly, General Motors finalized enough energy sourcing agreements needed to power all of its facilities in the United States with renewable sources by 2025. Secondly,...
Germany’s RWE buys Con Edison clean energy
Firstly, Germany’s largest power producer RWE has agreed to buy Con Edison’s Clean Energy Businesses for $6.8 billion, nearly doubling RWE’s renewables portfolio in the...
U.S. LNG projects to satisfy EU natural gas demand
Firstly, the European Union made significant progress to replace Russian natural gas. Although, U.S. LNG projects may be the key to rebalancing energy markets on...
The United States exported record amounts of petroleum products in the first half of 2022
Petroleum products Firstly, in the first half of 2022, U.S. exports of petroleum products averaged nearly 6 million barrels per day, the most first-half-of-year exports...
U.S. refiners eye Canadian oil
Firstly, U.S. refiners are expected to buy more Canadian oil after the Biden administration ends releases from the Strategic Petroleum Reserve (SPR) this fall. Secondly,...
Oil rises 1% on supply concerns, expectations for fuel switching
Firstly, oil edged up 1% on Wednesday as an international energy watchdog expects an increase in gas-to-oil switching due to high prices this winter, even...
Energy dispute not on agenda for U.S.-Mexico talks next week.
Energy policies Firstly, a U.S. dispute with Mexico over its southern neighbor’s energy policies is not on the agenda for bilateral talks between senior government...