Latest Industry News
Today in Energy
- DOE has released 17.5 million barrels from the Strategic Petroleum Reserve since March
- Alaska proved reserves increased in 2024, while nationwide proved reserves fell
- International LNG prices rise amid Strait of Hormuz closure
- Small modular reactors and microreactors under development in the United States
- Brent crude oil spot prices surge past futures price in April
- The 10th U.S. liquefied natural gas export terminal, Golden Pass, ships first cargo
Energy
- Oil prices fall in choppy trade as Trump plans to 'free' ships stranded due to Mideast conflict
- U.S. crude oil exports surge to record as tankers flock to Gulf Coast during Iran war
- OPEC+ announces 188,000 barrels-per-day output increase in first meeting without UAE
- Oil prices fall after Iran sends updated peace proposal to mediators in Pakistan
- Exxon Mobil CEO expects higher oil prices due to Iran war: ‘The market hasn’t seen the full impact’
- California gas prices hit $6 per gallon as fuel costs jump nearly 30 cents in a week across the U.S.
Commodities & Energy
- China bans export of critical minerals to US as trade tensions escalate
- Chevron beats quarterly profit expectations on higher oil output
- OPEC+ could delay December oil output hike, sources say
- BP drops oil output target in strategy reset
- Workers at BHP’s Escondida copper mine will strike after failing to reach agreement
- Traders face $1 bln loss on faltering Ghana cocoa supply