Tag: Oil and Gas
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U.S. to send third carrier group to Mideast as Trump warns of new Iran strikes
The U.S. is reportedly sending a third aircraft carrier strike group to the Middle East, as Trump weighs resuming bombing Iran after the midterms.
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Oil falls as Middle East exports recover easing supply worries
Oil prices were lower, as concerns over stalled U.S.-Iran talks were offset by a rebound in Mideast oil exports
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UK Prime Minister Burnham says Iran ‘played a part’ in British air base incident
RAF Fairford has been used as the U.S. Air Force’s command outpost for operations from Europe and for American strikes on Iranian missile sites.
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Trump ‘thinking about’ diesel export ban, but says it could have ‘negative impact’ on gasoline
Trump recently said he was “very seriously” considering a diesel export ban, despite warnings from the U.S. oil industry that doing so would raise prices.
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Gold prices have pulled back — but a Morgan Stanley strategist sees 3 key reasons to hold the precious metal
A Morgan Stanley strategists has highlighted three factors which could help support gold prices over the coming months.
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Shell backs $23 billion LNG Canada expansion in boost to Carney’s ‘energy superpower’ push
The investment puts Canada on course to become a leading LNG exporter as global supply disruptions sharpen focus on energy security.
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U.S., Iran hold separate mediator talks as Mideast oil exports hit war-time high
Iranian and U.S. officials reportedly met separately with mediators Monday to push for a ceasefire, as Middle Eastern crude exports rebounded to war-time high.
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Oil extends gains as Middle East supply concerns persist
Oil rose after Iranian officials were reportedly pessimistic over a deal before U.S. midterm elections.
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Trump ‘very seriously’ considering diesel export ban as global supply crunch worsens
Analysts warn an export ban could backfire, pushing up global diesel prices and potentially triggering higher U.S. gasoline prices as refiners adjust.
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Iran’s foreign minister keeps indirect talks with the U.S. open; Iranian navy claims capture of underwater drone
Iran’s foreign minister says talks are the only way to break the deadlock, while its navy says it’s analyzing data from a captured U.S. underwater drone.
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