Articles for Us Oil

After BRICS, Donald Trump issues ultimatum to European Union: ‘Buy US oil and gas or face tariffs’
3 days, 17 hours ago

After BRICS, Donald Trump issues ultimatum to European Union: ‘Buy US oil and gas or face tariffs’

Live Mint  

US President-elect Donald Trump has threatened to impose tariffs on the European Union unless they commit to a “large-scale” purchase of US oil and gas. “I told the European Union that they must make up their tremendous deficit with the United States by the large-scale purchase of our oil and gas. The European Union has steeply increased its US oil …

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Despite climate goals US oil boom shows, ‘World wants for more energy, not less’
1 year ago

Despite climate goals US oil boom shows, ‘World wants for more energy, not less’

Hindustan Times  

The world may be pushing for renewable energy and climate change action, but guess what? - Bob McNally, President of Rapidan Energy Group Surpassing Trump-era records Last month, weekly US oil production hit 13.2 million barrels per day, just edging past the previous record set during the Trump era. Despite geopolitical tensions affecting energy prices globally, America's oil is trading …

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China could use US oil to support Russian invasion of Ukraine, say GOP lawmakers
2 years, 3 months ago

China could use US oil to support Russian invasion of Ukraine, say GOP lawmakers

India TV News  

Highlights China could use US oil to support Russian invasion of Ukraine US lawmakers called on officials to provide an immediate briefing Over USD100 million dollars of American oil have been sold to a Chinese state-owned oil company A group of GOP lawmakers has expressed concerns that US oil to Unipec America, a company operated by the Chinese Communist Party, …

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US oil companies are in no rush to solve Biden’s gas price problem
3 years, 1 month ago

US oil companies are in no rush to solve Biden’s gas price problem

CNN  

New York CNN Business — US oil companies used to ramp up production at even the slightest hint of higher prices. Oil companies are ‘very confused’ Not only are oil companies plowing money into low-carbon businesses, the climate crisis has created vast uncertainty about the future demand for fossil fuels. Yet analysts said it’s not fair to pin the blame …

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Gas prices are sky high and Bank of America warns $120-a-barrel oil is on the way
3 years, 1 month ago

Gas prices are sky high and Bank of America warns $120-a-barrel oil is on the way

CNN  

New York CNN Business — Everyday Americans are getting hammered by high prices at the pump, and Bank of America thinks the pain may just be getting started. “It’s very easy for prices to shoot up when demand conditions are tight like they are now,” Francisco Blanch, Bank of America’s head of global commodities, told CNN. “I know $100 sounds …

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US oil rises above $60 as Texas gets pummeled with ice and snow
3 years, 10 months ago

US oil rises above $60 as Texas gets pummeled with ice and snow

CNN  

New York CNN Business — Oil is back, thanks to a strange brew of vaccines, economic optimism and a wintry mix in the Deep South. A rare bout of winter weather in Texas helped catapult US oil above $60 a barrel for the first time since January 2020. The long road back The last time the price of West Texas …

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Crude oil is getting crushed as demand fears resurface
4 years, 3 months ago

Crude oil is getting crushed as demand fears resurface

CNN  

New York CNN Business — Demand fears are once again rippling through the oil patch. “OPEC kind of panicked today by putting out a bad signal to the energy community.” ‘Avalanche of sell orders’ The latest turmoil in the oil market comes during major turbulence in the stock market. That’s why Bank of America warned in a report late last …

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