The Trump administration has briefed journalists on background that it will review sanctions waiver applications on a case-by-case basis and work with countries that are reducing their oil imports from Iran. AP photo by Evan [Read more]
Iran sanctions meant to increase pressure in Tehran by cutting the Middle Eastern country’s revenue from crude oil sales to zero, however, the Trump administration’s policy could leave the global market tighter and result in [Read more]
Under mounting pressure from ethics-related scandals, Scott Pruitt, head of the Environmental Protection Agency, submitted his letter of resignation to US President Donald Trump on Thursday. Gage Skidmore photo. Scott Pruitt instrumental in lobbying President [Read more]
The United States and China are ratcheting up trade war tensions between the two economic superpowers. An analyst with JTD Energy said some Chinese refiners may buy crude from Iran and are “not going to [Read more]
Oil prices fell in trading on Thursday after data from the US Energy Information Administration showed US crude stocks had risen by 1.3 million barrels last week. Analysts had predicted a 3.5 million barrel drop. [Read more]
US President Donald Trump blames OPEC for rising gas prices and is urging the cartel to “REDUCE PRICING NOW!”. Higher gasoline prices could become a political problem for the ruling Republicans as the midterm elections [Read more]
On Thursday, US Energy Secretary Rick Perry said a nuclear and coal bailout is necessary to keep America free. The DOE is investigating ways to help the coal and nuclear industries, including possibly ordering grid [Read more]
An official with the government of Iran said removing Iranian crude from the global oil market by November is not possible, based on the volume of exports. Irna.ir photo. 2.5 million barrels of Iranian crude, [Read more]
Just ahead of the OPEC meeting on Friday, participants at the cartel’s ministerial committee meeting say they are getting closer to an agreement that would likely see OPEC output increase by about 1 million b/d. [Read more]
Venezuelan Oil Minister Manuel Quevedo said on Thursday that US sanctions against the OPEC country are an attack on the stability of the global oil market. PDVSA photo. US sanctions imposed on Venezuela following recent [Read more]
The common front at G7 Summit was important signal that Canada is in good company on what looks to be a difficult file By Glen Hodgson, senior fellow, Conference Board of Canada The full Trump [Read more]
US shale producers and energy analysts are concerned that Chinese threats to slap tariffs on US petroleum products will cut into their sales to their largest customer. US shale producers anxious as Beijing puts Trump’s [Read more]
Last month, US President Donald Trump the “highest level” of US sanctions would be implemented against Iran after the US abandoned the Iran sanction relief agreement. AP photo by Evan Vucci. OPEC asked to support [Read more]
Oil prices fell Wednesday after the US Energy Information Administration reported US crude stocks rose by 2.1 million barrels last week. Analysts had forecast a decline of 1.8 million barrels. Seven Generations Energy photo. US [Read more]
Recently added threat of tariffs on auto imports is another risk factor By Glen Hodgson, Senior Fellow, Conference Board of Canada In normal circumstances, these should be boom times for Canadian exports. The U.S. economy is [Read more]
In 2016, Canada exported 5.4 million metric tons to U.S. but bought more steel than that from the United States The Conference Board of Canada says both Canadian and American consumers will likely be hurt [Read more]
“Canada will closely collaborate with the EU, which also filed a WTO challenge today on opposing these tariffs.” – Freeland The Canadian Government is filing litigation in response to the Trump Administration’s announcement that Canada’s exemption [Read more]
Under the Transportation Department’s proposal, California would not be able to set stricter US emissions standards implemented than the federal government. AFP/Getty photo by Mark Ralston. US emissions standards would stay at 2020 levels through [Read more]
China says it will import record volumes of US crude and will probably import more commodities from the United States in an effort to stave off a trade war between the world’s two top economies. [Read more]
4.4 million Mt of polyethylene capacity that was scheduled to come online by 2025 could be in doubt from reimposed US sanctions Trump’s plan to leave the Iran nuclear deal and reimpose sanctions could have [Read more]
@2020 Energi Media Ltd., | Thoughtful Energy Journalism
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