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U.S. Crude Sinks Below $100 as Trump Opens Door to Iran Talks
Crude oil prices fell sharply on Monday, extending their decline into a fourth consecutive session after President Donald Trump indicated that he was open to diplomacy with Iran....
Market Trends
JPMorgan Oil Team Abandons Iran War Endgame Forecast as Trump Smashes Economic Redlines
JPMorgan’s oil team has given up trying to forecast the endgame of the Iran war, according to the supplied headline. The retreat comes as Trump moves beyond economic...
Production
Infrastructure
Enbridge Launches 2 Bcfd West Texas Express Pipeline Open Season
Enbridge has launched a nonbinding open season for the proposed West Texas Express natural gas pipeline project. The planned system would transport Permian basin gas supplies west from...
Refining
Phillips 66’s Refining Power Meets Formidable Midstream Stability
Phillips 66 is navigating an uncertain energy market as West Texas Intermediate crude oil prices hover near $100 per barrel, according to Oilprice.com. Conflicts in the Middle East...
Policy
Technology
Petrobras Sets Composite Pipe Contract in Motion for Brazilian Post-Salt Cluster
Petrobras has let a contract to Strohm BV and its subsidiary, Strohm Brasil, for thermoplastic composite pipe destined for the Brazilian post-salt cluster. The agreement establishes a supply...