Category: Oil (Petroleum) and Gasoline

U.S. Payoff for Ukraine Minerals Deal Faces Many Hurdles

The agreement could provide a windfall to the U.S., but the resources will be expensive to extract, and any progress is unlikely while the war rages.
U.S. Gas Industry Pushes Back on Trump Shipbuilding Rules

The main oil and gas trade group wants the Trump administration to reconsider maritime rules released in April that would require it to use some U.S. ships to transport liquefied natural gas.
Markets Slump on Persistent Concern That Tariffs Will Hurt Growth

Trump’s tariffs continued to jar investors on Monday as stocks in Asia mostly fell and the U.S. dollar weakened.
Oil Prices Tumble as China-U.S. Tariffs Weaken Economic Confidence

The slide in crude prices signals deteriorating confidence in the strength of the economy.
Oil Executives Refrain From Publicly Criticizing Trump or His Tariffs

Eager to stay in Mr. Trump’s good graces, oil executives refrain from publicly criticizing the president. But privately, ‘Everyone’s afraid.’
Oil Prices Tumble Further as Trump’s Tariffs Weigh on Economic Outlook

Crude oil now costs around 15 percent less than it did before the president revealed his plans to impose stiff new tariffs on imports from most countries.
Slumping Oil Prices Reflect Intensifying Economic Worries

Fears that President Trump’s tariffs could slash global economic growth — and demand for oil — were weighing on the market.
Trump’s Threatened Tariff on Buyers of Venezuelan Oil Could Squeeze China

Venezuela owes China’s banks about $10 billion, and its oil is about the only legal way it has to pay them back.
Oil Producers Follow Trump’s Tariffs With a Surprise Increase

Saudi Arabia and other members of the OPEC Plus group accelerated their program to put more oil on the market, adding to a sharp fall in prices.
Oil and metals prices fall on concerns about the global economy.

The combination of lower oil prices and higher costs for essential materials like steel pipe threatens to squeeze domestic oil and gas producers.
What Oil Executives Want From President Trump

Tariffs, tax credits and deregulation are among the industry’s top priorities.
How A.I. Companies Are Turning Into Energy Companies

The race to build the best artificial intelligence products is resulting in a worldwide search for new energy sources to power tech giants’ data centers. Karen Weise, a technology correspondent for The New York Times, describes how these A.I.-specific data centers are more power-intensive and how tech companies are investing in new ways to bring more electricity to the grid.