American Refiners To Refrain From Investing Amid Uncertainty | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Apr 09, 2025, 2:00 PM CDT Reuters reports that U.S. refiners will refrain from making any substantial investments in expanding domestic crude processing or reducing reliance on Canada and...Continue Reading
China has succeeded in muscling aside Russia as Central Asia’s top trade partner. Now, Beijing appears intent on capturing a share of the regional arms market. Until very recently, China was a non-factor as an arms supplier to Central Asian states. For most of the post-Soviet era, Russia dominated the regional arms market, especially sales...Continue Reading
APTIM and joint venture partner BWX Technologies, Inc. have been awarded a $1.4 billion contract by the US Department of Energy (DOE) to manage and operate the Strategic Petroleum Reserve (SPR), as well as its associated facilities and systems in Louisiana and Texas. SourceContinue Reading
U.S. automakers rallied today, with General Motors up 5.7%, Ford gaining 5.6%, and Stellantis soaring 11.9%, despite tariffs threatening higher production costs across their North American supply chains. Tesla outperformed, jumping 14.1%, buoyed by its U.S.-based assembly, which shields it from import tariffs, though its shares remain 40% below their post-Trump inauguration peak. These gains...Continue Reading
Investors Flee Treasuries As Liquidity Squeezes Markets | OilPrice.com City A.M CityAM.com is the online presence of City A.M., London’s first free daily business newspaper. Both platforms cover financial and business news as well as sport and… More Info Premium Content By City A.M – Apr 09, 2025, 1:00 PM CDT Long-yield US Treasury yields briefly...Continue Reading
By Charles Kennedy – Apr 09, 2025, 12:30 PM CDT Shale boss Bryan Sheffield, the son of Pioneer Natural Resources founder Scott Sheffield, appears to have called on America’s shale drillers to cut drilling immediately, as Brent crude flirts with prices below $60 and WTI falls to $57/barrel. Sheffield, who controls Formentera Partners LP, told...Continue Reading
February 1, 2025President Donald Trump signs Executive Order 14195, imposing a 10% tariff on all Chinese imports, effective February 4. February 10, 2025China responds with a 15% tariff on U.S. coal and LNG and a 10% tariff on U.S. oil and machinery and places multiple U.S. firms on its Unreliable Entity List. March 4, 2025U.S....Continue Reading
Nickel Prices Plummet to 2020 Lows | OilPrice.com Metal Miner MetalMiner is the largest metals-related media site in the US according to third party ranking sites. With a preemptive global perspective on the issues, trends,… More Info Premium Content By Metal Miner – Apr 09, 2025, 12:00 PM CDT The U.S. stainless steel market remains...Continue Reading
The plunge in oil prices over the past week was more severe than the market’s dynamics justify, and the drop may be short-lived, according to Canadian energy executives gathered in Toronto. “What we learned from Covid is that energy demand is pretty resilient,” said one executive. SourceContinue Reading
The market rout sparked by President Donald Trump’s trade war is touching almost every part of the economy. But there are probably few industries feeling more aggrieved right now than U.S. shale oil. SourceContinue Reading
