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Arathy Somasekhar

FILE PHOTO: A pump is seen at a gas station in Manhattan, New York City, U.S., August 11, 2022. REUTERS/Andrew Kelly/File Photo
FuelNewsOilPoliticsTrade

Oil prices rise amid US tariff threat but still set for weekly loss

Trump has threatened to impose a 25% tariff as early as Saturday on Canadian and Mexican exports to the United States.

FILE PHOTO: The new logo of SLB is seen in this undated handout image obtained by Reuters on October 19, 2022. SLB/Handout via REUTERS/File Photo
BusinessNewsOil

SLB says its Russia business aligns with new US sanctions as revenue drops

SLB said its current business in Russia still aligns with new U.S. sanctions on Russia, but that revenue in the country was declining.

FILE PHOTO: The Houston Ship Channel, part of the Port of Houston, is seen in Pasadena, Texas, U.S., May 5, 2019.  REUTERS/Loren Elliott/File Photo
BusinessNewsOilTrade

Peru’s niche Bretaña crude oil gains popularity in US

The U.S. Gulf Coast receives its first Bretaña oil cargo this month as refiners seek alternatives to declining Mexican heavy crude.

FILE PHOTO: A pumpjack operates at the Vermilion Energy site in Trigueres, France, June 14, 2024. REUTERS/Benoit Tessier/File photo
BusinessElectric Vehicles (EVs)NewsOilTrade

Global crude exports dip as trade routes reshuffle again

The volume of global crude exports in 2024 declined 2%, the first fall since the COVID-19 pandemic.

FILE PHOTO: Very Large Crude Carriers (VLCCs) line up at the Port of Corpus Christi, where they are being loaded with crude oil for shipping worldwide, in this handout picture taken July 2022. Port of Corpus Christi/Handout via REUTERS/File Photo
FuelNewsOilPoliticsTrade

U.S. crude exports to Europe expected to fall in Jan as shipping economics weaken

The decline in stockpiles means U.S. barrels are being priced to stay at home.

FILE PHOTO: U.S. President Donald Trump speaks with managers and executives during a visit to the Cameron LNG (Liquid Natural Gas) Export Facility in Hackberry, Louisiana, U.S., May 14, 2019. REUTERS/Leah Millis/File Photo
ClimateElectionsElectricityEmissionsEnvironmentLegislationLiquefied Natural GasNewsOilPoliticsRegulationsWind

US energy draws up a wish list for new Trump administration

Trump has vowed to scrap offshore wind projects, roll back climate regulations, open more federal lands and waters to oil and gas drilling.

FILE PHOTO: The Houston Ship Channel and adjacent refineries, part of the Port of Houston, are seen in Houston, Texas, U.S., May 5, 2019.  REUTERS/Loren Elliott/File Photo
AnalysisBusinessFuelIn-DepthOilTrade

US Gulf Coast oil prices to take center stage as exports dominate

Rising US crude oil exports are boosting the prominence of Gulf Coast price benchmarks and buoying trading volumes on Houston contracts.

FILE PHOTO: A signpost sits near Enbridge?s Mackinaw facility, servicing the company?s existing underwater Line 5 pipeline and its planned replacement tunnel through the Straits of Mackinac between Lakes Michigan and Huron, in Mackinaw City, Michigan, U.S. February 25, 2024.  REUTERS/Carlos Osorio/File Photo
BusinessFuelNewsOil

Analysis: Trans Mountain pipeline expansion pushes rivals to cut rates

Transporting Canadian crude into the US will be cheaper – for now – as TMX rivals cut tariffs and rule out rationing pipeline...

FILE PHOTO: Shell logo is seen in this illustration taken May 1, 2022. REUTERS/Dado Ruvic/Illustration/File Photo
BusinessFuelInfrastructureNewsOilTransmission

Shell to shut-in portions of Louisiana Zydeco oil pipeline for maintenance

The Zydeco pipeline system has four segment and ships crude oil from Houston, Texas to St. James, Louisiana.

FILE PHOTO: A drone view of the Trans Mountain Burnaby Terminal tank farm as the Canadian government-owned Trans Mountain pipeline expansion project became operational in Burnaby, British Columbia, Canada May 1, 2024.   REUTERS/Jennifer Gauthier
BusinessFuelInfrastructureLabourNewsOilRailTransmissionTransport

Oil pipeline capacity to spare Canadian exports from looming rail dispute

Canadian rail labor dispute would be unlikely to significantly reduce oil exports to the US due to excess capacity on Trans Mountain pipeline

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