Shariq Khan
Trump’s proposed tariffs on Canada would drive up pump prices, analysts warn
Trump said he would impose a 25% tariff on all imports from Canada and Mexico.
Credits tied to biogas slump on EPA’s proposed waiver to supply mandates
Prices for cellulosic biofuel production credits fell to their lowest in over a year this week after the EPA proposed a partial waiver...
US renewable fuel credits rally to multi-month highs despite Trump reelection
U.S. renewable fuel credits hit multi-month highs amid strong refiner demand and rising soyoil prices, surprising traders.
Exxon’s $8.6 billion profit beats as volume offsets price weakness
Exxon's Q3 profit surpasses forecast, aided by Pioneer acquisition-driven shale gains and cost controls, despite a five per cent YoY dip amid weaker...
US offshore wind execs fret privately over possible Trump election win
Offshore wind industry braces for impact as election uncertainty looms, eyeing potential setbacks under a Trump administration.
Shale producer Validus to buy Citizen Energy in deal worth over $2 billion: sources
Validus Energy is acquiring Citizen Energy for over $2 billion, marking its second major Mid-Continent region purchase in 2024.
US gasoline slumps to near 3-year low on end of driving season, oil slump
U.S. gasoline futures dropped nearly 6% to a 2021 low, driven by the end of driving season and a broader oil market sell-off.
China’s Sinochem plans to exit US shale JV with Exxon, sources say
Sinochem is exploring the sale of its 40% stake in a U.S. shale joint venture with Exxon Mobil, valued at over $2 billion.
Global IT outage in July exacerbated California fuel storage issues, says storage broker
The outage forced U.S. traders to store jet fuel on tankers, exacerbating California's existing petroleum storage constraints.
