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Shariq Khan

FILE PHOTO: An oil pump is seen operating in the Permian Basin near Midland, Texas, U.S. on May 3, 2017. REUTERS/Ernest Scheyder/File Photo
News

Oil producer APA explores $1-billion sale of Permian assets, sources say

APA Corp is exploring the sale of oil and gas drilling properties across parts of the Permian basin, in a deal that could...

A commercial airliner takes off into an evening sky as it departs San Diego, California, U.S. May 25, 2021.   Mike Blake/REUTERS/ File Photo
AviationBusinessFuelNewsOilTransport

Slowing global jet fuel consumption adds to oil demand concern

Slowdown in consumer spending and increased aviation efficiency sees jet fuel demand softening.

FILE PHOTO: A 3D printed oil pump jack is seen in front of displayed OPEC logo in this illustration picture, April 14, 2020. REUTERS/Dado Ruvic/Illustration/File Photo
AnalysisBusinessEconomyFuelIn-DepthOilPolitics

Global oil demand needs to rise faster to absorb OPEC+ hike

Global oil demand growth needs to accelerate or the market will struggle to absorb OPEC+ planned increase, analysts and industry sources say

Gas prices are seen at a pump at a Safeway gas stop in McLean, Virginia, U.S., November 24, 2021. REUTERS/Leah Millis/ File Photo
BusinessEconomyNewsPoliticsTrade

Large revisions to US energy data leave traders and analysts befuddled

Discrepancies in energy market data cause concern over true demand for oil and fuel demand across the United States.

FILE PHOTO: Exxon Mobil logo and stock graph are seen through a magnifier displayed in this illustration taken September 4, 2022. REUTERS/Dado Ruvic/Illustration/File Photo
BusinessEconomyFuelNewsOilPoliticsRegulations

US EPA grants fuel waiver to Midwest states impacted by Joliet refinery shutdown

The EPA issued an emergency waiver for four states to alleviate gasoline shortages caused by the shutdown of Exxon Mobil's Joliet refinery.

FILE PHOTO: Workers ride a motorcycle past one of the access to the state oil company Pemex's Olmeca refinery in Dos Bocas, Paraiso, Mexico June 21, 2024. REUTERS/Luis Manuel Lopez/File Photo
NewsOilTrade

Mexico seeks more 2025 fuel import deals after refinery delays

Due to Olmeca refinery problems, Mexico fuel imports set to rise as Pemex talks to overseas refiners about possible trading deals.

FILE PHOTO: Oil rigs are seen in the Gulf of Mexico after Hurricane Ida made landfall in Louisiana, in Grand Isle, Louisiana, U.S. August 31, 2021. REUTERS/Marco Bello/File Photo
BusinessInfrastructureNewsOilResiliencyWeather

Record US heat, hurricanes could roil fuel prices as oil refiners sweat

Extreme weather events hit oil refineries and production capacities while peak travel season pushes demand higher.

FILE PHOTO: The logo of Repsol is seen near a fuel station in Malaga, Spain, April 24, 2024. REUTERS/Jon Nazca/File Photo
BusinessFinanceFuelLiquefied Natural GasNewsOil

Repsol explores sale of minority stake in South Texas oil assets, sources say

Repsol plans to sell a minority interest in its Eagle Ford shale assets in South Texas, in a deal that could value the...

FILE PHOTO: The sun sets behind a crude oil pump jack on a drill pad in the Permian Basin in Loving County, Texas, U.S. November 24, 2019. Picture taken November 24, 2019.  REUTERS/Angus Mordant/File Photo
BusinessFinanceFuelLiquefied Natural GasLiquefied Petroleum GasNatural GasNewsOil

Analysis: A mountain of asset sales loom after oil megamerger era

US oil and gas companies could struggle to sell $27bn assets as wave of energy megamergers nears the end of regulatory reviews

FILE PHOTO: A Southwest commercial aircraft flies near a cell phone tower as it approaches to land at John Wayne Airport in Santa Ana, California U.S. January 18, 2022. REUTERS/Mike Blake/File Photo
AviationFuelNewsTransport

U.S. jet fuel output rises to pre-COVID levels as demand soars

U.S. refiners pumped out jet fuel last week at the fastest pace since the pandemic, government data showed, as they look to keep...

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