Express News | Trump: Iran hopes to reach an agreement quickly; Iranian media: Trump continues to lie about reaching an agreement with Iran.
U.S. President Trump: Iran hopes to reach an agreement, and it hopes to do so quickly and urgently. I will decide whether we engage with Iran; we are open to this possibility.
Express News | U.S. Energy Secretary Wright: The United States will begin replenishing its Strategic Petroleum Reserve in the coming months.
International oil prices continue to climb, with WTI and Brent crude rising nearly 4% during the day. On the news front, U.S. Energy Secretary Jennifer Granholm expressed confidence that traffic through the Strait of Hormuz will increase in the coming weeks, and that the United States will begin replenishing its Strategic Petroleum Reserve (SPR) over the next few months.
BP Whiting Refinery Says Proposes 6-Year Labor Contract With 150-Day No-Strike/No-Lockout Period After Expiry; Offers 13% Base Wage Increase Over 4 Years, Plus Industry-Pattern Raises In Years 5-6; Proposal Includes Job Restructuring, Training...
BP Whiting Refinery Says Proposes 6-Year Labor Contract With 150-Day No-Strike/No-Lockout Period After Expiry; Offers 13% Base Wage Increase Over 4 Years, Plus Industry-Pattern Raises In Years 5-6;
YPF Says Lining up Buyers for Argentina's Vaca Muerta LNG Project
Express News | Iran's Tasnim News Agency: Despite Iran's repeated statements that it does not wish to negotiate an agreement with the "terrorist U.S. government," Trump, the leader of this "terrorist U.S. government," has once again claimed that Iran seeks to reach an agreement swiftly.
Brent crude surpasses $108; Bernstein warns that compounded crises in the Strait of Hormuz and the Red Sea could drive oil prices toward $150.
The closure of Saudi Arabia’s East-West Pipeline following an attack, combined with shipping disruptions in the Strait of Hormuz, the Red Sea, and the Suez Canal, has further intensified global oil