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HomeFinance

Finance

Crude Oil News

ConocoPhillips to sell interest in Gulf of America assets to Shell for $735 million

February 23, 2025 Clark Savage

ENB Pub Note: I had to change the title to “Gulf of America” as World Oil published with “Gulf of Mexico” – just trying to help.  ConocoPhillips will sell its interests in the Gulf of […]

Venture Global
Exports

U.S. LNG Exports Surge But Long-Term Growth Uncertain

February 23, 2025 Clark Savage

The United States leads in LNG exports, but Qatar’s plans to double its output capacity by 2030 pose a major competitive threat. Investors are becoming hesitant to commit to long-term LNG deals due to concerns […]

Chevron and Exxon
Big Oil Companies

Exxon-Pioneer, Chevron-Hess Mergers Receive Conditional FTC Approvals

February 22, 2025 Clark Savage

Exxon Mobil Corporation’s XOM acquisition of Pioneer Natural Resources was given the final approval by the U.S. regulatory body, the Federal Trade Commission (“FTC”), on Jan. 17, 2025. In the same round of consolidation surrounding […]

BRICS

Week Recap: Coal, BRICS, Tariffs & the Global Power Shift

February 22, 2025 Andy Del Prado

Weekly Daily Standup Top Stories The End of Coal Is Nowhere In Sight February 17, 2025 Clark Savage Retirement of coal-fired power plants in the West has done nothing to reverse global coal demand. Global coal […]

Treasury Yield
Finance

Treasury Yield Curve Flattens as 10-Year Yield Falls, Short-Term Yields Stay Put: Fed’s Pivot to Wait-and-See in Inflationary Times. But Mortgage Rates Stay Near 7%

February 22, 2025 Stu Turley

Long-term yields matter more to the economy than the Fed’s short-term policy rates; hence the efforts to push them down. By Wolf Richter for WOLF STREET. The 10-year Treasury yield dropped by 8 basis points on Friday, to […]

Market
Finance

Buyers Strike Crushes Green Shoots of Demand for Existing Homes, amid Surging Supply, Active Listings & Days on Market

February 21, 2025 Stu Turley

Demand destruction because prices are too high after the 50% price explosion during the pandemic. By Wolf Richter for WOLF STREET. Demand in the resale market just keeps getting crushed after every little sign of green shoots. Sales […]

LNG freight rates
Exports

Spot LNG freight rates slightly up, European prices down

February 21, 2025 Mariel Alumit

Spark’s data lead Qasim Afghan told LNG Prime on Friday that global LNG freight rates continue to marginally increase since the record lows seen earlier this month. He said that Spark30S (Atlantic) freight rates rose by $1,250 […]

Japan
Finance

Inflation Spikes to 4.0% in Japan, Much Worse than in the US. BOJ Babied its Rate to Just 0.5%, with More Baby Hikes in View

February 20, 2025 Mariel Alumit

The strategy: Let inflation rip to bring the horrible debt-to-GDP ratio down. Households & yield investors pay for it. Turns out, no free lunches after all. By Wolf Richter for WOLF STREET. The “all items” Consumer Price Index […]

Bitcoin

“Drill Baby Drill” is more like Drill when fiscally appropriate for maxiumum returns

February 20, 2025 Clark Savage

In this episode of Energy News Beat – Conversation in Energy, host Stuart Turley sits down with Steve Kinard from Shalehaven Partners at NAPE to dive into the evolving landscape of energy investments. Steve shares […]

Climate Crisis

Russia Sanctions Shift

February 20, 2025 Andy Del Prado

Daily Standup Top Stories Iranian Oil Exports to China are rolling February 19, 2025 Clark Savage Iranian crude oil flows to China have rebounded this month after a U.S. crackdown on shipments launched in late 2024 […]

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