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Today: March 23, 2025
Today: March 23, 2025
Arathy Somasekhar

Arathy Somasekhar

Staff Writer

Latest From Arathy Somasekhar

Asia|Economy|MidEast|Political|World

Oil prices tick up on US attack on Houthis, China economic hopes

Oil prices rose slightly on Monday after the United States vowed to keep attacking Yemen's Houthis until the Iran-aligned group ends its assaults on shipping,

Oil prices tick up on US attack on Houthis, China economic hopes
Business|Economy|MidEast

Turkey to develop its shale fields with US producer Continental Resources

Turkish national oil company TPAO has signed a joint venture agreement with U.S. oil producer Continental Resources to develop shale fields in the country’s

Turkey to develop its shale fields with US producer Continental Resources
Business|Economy|Political|US

Global companies eye more US investment as Trump touts energy dominance

Market upheaval from U.S.

Global companies eye more US investment as Trump touts energy dominance
Americas|Economy|Political|US

Canada could restrict its oil exports to US if Trump trade war escalates

Canada could impose non-tariff measures such as restricting its oil exports to the United States or levying export duties on products if a

Canada could restrict its oil exports to US if Trump trade war escalates
Americas|Business|Economy|Political|US

Alberta energy minister says proposed trade de-escalation options to US

Alberta Energy Minister Brian Jean said on Tuesday he had provided the administration of U.S.

Alberta energy minister says proposed trade de-escalation options to US
Business|Environment|Political|US

Climate activists protest at top global energy gathering

Protesters gathered on Monday outside the world's largest annual meeting of energy executives, where the U.S.

Climate activists protest at top global energy gathering
Business|Economy|US

Baker Hughes says oil producers unlikely to increase spending this year

U.S. oil and gas producers are unlikely to increase spending this year and output increases will primarily come from improved efficiencies rather than new

Baker Hughes says oil producers unlikely to increase spending this year
Business|Economy|Environment|Finance|MidEast|Political|US

More chance of Elvis speaking than energy transition plans succeeding, Aramco CEO says

Policymakers and energy executives need to rethink energy transition plans and stop doubling down on elements of the transition that have

More chance of Elvis speaking than energy transition plans succeeding, Aramco CEO says
Business|Economy|Political|US

Top oil executives reckon with downturn even as Trump cheers them on

The world's energy industry leaders meet in Houston next week as plummeting oil prices push Big Oil to slash thousands of jobs even as a pro-fossil fuel U.S.

Top oil executives reckon with downturn even as Trump cheers them on
Business|Economy|Finance|Political|US

Oil steadies in choppy trading on tariff uncertainty, OPEC+ hike plans

Oil settled largely unchanged in choppy trade on Thursday, with global benchmark Brent closing below $70 a barrel under pressure from tariffs between the U.S.,

Oil steadies in choppy trading on tariff uncertainty, OPEC+ hike plans
Business|Economy|Finance|Stock Markets|US

Weak refinery, export demand weakens prices for Midland crude along Texas coast

The price spread between WTI Midland crude in West Texas and Houston has narrowed this year as cold weather hurt Permian production, driving up prices, but

Weak refinery, export demand weakens prices for Midland crude along Texas coast
Asia|Business|Economy|US

US crude exports to India hit over 2-yr high in Feb as Russia sanctions bite

U.S. exports of crude oil to India last month climbed to their highest in over two years, ship tracking data showed, as refiners in the country sought

US crude exports to India hit over 2-yr high in Feb as Russia sanctions bite
Business|Economy|Finance|Political|Stock Markets|US

Oil settles down more than 2% after US crude stocks build, OPEC+ hike, US tariffs

Oil prices settled down for the fourth consecutive session on Wednesday after U.S. crude oil stockpiles posted a larger-than-expected build, adding a further

Oil settles down more than 2% after US crude stocks build, OPEC+ hike, US tariffs
Business|Economy|Political|US

Sentinel Midstream eyes final investment decision for US oil export project

Oil transportation and storage company Sentinel Midstream expects to make a final investment decision on its deepwater oil export project off the Texas coast

Sentinel Midstream eyes final investment decision for US oil export project
Business|Economy|Finance|Political|World

Oil holds near one-week high on supply concerns, sanctions on Russia eyed

Oil prices held near a one-week high on Wednesday on worries about supply disruptions in Russia and the U.S., while the market awaited clarity on sanctions as

Oil holds near one-week high on supply concerns, sanctions on Russia eyed
Asia|Business|Economy|Political|US

Oil gains nearly 2% despite trade war concerns

Oil prices rose nearly 2% on Monday after posting their third straight week of losses, even though investors remained worried that U.S.

Oil gains nearly 2% despite trade war concerns
Business|Economy|US

US Permian oil output growth to slow in 2025 despite Trump's plan, executives say

Growth in oil output from the U.S.

US Permian oil output growth to slow in 2025 despite Trump's plan, executives say
Business|Economy|Political|US

US refiner Delek could run more light sweet oil if tariffs bite, CEO says

U.S. refiner Delek has the option to run more light, sweet crude oil if it is economical to do so, CEO Avigal Soreq said on Thursday,

US refiner Delek could run more light sweet oil if tariffs bite, CEO says
Asia|Business|Economy|Political|US

China tariffs could drive US crude exports lower in 2025

An emerging trade war between the United States and China could drive U.S. crude exports lower in 2025 for the first time since the pandemic by reducing access

China tariffs could drive US crude exports lower in 2025
Business|Economy|Political|US

Oil eases to one-week low amid Trump tariff uncertainty

Oil prices eased to a fresh one-week low on Wednesday as the market considers how U.S.

Oil eases to one-week low amid Trump tariff uncertainty
Business|Environment|US

Ports in Texas limit activity amid cold weather

Port Freeport on Tuesday said it expects limited vessel activity while Port Houston said all of its public facilities will remain closed through Wednesday as

Ports in Texas limit activity amid cold weather
Business|Economy|Environment|US

Texas ports, pilots suspend some operations as winter storm hits

Texas ports and pilots, who assist in moving vessels around ports, suspended some operations on Monday as frigid weather conditions hit the state.

Texas ports, pilots suspend some operations as winter storm hits
Business|Economy|Political|US

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

Oilfield service provider SLB on Friday said its current business in Russia still aligns with U.S. sanctions issued this month,

SLB says its Russia business aligns with new US sanctions as revenue drops
Business|Economy|Finance|MidEast|US

Oil prices dip but post 4th straight weekly gain on US sanctions

Oil prices settled lower on Friday but notched their fourth straight weekly gain, as the latest U.S. sanctions on Russian energy trade added to worries about

Oil prices dip but post 4th straight weekly gain on US sanctions
Americas|Business|Economy|Finance|Stock Markets

SLB boosts dividend and buybacks, but warns of oil oversupply

Oilfield company SLB raised its quarterly dividend and accelerated share repurchases on Friday as its fourth-quarter profit beat expectations, while

SLB boosts dividend and buybacks, but warns of oil oversupply

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