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Today: March 22, 2025
Today: March 22, 2025
Scott DiSavino

Scott DiSavino

Staff Writer

Latest From Scott DiSavino

Business|Economy|Finance|US

US oil and gas rigs rise for first time in three weeks, Baker Hughes says

U.S. energy firms this week added oil and natural gas rigs for the first time in three weeks, energy services firm Baker Hughes said in its closely followed report on

US oil and gas rigs rise for first time in three weeks, Baker Hughes says
Business|Economy|Finance|Stock Markets|US

US natgas prices hold near 3-week low on record output, mild weather

U.S. natural gas futures held near a three-week low on Friday on record output and forecasts for milder weather and lower heating demand than previously expected through

US natgas prices hold near 3-week low on record output, mild weather
Business|Economy|Finance|Stock Markets|US

US natural gas prices drop 6% to two-week low on surprise storage build, lower demand

U.S. natural gas futures dropped about 6% to a two-week low on Thursday on a surprise storage build and forecasts for milder weather and less demand next week than

US natural gas prices drop 6% to two-week low on surprise storage build, lower demand
Business|Economy|Finance|US

US natgas prices jump 5%to one-week high on record LNG flows, daily output drop

U.S. natural gas futures jumped about 5% to a one-week high on Wednesday on record flows to liquefied natural gas (LNG) export plants and a second drop in daily output.

US natgas prices jump 5%to one-week high on record LNG flows, daily output drop
Asia|Business|Economy|Finance|MidEast|Political|Stock Markets|US|World

Oil prices ease as Ukraine peace talks offset Mideast instability worries

Oil prices eased about 1% on Tuesday as U.S.

Oil prices ease as Ukraine peace talks offset Mideast instability worries
Business|Economy|Finance|US

US natgas prices slide 2% to 2-week low on record output, Waha turns negative

U.S. natural gas futures slid about 2% to a two-week low on Monday on record output, negative spot prices at the Waha Hub in West Texas and forecasts for mild weather

US natgas prices slide 2% to 2-week low on record output, Waha turns negative
Business|Economy|Technology|US

AI, LNG demand to keep US natgas use at record highs but bottlenecks threaten

By Georgina McCartney and Scott DiSavino HOUSTON - U.S. natural gas use is set to continue hitting record highs due to soaring liquefied natural gas (LNG) demand and power consumption from data

AI, LNG demand to keep US natgas use at record highs but bottlenecks threaten
Asia|Business|Economy|Finance|World

Oil prices fall 2% to 12-week low with OPEC+ set to increase output

Oil prices fell about 2% to a 12-week low on Monday on reports OPEC+ will proceed with a planned oil output increase in April and worries U.S. tariffs could hurt

Oil prices fall 2% to 12-week low with OPEC+ set to increase output
Business|Economy|Finance|US

US drillers add oil and gas rigs for fifth week in a row, Baker Hughes says

U.S. energy firms this week added oil and natural gas rigs for a fifth week in a row for the first time since May 2022, energy services firm Baker Hughes said in its

US drillers add oil and gas rigs for fifth week in a row, Baker Hughes says
Business|Economy|MidEast|Political|US

Oil prices fall 2% to two-month low on worries about US economy

Oil prices fell about 2% to a two-month low on Tuesday on weak economic news from the U.S. and Germany that fed fears of slower energy demand, along with signs

Oil prices fall 2% to two-month low on worries about US economy
Business|Economy|US

US oil and gas rig count hits highest since June, says Baker Hughes

U.S. energy firms this week added oil and natural gas rigs for a fourth week in a row to the highest level since June, energy services firm Baker Hughes said in its

US oil and gas rig count hits highest since June, says Baker Hughes
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
Business|Economy|Finance|US

US drillers add oil and gas rigs for third week in a row - Baker Hughes

U.S. energy firms this week added oil and natural gas rigs for a third week in a row for the first time since December 2023, energy services firm Baker Hughes said in its

US drillers add oil and gas rigs for third week in a row - Baker Hughes
Business|Economy|Technology|US

US power use to reach record highs in 2025 and 2026, EIA says

U.S. power consumption will rise to record highs in 2025 and 2026, the U.S. Energy Information Administration said in its Short Term Energy Outlook on Tuesday.

US power use to reach record highs in 2025 and 2026, EIA says
Business|Economy|Finance|Political|US

Oil prices climb to 2-week high on supply worries, US tariffs check gains

Oil prices edged up to a two-week high on Tuesday as sanctions raised concerns about Russian and Iranian oil supplies and on rising Middle East tensions,

Oil prices climb to 2-week high on supply worries, US tariffs check gains
Business|Economy|US

US drillers add oil and gas rigs for second week in a row, Baker Hughes says

U.S. energy firms this week added oil and natural gas rigs for a second week in a row for the first time since July 2024, energy services firm Baker Hughes said in its

US drillers add oil and gas rigs for second week in a row, Baker Hughes says
Business|Economy|Finance|US

US oil and gas rig count falls to lowest since Dec 2021, Baker Hughes says

U.S. energy firms this week cut the number of oil and natural gas rigs operating for a third week in a row to the lowest since December 2021, energy services firm Baker

US oil and gas rig count falls to lowest since Dec 2021, Baker Hughes says
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|Economy|US

US drillers cut oil and gas rigs to lowest since Dec 2021, Baker Hughes says

U.S. energy firms this week cut the number of oil and natural gas rigs operating for a second week in a row to the lowest since December 2021, energy services firm Baker

US drillers cut oil and gas rigs to lowest since Dec 2021, Baker Hughes says
Business|Europe|Finance

Big turnout expected in New York offshore wind power auction

Several offshore wind developers will likely bid in New York's fourth offshore wind solicitation by the Thursday deadline, including units of European energy firms Orsted

Big turnout expected in New York offshore wind power auction
Business|Europe|Finance

US offshore wind writedowns seen soaring with Orsted earnings

European energy companies, including Denmark's Orsted, will likely write down more of their U.S. offshore wind investments this week after BP and Equinor booked $840

US offshore wind writedowns seen soaring with Orsted earnings
Business|Economy|Finance|US

Explainer-Why the US offshore wind industry is in the doldrums

By Scott DiSavino and Nerijus Adomaitis (Reuter - Energy giants BP and Norway's Equinor have booked hundreds of millions of dollars worth of impairments on their U.S. offshore wind power portfolios in

Explainer-Why the US offshore wind industry is in the doldrums
Economy|Finance|US

Oil falls to settle at 3-week low as Fed policy stance lifts dollar

Oil prices eased about 1% to a three-week low on a rising U.S. dollar and after the U.S.

Oil falls to settle at 3-week low as Fed policy stance lifts dollar
Business|Environment|News

Ship shortage dealt death blow to Orsted's NJ offshore wind hopes

Danish energy firm Orsted's shock decision to cancel two offshore wind farms off New Jersey this week was based in large part on big delays securing the ship it needed to

Ship shortage dealt death blow to Orsted's NJ offshore wind hopes
Economy|Finance|MidEast|News|US|World

Oil steady; signs Middle East tensions easing offset higher demand forecasts

Oil prices were little changed on Tuesday, paring early gains on signs tensions in the Middle East could be easing and uncertainty about U.S. oil inventories.

Oil steady; signs Middle East tensions easing offset higher demand forecasts

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