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Reuters @reuters.com · London 🇬🇧 · 1d

The article discusses the current challenges facing U.S. fuel markets amid the ongoing conflict in Iran, highlighting significant draws in domestic crude and fuel stocks, soaring gasoline prices, and the political ramifications for President Trump as high prices collide with upcoming elections, indicating that the U.S. energy dominance may lead to severe consequences for domestic consumers and the economy. #EnergyMarkets #OilPrices #CrudeOil #US #IR #EU #AS

www.reuters.com
Shrinking US fuel stocks leave Trump exposed
LONDON, May 7 (Reuters) - U. S. fuel markets are flashing warning signs. President Donald Trump has repeatedly argued that gasoline prices will "drop like a rock" once the Iran conflict ends.
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Reuters @reuters.com · London 🇬🇧 · 3d

Sentinel Midstream has announced the commencement of construction on its Texas GulfLink deepwater oil export project, the first large-scale oil export development in the U.S. in years, coinciding with the country becoming a net crude oil exporter for the first time since World War II due to heightened global demand amid the ongoing conflict in Iran. #OilExport #EnergyInfrastructure #CrudeOil #US #JP #IR #RU #EU #AS

www.reuters.com
Sentinel Midstream to begin construction of Texas deepwater oil export port
May 5 (Reuters) - Oil transportation and storage company Sentinel Midstream said on Tuesday it would immediately begin construction of its deepwater oil export project off the Texas coast, marking the first development of a large-scale export project in the United States in years.
Investing.com UK @uk.investing.com · United Kingdom 🇬🇧 · 3d

Generální ředitel Chevronu Mike Wirth varoval, že se objevují známky fyzických nedostatků ropy, které nejprve zasáhnou asijský hospodářský růst, přičemž vyzdvihl potřebu přizpůsobit poptávku nabídce a poukázal na to, že válka na Blízkém východě vedla k prudkému poklesu globálních ropných zásob. #CrudeOilShortage #EnergyCrisis #AsianEconomies

uk.investing.com
Chevron CEO Warns of Emerging Physical Shortages in Crude Oil | Investing.com UK
Signs of physical shortages in crude oil are emerging, the chief executive of Chevron warned this week, noting that this will first hit Asian economic growth.