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A service for energy industry professionals · Tuesday, February 25, 2025 · 789,032,830 Articles · 3+ Million Readers
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Light Crude News Monitoring

  • Published on 08:35 GMT

    Azerbaijani oil prices declines

    The price of Azerbaijan's "Azeri Light" crude oil at the port of Augusta, Italy, has decreased by 0.19 USD or 0.24%, compared to previous figures, settling at 76.71 USD per barrel, based on CIF pricing. According to the source, the price of …

    Source: Today.Az - Pro-Government
  • Published on 09:22 GMT

    Azerbaijani Oil Exhibits Marginal Depreciation In Valuation

    (MENAFN- Trend News Agency) BAKU, Azerbaijan, February 25. The price of Azerbaijan's Azeri Light crude oil on a CIF basis in the Italian port of Augusta decreased on February 21 by $0.19 (0.24 percent) compared to the previous rate, now sitting at $76. …

    Source: MENAFN - Uncategorized
  • Published on Feb 24, 2025

    Four charts show why Trump’s vision of energy independence is a myth

    By Ella Nilsen and Amy O’Kruk, CNN (CNN) — President Donald Trump swept into office with a three-word energy policy: Drill baby drill. In Trump’s telling, unleashing US oil drilling will reduce gas prices – and thereby Americans’ cost of living – and …

    Source: KTVZ - Oregon - Neutral
  • Published on Feb 24, 2025

    Trump's 10% oil tariff could cost foreign producers USD 10 bn annually, Goldman Sachs says

    Goldman Sachs said on Friday a proposed 10% U.S. oil tariff could cost foreign producers USD 10 billion per year, as Canadian and Latin American heavy crudes remain reliant on U.S. refiners due to limited alternative buyers and processing capabilities. …

    Source: ETAuto - Uncategorized
  • Published on Feb 24, 2025

    Govt to seek inputs on potential tariff & policy tweaks before US talks

    The commerce ministry, which will steer negotiations for the India-US Bilateral Trade Agreement (BTA), will soon send out a checklist to the ministries of defence, electronics and information technology, consumer affairs, agriculture, education, mines, …

    Source: Mint - Neutral
  • Published on Feb 22, 2025

    Trump's 10% oil tariff could cost $10b

    Listen to article BENGALURU: Goldman Sachs said on Friday a proposed 10% US oil tariff could cost foreign producers $10 billion per year, as Canadian and Latin American heavy crudes remain reliant on US refiners due to limited alternative buyers and …

    Source: The Express Tribune - Uncategorized
  • Published on Feb 22, 2025

    Trump's 10% Oil Tariff Could Deal $10 Billion Annual Blow To Canada And Other Foreign Producers, Goldman Sachs Warns

    Goldman Sachs estimates that a proposed 10% U.S. oil tariff could lead to a $10 billion annual loss for foreign producers, posing a significant threat to Canadian and Latin American heavy crude suppliers that depend on U.S. refiners. What Happened: The …

    Source: Benzinga - Neutral
  • Published on Feb 22, 2025

    Trump's 10% oil tariff could cost foreign producers $10 billion annually, Goldman Sachs says

    (Reuters) - Goldman Sachs said on Friday a proposed 10% U.S. oil tariff could cost foreign producers $10 billion per year, as Canadian and Latin American heavy crudes remain reliant on U.S. refiners due to limited alternative buyers and processing …

    Source: Yahoo Finance - Label Pending
  • Published on Feb 21, 2025

    Geopolitical Tensions and Supply Disruptions Lift Oil Prices

    Crude oil prices recorded a choppy trading week, underpinned by geopolitical risks and significant supply disruptions. The market closely followed developments in the Russia-Ukraine conflict, where a Ukrainian drone attack on Russia’s Kropotkinskaya …

    Source: Oil Price - Neutral
  • Published on Feb 21, 2025

    Appeals Court upholds MPSC permit for Line 5 tunnel project

    More than a month after attorneys for several Native American tribes and environmental advocacy groups urged the Michigan Court of Appeals to overturn one of the permits needed for Canadian energy company Enbridge to move forward with its controversial …

    Source: Michigan Advance - Left-wing
  • Published on Feb 21, 2025

    HIS-KUWAIT-EVENTS

    (MENAFN- Kuwait News Agency (KUNA)) Today in Kuwait history KUWAIT, Feb 21 (KUNA) -- 1972 -- Zaid Al-Harb, a renowned poet who was among the first to demand gender equality, passed away at 85. 1977 -- A ground satellite station in Umm Al-Aish began …

    Source: MENAFN - Uncategorized
  • Published on Feb 19, 2025

    Feds mulling 'emergency' Line 5 tunnel permit review after Trump order

    The U.S. Army Corps of Engineers is considering giving the Line 5 tunnel project under the Straits of Mackinac emergency status after President Donald Trump last month called on federal agencies to use emergency authority to speed up critical energy …

    Source: The Detroit News - Michigan - Neutral
  • Published on Feb 19, 2025

    Army Corps picks energy projects for quick permits

    The Army Corps of Engineers has identified hundreds of energy projects that could be fast-tracked for federal permits in response to President Donald Trump’s “energy emergency” declaration. Projects tapped for “emergency” permits include Enbridge’s Line 5 …

    Source: E&E News - Neutral
  • Published on Feb 19, 2025

    Anti-Line 5 coalition raises alarms as tunnel project is placed on emergency permitting list

    Opponents of Enbridge’s Line 5 pipeline are warning that a January 20 executive order could fast track the permitting process for the pipeline’s controversial tunnel project.  Indigenous activists and environmental organizations have advocated against the …

    Source: Michigan Advance - Left-wing

  • Trump and energy: What will change in Utah, the nation?

    President Donald Trump is bulldozing his predecessor's green energy agenda. There are ramifications not only in the United States but abroad. Closer to home, some Utah residents are relieved their gas stoves can remain in their kitchens. Deanna Buck …

    Source: Deseret News - Utah - Uncategorized
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