Nathan Risser
Oil Products Reporter at Bloomberg News
Oil Products Reporter for @business in Houston, Texas. Previously at @ArgusMedia and @GoldmanSachs. Views are my own.
Articles
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2 weeks ago |
bloomberg.com | Nathan Risser |Devika Kumar |Kevin Crowley |Yongchang Chin
The Chevron refinery in Richmond, California, U.S., on Monday, April 11, 2022. Chevron Corp.'s plan to move major maintenance at its San Francisco Bay-area refinery to June from April because of an ongoing labor strike may further exacerbate already-high California fuel prices. Photographer: David Paul Morris/Bloomberg(Bloomberg) -- Chevron Corp.
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3 weeks ago |
rigzone.com | Mia Gindis |Nathan Risser
Oil rose as stronger-than-expected US jobs data eased concerns about an economic slowdown that would crimp demand, spurring algorithmic traders to reduce short positions. West Texas Intermediate climbed almost 2% to settle above $64 a barrel, notching the largest weekly gain since November. Crude followed equities higher after US job growth in May narrowly surpassed economist forecasts, allaying concerns of near-term demand deterioration.
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3 weeks ago |
bloomberg.com | Mia Gindis |Nathan Risser
A pump jack in Midland, Texas. Photographer: Anthony Prieto/Bloomberg(Bloomberg) -- Oil rose as stronger-than-expected US jobs data eased concerns about an economic slowdown that would crimp demand, spurring algorithmic traders to reduce short positions. West Texas Intermediate climbed almost 2% to settle above $64 a barrel, notching the largest weekly gain since November.
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3 weeks ago |
news.bloomberglaw.com | Ari Natter |Nathan Risser
The Trump administration wants to put a 1 million barrel cache of diesel fuel on the market, saying the reserve meant to provide an emergency supply of home heating oil for the Northeast has never been used for its intended purpose. The sale and closure of the Northeast Home Heating Oil Reserve would generate $100 million to be used for deficit reduction, according to Department of Energy budget details recently made public.
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3 weeks ago |
fortune.com | Ari Natter |Nathan Risser
he Trump administration wants to put a 1 million barrel cache of diesel fuel on the market, saying the reserve meant to provide an emergency supply of home heating oil for the Northeast has never been used for its intended purpose. The sale and closure of the Northeast Home Heating Oil Reserve would generate $100 million to be used for deficit reduction, according to Department of Energy budget details recently made public.
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