Scott DiSavino

New York

Correspondent at Reuters

Reuters Energy Correspondent specializing in North American natural gas and power

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Articles

Democratic-led states sue to block Trump's halting of wind projects

1 week ago | today.westlaw.com | Nate Raymond |Alexia Garamfalvi |Scott DiSavino |Will Dunham

BOSTON (Reuters) - A coalition of Democratic state attorneys general sued on Monday in a bid to block President Donald Trump's move to suspend leasing and permitting of new wind projects, saying it threatens to cripple the wind industry and a key...
US Drillers Cut Oil and Gas Rigs for First Time in Three Weeks

1 week ago | hartenergy.com | Scott DiSavino

U.S. energy firms this week cut the number of oil and natural gas rigs operating for the first time in three weeks, energy services firm Baker Hughes said in its closely followed report on May 2. The oil and gas rig count, an early indicator of future output, fell by three to 584 in the week to May 2. Baker Hughes said this week's decline puts the total rig count down 21 rigs, or 3% below this time last year.
In Trump's first 100 days, US energy dominance plans roiled by trade uncertainty

2 weeks ago | today.westlaw.com | Liz Hampton |Scott DiSavino |Marguerita Choy

NEW YORK (Reuters) -Just 100 days into President Donald Trump's second term, oil prices have slumped over 20% to below many U.S. producers' breakeven costs as investors lose confidence amid tariff and policy uncertainty - undercutting Trump's push...
Oil prices fall 3% to 2-week low as trade war concerns dampen demand outlook

2 weeks ago | marketscreener.com | Scott DiSavino

NEW YORK (Reuters) - Oil prices fell about 3% to a two-week low on Tuesday as investors braced for OPEC+ to boost output and worried U.S. President Donald Trump's tariffs would hit the global economy and slow demand for the fuel. Brent crude futures fell by $1.70, or 2.6%, to $64.16 per barrel at 1:34 p.m. EDT (1734 GMT). U.S. West Texas Intermediate crude dropped by $1.55, or 2.5%, to $60.50. Both benchmarks were on track for their lowest closes since April 10.
Oil prices fall 2% to 2-week low as trade war concerns dampen demand outlook

2 weeks ago | ca.marketscreener.com | Scott DiSavino

NEW YORK (Reuters) - Oil prices fell about 2% to a two-week low on Tuesday on expectations OPEC+ will boost output even as U.S. President Donald Trump's on-again off-again trade tariffs could reduce global economic growth and demand for the fuel. Brent crude futures fell by $1.41, or 2.1%, to $64.45 per barrel by 11:03 a.m. EDT (1503 GMT), while U.S. West Texas Intermediate crude dropped by $1.36, or 2.2%, to $60.69. That puts both benchmarks on track for their lowest closes since April 10.
Oil prices fall 3% to 2-week low

2 weeks ago | azdailysun.com | Scott DiSavino

NEW YORK — Oil prices fell about 3% to a two-week low on Tuesday as investors braced for OPEC+ to boost output and worried U.S. President Donald Trump's tariffs would hit the global economy and slow demand for the fuel. Brent crude futures fell by $1.70, or 2.6%, to $64.16 per barrel at 1:34 p.m. EDT. U.S. West Texas Intermediate crude dropped by $1.55, or 2.5%, to $60.50. Both benchmarks were on track for their lowest closes since April 10.
US Drillers Add Oil, Gas Rigs for Second Week in a Row

2 weeks ago | hartenergy.com | Scott DiSavino

U.S. energy firms this week added oil and natural gas rigs for a second week in a row for the first time since February, energy services firm Baker Hughes said in its closely followed report on April 25. The oil and gas rig count, an early indicator of future output, rose by two to 587 in the week to April 25. Despite this week's rig increase, Baker Hughes said the total count was still down 26, or 4% below this time last year.
Petróleo tem leve alta com dólar mais fraco e notícias econômicas mistas

2 weeks ago | terra.com.br | Scott DiSavino

Os preços do petróleo subiram ligeiramente nesta quinta-feira, com os investidores avaliando o dólar norte-americano mais fraco, o potencial aumento da produção da Opep+, notícias econômicas mistas, sinais conflitantes de tarifas dos Estados Unidos e notícias da guerra entre Rússia e Ucrânia. Os futuros do petróleo Brent subiram 0,7%, para fechar a US$66,55 o barril. O petróleo West Texas Intermediate (WTI) dos EUA subiu 0,8%, fechando a US$62,79.
US NatGas Prices Fall 3% to 5-Month Low on Big Storage Build, Mild Weather

2 weeks ago | hartenergy.com | Scott DiSavino

U.S. natural gas futures fell about 3% to a five-month low on April 24 on a bigger-than-expected weekly storage build and expectations that mild weather will keep heating and cooling demand low in coming weeks. The U.S. Energy Information Administration (EIA) said energy firms added 88 Bcf of gas to storage during the week ended April 18.
Oil prices settle up on weaker US dollar, mixed economic news

2 weeks ago | marketscreener.com | Scott DiSavino

NEW YORK (Reuters) -Oil prices edged up on Thursday as investors weighed a weaker U.S. dollar, potential OPEC+ output increase, mixed economic news, conflicting U.S. tariff signals and news from the Russia-Ukraine war. Brent crude futures rose 43 cents, or 0.7%, to settle at $66.55 a barrel. U.S. West Texas Intermediate (WTI) crude rose 52 cents, or 0.8%, to settle at $62.79.