Articles

  • 3 weeks ago | marketscreener.com | Shariq Khan |David French

    (Reuters) - ConocoPhillips is exploring the sale of oil and gas assets in Oklahoma that it inherited from its $22.5 billion takeover of Marathon Oil last year, people familiar with the matter said. The energy producer has hired investment bank Moelis & Co to run the sale process for the assets, the sources said, adding that the talks are at an early stage and a deal is not guaranteed.

  • 2 months ago | thebharatexpressnews.com | Shariq Khan

    By Shariq Khan and David French(Reuters) – Private Equity company NGP Energy Capital Management is investigating a sale of natural natural resources Camino, which can achieve a valuation of around $ 2 billion, including debts, sources that are familiar with the case on Thursday. Of the largest remaining private producers in the Anadarko -basin of Oklahoma, Camino covers around 135,000 net hectares.

  • Jan 10, 2025 | reuters.com | Shariq Khan |Georgina McCartney

    The headquarters of U.S. energy exporter and pipeline operator Kinder Morgan Inc. is seen in Houston, Texas, U.S. September 27, 2020. REUTERS/Gary McWilliams/File Photo (KMI.N), opens new tab said two of its Los Angeles fuel pipelines returned to service on Friday, after being shut down since Jan. 8 due to power outages caused by the most NEW YORK/HOUSTON, Jan 10 (Reuters) - Kinder Morgan Inc destructive wildfires in the city's history.

  • Jan 8, 2025 | reuters.com | Shariq Khan

    NEW YORK, Jan 8 (Reuters) - U.S. crude oil imports from Canada rose last week to the highest on record, data from the U.S. Energy Information Administration (EIA) showed on Wednesday, ahead of incoming U.S. president Donald Trump's plans to levy a 25% tariff on Canadian imports. Trump, who has long complained about Canada's trade surplus with the U.S., on Tuesday threatened to use economic force to turn Canada into the 51st U.S. state.

  • Dec 9, 2024 | reuters.com | Shariq Khan |Nicole Jao

    A pump jack drills oil crude from the Yates Oilfield in West Texas’s Permian Basin, near Iraan, Texas, U.S., March 17, 2023. REUTERS/Bing Guan/File Photo NEW YORK, Dec 9 (Reuters) - Average U.S. gasoline prices fell below $3 a gallon for the first time in over three years on Monday, extending a run of bargains at the pump for consumers who have faced soaring inflation in recent years.

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Shariq Khan
Shariq Khan @shariqrtrs
10 Apr 25

Tariffs are clouding the global economic outlook and could weigh heavily on oil prices in the months ahead, the U.S. EIA said on Thursday as it lowered its oil demand forecasts through 2026. #OOTT https://t.co/9UT5PaerVd

Shariq Khan
Shariq Khan @shariqrtrs
7 Apr 25

US EIA delayed its STEO report from Tuesday to Thursday this week as it re-runs forecasting models to reflect most recent market developments. #OOTT https://t.co/YeLyuKWKwe

Shariq Khan
Shariq Khan @shariqrtrs
4 Apr 25

Brent settled at $65.58, down $4.56, lowest close since Aug 2021. WTI fell $4.96 to $61.99, lowest since April 2021. #OOTT