Monday, July 27, 2026
OPEC oil prices

With Brent Near $80, OPEC Considers Raising Production Output

Supply disruptions threaten in coming months After orchestrating the most successful coordinated action by the group in decades, OPEC is now considering whether to phase out its supply cuts. Since its implementation in January last year, the OPEC cut agreement has seen compliance well above previous attempts at coordinated action by the cartel. The group reconfirmed its commitments to the

Cushing oil storage tanks -oilandgas360

Mexico Consumes 56% of U.S. Gasoline Exports, But A New President May Bring Change

American gasoline exports to Mexico have doubled in past five years U.S. exports of crude, LNG and gasoline are all on the rise, driven by the renaissance in the American energy industry. Crude and LNG exports commonly travel far overseas, supplying countries in Europe and East Asia. American exports of gasoline, on the other hand, are much more concentrated, with

Private Equity’s Big Bet on Cheap Gas-Fired Plants Has Gone Awry

From Bloomberg Private equity shops thought they saw a sure-fire way to make a buck: build or buy dozens of power plants fueled by cheap Appalachian natural gas to replace old coal-fired units. It hasn’t quite turned out that way, at least not yet. Many of the plants aren’t kicking off as much cash as the buyout firms had expected,