Tuesday, June 16, 2026
U.S. trade deficit falls to $63.9 billion in September- oil and gas 360

U.S. trade deficit falls to $63.9 billion in September

CNBC The U.S. trade deficit fell in September after hitting a 14-year high the previous month as exports outpaced imports. The gap between what the U.S. sells and what it buys abroad fell to $63.9 billion in September, a decline of 4.7%, from a $67 billion deficit in August, the Commerce Department reported Wednesday. September exports rose 2.6% to $176.4

Norway's top court starts hearing on Arctic oil exploration-oil and gas 360

Norway’s top court starts hearing on Arctic oil exploration

Reuters OSLO – Norway’s top court began to hear arguments on Wednesday on the legality of awarding offshore oil licenses in the Arctic, in a landmark case that could stop the industry’s expansion. The lawsuit, led by environmental groups Greenpeace Norway and Nature and Youth, is part of an emerging branch of law worldwide where plaintiffs seek to use a

Oil climbs as U.S. stockpiles shrink, but election uncertainty overshadows market- oil and gas 360

Oil climbs as U.S. stockpiles shrink, but election uncertainty overshadows market

CNBC LONDON – Oil futures prices have started to signal OPEC+ may have to do more to offset a second wave of coronavirus and a renewed economic slowdown. Between mid-September and mid-October, Brent’s six-month calendar spread had been tightening, a signal traders expected production to run below consumption and inventories to fall. Over the last ten days, however, the spread