Friday, July 25, 2025
U.S. regulator expects to find abuses in shipping amid supply chain woes- oil and gas 360

U.S. regulator expects to find abuses in shipping amid supply chain woes

Reuters WASHINGTON – The head of a U.S. commission that oversees ocean transportation said in an interview on Tuesday he suspects some ocean carriers have improperly charged importers, one of many factors driving supply chain woes. A broad range of companies importing goods have been frustrated not only by the pile-up of ships outside harbors but also by higher shipping

Column-Rising oil prices are fuelling expected inflation: Kemp- oil and gas 360

Column-Rising oil prices are fuelling expected inflation: Kemp

Nasdaq LONDON (Reuters) – Past changes in oil prices are closely associated with U.S. consumers’ and investors’ expectations for overall inflation in future, which helps explain why they are sensitive for central banks and other policymakers. In the last three decades, the rise and fall in oil prices has correlated with expectations about future inflation measured by the University of

Oil prices tumble as U.S. intensifies pressure on OPEC for more crude- oil and gas 360

Oil prices tumble as U.S. intensifies pressure on OPEC for more crude

World Oil (Bloomberg) –Oil fell as the U.S. intensified pressure on OPEC+ to boost supplies when it meets on Thursday, while concerns grew that tighter policy from the Federal Reserve will impede growth. West Texas Intermediate futures sank 2.4% after U.S. President Joe Biden blamed OPEC and its allies for inflationary pressure, while Secretary of State Antony Blinken urged his

Pierce Transit to partner with United Energy Trading and PureWest Energy to fuel buses with carbon neutral, responsibly sourced gas- oil and gas 360

Pierce Transit to partner with United Energy Trading and PureWest Energy to fuel buses with carbon neutral, responsibly sourced gas

Oil and Gas 360 PureWest Energy, LLC (“PureWest”), a leading Environmental, Social and Governance (ESG)-focused independent natural gas producer with operations in the Rocky Mountain region, today announced an agreement with United Energy Trading, LLC and Pierce Transit to provide its first-ever scope 1 and 2 carbon neutral, certified Responsibly Sourced Gas (“RSG”) in the country.     United Energy Trading, LLC, a Green-E Certified

Oil down after API data shows U.S. inventory build-up- oil and gas 360

Oil down after API data shows U.S. inventory build-up

Reuters LONDON – Oil prices fell on Wednesday as industry data pointed to a big build in crude oil and distillate stocks in the United States, the world’s largest oil consumer, and as pressure mounted on OPEC to increase supply. Brent crude futures were down $2.20, or 2.6%, at $82.52 a barrel at 1308 GMT. U.S. West Texas Intermediate (WTI)