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August 16, 2022

Oil falls on economic data, awaits news of Iran nuclear deal- oil and gas 360

Oil falls on economic data, awaits news of Iran nuclear deal

August 16, 2022

Nasdaq KUALA LUMPUR – Oil prices slipped on Tuesday as traders eyed the latest progress in last-ditch talks to revive the 2015 nuclear accord with Iran, which would clear the way to boost its crude exports in a tight market. Brent crude LCOc1 futures were down 86 cents, or 0.9%, at $95.79 a barrel at 0725 GMT, after gaining 1.8% in the previous session. U.S. West Texas

Mexico plans to be LNG export hub with U.S.-drilled natural gas- oil and gas 360

Mexico plans to be LNG export hub with U.S.-drilled natural gas

August 16, 2022

World Oil (Bloomberg) — Mexico — which imports nearly all of the natural gas it burns — has laid out a somewhat surprising mission: to become one of the world’s top exporters of the fuel, and fast.   Although natural gas exports from Mexico are today non-existent, seeing as it produces too little of the power-plant fuel to supply even its own domestic needs, the

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