Saturday, August 8, 2026
Consequences or cooperation: How will the U.S. deal with OPEC?- oil and gas 360

Consequences or cooperation: How will the U.S. deal with OPEC?

Oil Price The relationship between the U.S. and OPEC has always been a fraught one, with America pushing the cartel to slash production when oil prices crash and open the taps when prices soar. While cooperation between the two oil and gas powers is normally focused on supply and demand considerations, geopolitical tensions heavily influence any outcome.   Today, as

U.S. natural gas edges up but still near 7-month low after big storage build- oil and gas 360

U.S. natural gas edges up but still near 7-month low after big storage build

Nasdaq U.S. natural gas futures inched up in choppy trade on Thursday, hovering near their lowest since March, after a mixed reaction to a federal report showing a larger-than-expected storage increase last week, with investors also assessing upcoming seasonal demand.     Front-month gas futures NGc1 edged up 2.9 cents, or 0.5%, to $5.49 per million British thermal units (mmBtu) by 11:38