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Energy
Oil in U.S. Strategic Petroleum Reserve falls below 300 million barrels,
In an aerial view, the Strategic Petroleum Reserve storage at the Bryan Mound site is seen on October 19, 2022 in Freeport, Texas. Brandon Bell | Getty ImagesCrude oil stockpiles in the U.S. Strategic Petroleum Reserve have fallen below…
SpaceX spent more on Tesla Megapacks in Q2 to power AI data centers
Tesla Megapack batteries during a tour of the Elkhorn Battery Energy Storage System in Moss Landing, California, June 6, 2022.Nic Coury | Bloomberg | Getty ImagesSpaceX ramped up spending on energy products from CEO Elon Musk's other…
Virginia governor to intervene in NextEra, Dominion merger
Gov. Abigail Spanberger speaks after signing a ceremonial bill at Highland Springs High School in Richmond, Va., Monday, May 18, 2026.Mike Kropf | Richmond Times-Dispatch | Lee Newspapers | Getty ImagesVirginia Gov. Abigail Spanberger…
Top Democrat proposes killing tax breaks for overseas oil production
U.S. Sen. Martin Heinrich (D-NM) speaks to reporters after a roundtable on rising energy costs on Capitol Hill on March 17, 2026 in Washington, DC. Anna Moneymaker | Getty ImagesSen. Martin Heinrich will introduce a bill, shared…
Oil jumps after Iran publishes restrictive plan for Strait of Hormuz
Crude oil prices rose Thursday after Iranian state news published a draft plan with restrictive conditions for ship traffic in the Strait of Hormuz.Brent crude, the international benchmark, rose 3.6% to $82.36 per barrel. U.S. West Texas…
Oil prices little changed on negotiations to manage ship traffic in Strait
Crude prices were little changed Wednesday on reports that the U.S., Iran and Oman were working on an agreement to manage ship traffic in the Strait of Hormuz. Brent crude, the international benchmark, was up 7 cents at $79.43 per…
Egypt says drone hit two ships at Mediterranean port as attacks on energy
A view of the Damietta Port in Egypt where a drone attack caused fire on two ships, in this undated social media video obtained by Reuters on July 30, 2026.Damietta Port Authority | ReutersEgypt said Thursday that a drone hit two ships…
Dems demand info on Trump, Lutnick families’ ties to critical mineral deals
U.S. President Donald Trump speaks, as he signs executive orders, while Howard Lutnick stands in the background, in the Oval Office of the White House in Washington, U.S., Feb. 10, 2025. Kevin Lamarque | ReutersDemocratic senators on…
The oil majors are about to report booming profits. These smaller stocks
POWER POINTWhat I'm hearing from energy insiders"Meet the new boss, same as the old boss"The classic lyric from The Who's masterpiece "Won't Get Fooled Again" certainly applies to the global energy markets. The 'boss' is a headline about…
Trump says U.S. has sold more than $13 billion of Venezuela oil since
US President Donald Trump makes an announcement on American Nuclear Innovation in the Oval Office of the White House in Washington, DC, on July 24, 2026. Mandel Ngan | AFP | Getty ImagesPresident Donald Trump said Monday that the U.S.…