News

Oil prices steadied near recent highs as traders weighed new US sanctions on Russia against a growing supply glut.

India's Reliance Industries Ltd. has bought millions of barrels of crude from the Middle East and United States after Washington sanctioned two Russian producers.

Chinese state-owned companies including Sinopec canceled some purchases of seaborne Russian crude.

'Sentiment is souring', BMI analysts warned.

Oil surged over 5% after U.S. sanctions on Russia's top oil firms sparked fears of global supply disruptions.

Since 2021, electricity demand within the Texas electricity grid operated by the Electric Reliability Council of Texas (ERCOT) has steadily increased. In the first nine months of 2025, electricity demand in ERCOT, which manages about 90% of the state's lo…

The United States is on track to export a record amount of fuel ethanol for the second year in a row in 2025, driven by growing international demand. This growing market for exports is supporting increased U.S. fuel ethanol production, even as domestic co…

U.S. natural gas pipeline exports to Mexico averaged 7.5 billion cubic feet per day (Bcf/d) in May 2025, the most of any month on record as Mexico's demand for natural gas, particularly in the electric power sector, increases. On an annual basis, U.S. nat…

Liquefied natural gas (LNG) exporters in the United States have announced plans to more than double U.S. liquefaction capacity, adding an estimated 13.9 billion cubic feet per day (Bcf/d) between 2025 and 2029, according to our Liquefaction Capacity File …

We expect energy expenditures this winter will vary based on a home's main space heating fuel: homes heating with natural gas will pay about the same amount for natural gas as they did last winter, but homes heating with electricity will pay more than the…