energy

Saudi pipeline outage threatens 4% of global oil supply

Record diesel prices are exposing a critical constraint in global energy markets as refinery disruptions abroad collide with limited capacity in the US. GasBuddy’s Patrick De Haan is on Bloomberg This Weekend and says producing more crude alone won’t solve the problem because refiners are already op

Trump says US could stay in Iran and keep oil, like Venezuela deal Reuters

Saudi authorities trace the launch site to Maysan province in southeastern Iraq, near the Iranian border.

Oil falls but head for 8% weekly gain on tight supply; US diesel hits record Reuters

Maverick Natural Resources has operations in Texas and Oklahoma.

U.S. natural gas futures fell after weekend updates took some of the chill out of early February weather forecasts.

On Bloomberg This Weekend, Council on Foreign Relations senior fellow Ray Takeyh says renewed Houthi attacks represent a significant setback for the US strategy of stabilizing regional oil flows and may indicate closer coordination between the group and Iran. Takeyh also tells hosts David Gura and C

Trump says Iran probably responsible for attack on Saudi pipeline Reuters

Saudis shut down oil pipeline as Houthis tighten grip on Red Sea shipping Reuters