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Oil earns Kuwait $24.5 bil April-June
OPEC member Kuwait earned Dinars 6.5 billion in oil revenues April-June this year, over 100% more than projected for the period by the government's budget, the independent al-Shall Economic Consultancy...More...
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Swaps sellers aim to sustain tanker earnings amid rising fuel costs
Freight forward agreements (FFAs) on crude tankers for the coming year have gained upward momentum as swaps sellers aim to sustain tanker earnings amid rising costs for bunker fuel and players extrapolate the unprecedented strength of spot freight rates into the future, industry sources said. More...

Energy issues dominate US presidential race
Early this year, shortly after oil prices topped $100 a barrel for the first time, a reporter asked US President George W. Bush if he had any advice for "the average American who is hurting now, facing the prospect of $4-a-gallon gasoline." More...

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Electric Power DailyFERC urged to support wholesale demand-side resources
The Federal Energy Regulatory Commission must adopt wholesale market rules that support the technical needs of demand-side resources, including smaller providers, just as market rules allow for various types of generating technologies, a coalition of environmental and public interest groups have told the agency. More...

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