US 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, according to US Energy Information Administration (EIA) .
Worldwide air cargo tonnages dropped 3% during the October 6 to 12 period over the previous week, mainly due to holidays in China, Taiwan and S. Korea. On the pricing side, a noticeable change was that China air cargo spot rates to the US fell for a second week by 7%.
The Americas LNG Summit & Exhibition returns to Lake Charles, US, on October 19-21, 2025, bringing together energy leaders to explore the importance of LNG for economic growth, energy security and the global energy transition.
US Energy Information Administration (EIA) estimates crude oil inventories in China increased by about 900,000 barrels per day (b/d) between January and August this year, essentially acting as a source of demand by removing barrels from the global markets.
Caracas and Washington have reached a deal to export up to $2 billion worth of Venezuelan crude to the US, US President Donald Trump said, a flagship negotiation that would divert supplies from China while helping Venezuela avoid deeper oil production cuts.
The US State Department has approved the potential sale of Patriot interceptor missiles and related equipment to the Kingdom of Saudi Arabia for an estimated cost of $9 billion, said a report. The principal contractor for the sale of the missiles will be Lockheed Martin Corporation.
US President Donald Trump has signalled a possible opening for talks with Iran even as Washington significantly bolsters its military presence in the Middle East, keeping pressure on Tehran amid escalating tensions over Iran’s nuclear programme and internal unrest.
Iran’s leadership lashed out Friday after US President Donald Trump threatened intervention amid deadly protests, with Iranian officials warning that American troops in the region could be targeted if Washington interferes, said media reports.
Multiple explosions were heard across Venezuela’s capital early Saturday, with plumes of smoke rising over parts of the city and power outages reported in several neighbourhoods, according to local residents and international media.
Saudi Arabia will not allow its airspace or territory to be used for military actions against Iran, His Royal Highness Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince and Prime Minister, told Iranian President Masoud Pezeshkian in a phone call on Tuesday, state news agency SPA reported.
