Oil Prices Finish Lower as Bolton's Departure May Ease Iran Conflict
Oil futures ended lower Tuesday, as traders bet that the departure of U.S. National Security Adviser John Bolton will ease tensions with Iran, potentially leading to the lifting of sanctions, which could put more oil on the market.
U.S. Crude-Oil Stockpiles Likely to Fall in DOE Data, Analysts Say
U.S. crude-oil stocks are expected to decline by 2.4 million barrels while gasoline stockpiles are expected to decline by 900,000 barrels in data due Wednesday from the Energy Department, according to a survey.
Tapping Into Aramco's IPO
Many investors outside of Saudi Arabia are unfamiliar with the market and its rules. Here's how foreign investors might gain exposure to Aramco shares.
A Giant Bet Against Natural Gas Is Blowing Up
Hedge funds and other money managers in August built up a big bet that natural gas prices would decline-their most bearish position in the futures market in over a decade-only to have prices shoot up 25%.
American Electric Power Boosts Carbon Dioxide Reduction Target
American Electric Power said it aims to cut carbon dioxide emissions by 70% from the 2,000 parts per million level by 2030, a step up from its previous target of a 60% reduction.
EdF Flags Faults In Nuclear Part Manufacturing
EdF shares lost almost 8% in early European action, after the French utility said its majority-owned nuclear reactor construction firm Framatome had found anomalies in its part manufacturing.
Energy & Utilities Roundup: Market Talk
The latest Market Talks covering Energy and Utilities
FEMA Official, Contractor Executive Charged Over Puerto Rico Grid Repairs
Federal prosecutors indicted a Federal Emergency Management Agency official and the former president of a Puerto Rico utility contractor, charging them with corruption in connection with repairs to the U.S. territory's hurricane-ravaged electric grid.
New Saudi Oil Minister Vows to Maintain Crude Output Cuts
Saudi Arabia isn't planning to change its oil production policy, the country's newly appointed energy minister said. But the abrupt leadership change from OPEC's kingpin could complicate the cartel's response to a global crude glut.
Judge Asks Emerge Energy to Bolster Disclosure Statement
Bankrupt fracking-sand supplier Emerge Energy Services was asked by a judge to flesh out the blueprint of its chapter 11 plan, a key step in the Texas company's effort to free itself from what it says are burdensome contracts and leases.