Oil prices end with weekly loss as traders weigh risk of Iran attack on Israel 

Crude futures finish higher on Friday, but posted a loss for the week. The risk of an Iranian attack on Israel led prices for U.S. and global benchmark oil to touch their highest intraday levels in about six months during the trading session.

Energy-Guzzling AI Is Also the Future of Energy Savings 

Data centers need more power because of artificial intelligence, but other buildings can use the technology to conserve.

Putin Told IAEA Russia Plans to Restart Zaporizhzhia Nuclear Plant 

The Ukrainian plant is currently under Russian occupation. It is perched on a front line, artillery passing overhead, and encircled by Russian land mines.

IEA Expects Global Oil-Demand Growth to Slow Further in 2025 

The International Energy Agency cut its forecast for oil-demand growth this year and said the pace of expansion is set to further decelerate in 2025 as the post-pandemic rebound runs its course and the electric-vehicle rollout weighs on consumption.

Plastic Is Everywhere. Now Big Oil Companies Are Creating Even More. 

With gasoline's days numbered, oil companies are sending huge amounts of their production to chemical plants for plastic. What it means for companies and the environment.

Energy & Utilities Roundup: Market Talk 

Find insights on Origin Energy, Iran, and more in the latest Market Talks covering the Energy and Utilities sector.

Elon Musk Bromance With Argentine President Leads to First Meeting 

After months of endorsing each other on X, Musk and Javier Milei look to build ties on lithium resources and the installation of Starlink in Argentina.

OPEC Sticks to Oil Demand View, Cuts Non-OPEC Supply Growth Forecast 

The Organization of the Petroleum Exporting Countries left its estimates for global oil-demand growth unchanged, but lowered its forecast for non-OPEC supply growth for this year and next.

Energy Inflation Is Back. How Much Should the Fed Care?

The Federal Reserve tries to look past volatile energy prices when analyzing inflation and setting interest rates. But the oil market these days is getting harder to ignore.

U.S. Crude Oil Supplies Rise More Than Expected, Refinery Use Eases 

Weekly crude-oil inventories rose by 5.8 million barrels to 457.3 million barrels, compared with analysts' expectations of an added 800,000 barrels.

(END) Dow Jones Newswires

04-12-24 1615ET