Oil Wavers as Market Braces for Laura

Oil markets remained quiet, with Brent crude oil up 0.2% and WTI futures were flat. Prices in the U.S. retained their support, with Hurricane Laura having forced the closure of more than 80% of production in the Gulf of Mexico. 


 
Oil Market's Wild Swings Subdued by Options Trading

As Laura and Marco barreled toward Louisiana and Texas, companies closed more than four-fifths of offshore oil production in the Gulf of Mexico-but crude prices barely budged. 


 
Analysts Expect 46 Billion Cubic-Foot Injection in Natural Gas Storage

U.S. government natural-gas data due Thursday are expected to show inventories rose last week by 46 billion cubic feet -- a slightly smaller amount than normal as persistent summer heat kept demand strong from electricity plants that use the commodity to generate power. 


 
Hurricane Laura Slams Into Gulf Coast, Weakens to Category 2 Storm

Hurricane Laura weakened to a Category 2 storm hours after barreling ashore near the Texas-Louisiana border, but continued to threaten what forecasters described as lethal flooding and widespread wind damage. 


 
U.S.'s Fuel-Making Corridor Prepares for Hurricane Laura

Refineries, petrochemical facilities and ports along the Gulf Coast were closing as the hurricane strengthened to a Category 4 storm with 140-mile-an-hour winds barreling toward the Texas-Louisiana border. 


 
Why Hurricanes Can Take Gasoline Prices for a Wild Ride

Investors are keeping a close eye on energy markets as Hurricane Laura moves toward the Texas-Louisiana border. Here's what you need to know about how hurricanes and tropical storms can affect gasoline prices. 


 
U.S. Oil Inventories Fall for Fifth Consecutive Week

Crude-oil stockpiles declined by a greater-than-expected 4.7 million barrels, marking the fifth straight week of declines, government data showed, while gasoline stockpiles also fell by a greater-than-expected 4.6 million barrels. 


 
Exxon's Departure From Dow Highlights Market's Retreat From Energy Bets

The blue-chip index will include only one energy stock, Chevron, which will represent just 2.1% of the price-weighted index. 


 
Valaris Wins OK to Protect $5 Billion in Potential Tax Breaks

The offshore drilling contractor, which recently filed for bankruptcy, received court permission to restrict the trading of its stock to protect more than $5 billion in possible tax breaks. 


 
Carlyle Buys Eight Solar Projects in Maine

Carlyle Group has acquired eight solar projects in Maine as the asset manager seeks to capitalize on New England's expanding renewable-energy market.