Oil prices rise, remain buoyed by vaccine progress
Oil futures trade higher Monday, finding support as progress continues toward a COVID-19 vaccine.
Asia's Hydrogen Fuel Future May Be Coalescing
There is still a long way to go for hydrogen to justify the hype as the next big thing in transportation. But Asia may hold the key to any eventual success.
Energy & Utilities Roundup: Market Talk
The latest Market Talks covering Energy and Utilities
U.S. Oil-Rig Count Drops by 5 in Latest Week, Baker Hughes Says
The number of rigs drilling for oil in the U.S. declined by five in the latest week to 231, according to oil-field services firm Baker Hughes.
East-West Divide in Oil Prices Draws Crude to Asia
Prices for Middle Eastern oils have climbed to an unusual premium over the global benchmark Brent, stoked by demand from Asian refiners.
Oil Giant Aramco's Strong Stock Is a Mirage
The best-performing big oil stock this year is one roundly rejected by global investors: Saudi Aramco. Most of the credit belongs with its shareholders rather than its management.
GM Ups Bet on EVs as Investors Swoon for Electric Cars
The auto maker is raising its bet on electric cars by more than a third, as it hustles to convince a skeptical Wall Street that it too can be successful in the nascent market.
U.S. Crude-Oil Inventories Increase Less Than Expected
U.S. inventories of crude oil rose slightly less than expected as refinery activity sped up, according to weekly data released Wednesday by the Energy Information Administration.
PG&E Taps Michigan Utility Leader as Next CEO
Patti Poppe, who has led an ambitious effort to retire coal-fired power plants at CMS Energy, will take the helm at a challenging time for PG&E.
Aramco Raises $8 Billion Bond to Fund Dividend Pledge
The financial position of the world's largest oil producer has darkened as it contends with a fall in crude prices caused by the coronavirus pandemic.
(END) Dow Jones Newswires
11-23-20 1115ET
