U.S. oil prices end lower, Brent little changed as traders await OPEC+ decision

Oil futures make modest moves on Tuesday, with the U.S. benchmark ending lower and the global benchmark little changed as traders await a meeting of OPEC+ members later this week amid rising pressure to boost output more than planned. 


 
BP, Buoyed by Resurgent Oil Price, to Boost Investor Returns

The energy giant benefited from resurgent oil prices in the third quarter and said it would buy back more shares, though its profit was wiped out by an accounting issue. 


 
China Binges on U.S. Gas to Manage Energy Shortage, Carbon Footprint

Record U.S. liquefied natural gas exports to China today are in contrast to just a couple of years ago, after the country imposed tariffs on U.S. LNG during the trade war. 


 
World Leaders Vow to Cut Methane Emissions

The U.S. unveiled plans to tighten rules on oil-and-gas producers over the potent greenhouse gas, with more than 100 countries pledging to curb emissions of the chemical by 30% globally by 2030. 


 
Energy & Utilities Roundup: Market Talk

The latest Market Talks covering Energy and Utilities 


 
Bond Investors Embrace Fossil Fuels During Sustainability Push

Yields on speculative-grade energy company debt are near record lows, fueling a surge in issuance by players in the sector. 


 
Saudi Aramco Profit Surges on Higher Oil Prices, Volumes

Saudi Aramco said Sunday that profit soared in the third quarter on the back of higher crude oil prices and volumes as energy demand globally rebounds. 


 
Investors' Inflation Fears Fuel Oil Rally

An oil rally that is showing no signs of slowing down is now exerting a pull on traditional money managers who run portfolios of stocks and bonds, creating a self-fulfilling prophecy in the process. 


 
Shell Is the Greenest Big Oil Company. Look What That Got It.

An activist proposal to split into "green" Shell and "brown" Shell shows the pitfalls of environmental, social and governance investing. 


 
AusNet Agrees to A$10.2 Billion Takeover by Brookfield-Led Consortium

Australian power distributor AusNet Services said it has agreed to an improved takeover offer from a consortium led by Brookfield Asset Management that it deems to be superior to a rival proposal from APA Group.

(END) Dow Jones Newswires

11-03-21 0015ET