Oil prices suffer steepest monthly decline since March 2020

Oil futures fall sharply Tuesday, marking their worst monthly decline since the official start of the pandemic in the first quarter of last year. 


 
Glencore Faces Call From Activist to Sell Coal Assets

The commodities giant is the last of the world's large miners to retain a presence in thermal coal, a currently lucrative business but one seen by some as harmful to the environment. 


 
Iran's Nuclear Enrichment Could Imperil Talks, Diplomats Say

Senior European diplomats warned that if Iran were to produce weapons-grade enriched uranium, negotiations to revive nuclear talks would be seriously imperiled. 


 
Oil Companies Got Their Hedges Clipped

After a year of riding high oil prices, many producers are taking off hedges for 2022. That might seem like a good idea today, but producers don't have a great record of predicting where oil prices will go. 


 
Gas Prices Pressure Drivers' Finances

Many Americans are paying higher prices at the pump this holiday driving season, putting strain on their budgets. Gasoline prices have climbed about 50% in a year, and this year's rise is on pace to be the largest percentage increase in at least a decade. 


 
U.S. Crude-Oil Stockpiles Likely Decreased in DOE Data, Analysts Say

U.S. crude-oil stockpiles are expected to decline from the previous week in data due Wednesday from the U.S. Energy Department, according to a survey of analysts and traders by The Wall Street Journal. 


 
America's Power Plants Are Low on Coal

Coal piles at power plants have dwindled to their lowest point since the 1970s, and the race to build up inventories ahead of heating season has sent domestic thermal coal prices to their highest levels in more than a decade. 


 
Schneider Electric Sets Out Medium-Term Forecasts

Schneider Electric outlined new financial targets for the 2022-24 period that included 5-8% organic revenue growth on average and yearly organic improvement of 30-70 basis points to its adjusted earnings. 


 
Energy & Utilities Roundup: Market Talk

The latest Market Talks covering Energy and Utilities 


 
Turkey's Lira Crisis Exposes Reliance on Imported Energy

The crisis has exposed a key weakness in Turkey's economy: a near total dependence on imported energy to keep households warm and factories humming.

(END) Dow Jones Newswires

12-01-21 0015ET