WTI

Delayed  -  02:28 2022-07-05 pm EDT
99.51 USD   -9.80%
01:41pSECTOR UPDATE : Energy Stocks Sinking as WTI Crude Oil Falls Below $100 Per Barrel
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01:39pEquities, Crude Oil Slumps Midday on Mounting Concerns of Slowing Economy
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01:30pExxon Mobil, Chevron, Marathon Shares Decline on Lower Crude Oil Prices
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News Highlights: Top Energy News of the Day

05/25/2022 | 12:16am EDT
U.S. oil ends slightly lower with Biden administration seen still weighing export ban 
 

Oil ends slightly lower Tuesday after U.S. Energy Secretary Jennifer Granholm was reported saying the Biden administration hasn't ruled out a ban on petroleum exports.

 
Glencore Reaches Settlements With U.S., U.K., Brazil on Bribery, Market Manipulation 
 

The Anglo-Swiss commodities company says it will pay at least $1.2 billion and two of its business units will plead guilty.

 
Timeline for EU Oil Embargo on Russia Appears Further Set Back 
 

Hungarian Prime Minister Viktor Orban, the main hurdle to a deal, announced a state of emergency at home over the Ukraine war.

 
Atlantic Hurricane Season to Show 'Above Normal' Activity 
 

Federal scientists forecast up to 10 hurricanes and as many as 21 named storms in what would be the seventh consecutive above-normal year on record.

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

Government data are expected to show that U.S. crude-oil inventories declined by 600,000 barrels in the latest week, while gasoline stockpiles fell by 1.2 million barrels, according to a survey of analysts.

 
Efforts to Expand Global Carbon Pricing Run Into Economic Headwinds 
 

The share of global emissions covered by carbon prices has inched up, but inflation could crimp governments' appetite for more stringent measures, World Bank warns.

 
Biden Exploring Release of Diesel Fuel Reserves Amid High Prices 
 

The White House says it is ready to act quickly if needed to address supply outages on the East Coast.

 
Energy & Utilities Roundup: Market Talk 
 

The latest Market Talks covering Energy and Utilities

 
Siemens Energy Launches Bid for Gamesa 
 

Siemens Energy has made an offer to buy all the outstanding shares in its Gamesa wind turbine unit for EUR4 billion.

 
Shale Drillers Are Pumping Out Dividends Instead of More Oil and Gas 
 

Compensation plans that once paid executives to boost output now encourage cost cuts and shareholder returns, despite the jump in energy prices.


(END) Dow Jones Newswires

05-25-22 0015ET

Stocks mentioned in the article
ChangeLast1st jan.
EURO / BRAZILIAN REAL (EUR/BRL) -0.21% 5.5352 Delayed Quote.-12.40%
GLENCORE PLC -7.99% 400 Delayed Quote.16.30%
LONDON BRENT OIL -9.74% 102.82 Delayed Quote.46.07%
S&P GSCI CRUDE OIL INDEX -8.21% 545.4892 Real-time Quote.44.17%
SIEMENS AG -3.68% 93.74 Delayed Quote.-36.26%
SIEMENS ENERGY AG -5.14% 13.37 Delayed Quote.-37.33%
SIEMENS GAMESA RENEWABLE ENERGY, S.A. -0.11% 17.83 Delayed Quote.-15.28%
US DOLLAR / RUSSIAN ROUBLE (USD/RUB) 12.44% 63.25 Delayed Quote.-28.01%
WTI -10.21% 99.496 Delayed Quote.43.54%
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