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WTI

Delayed  -  04:01 2022-09-27 am EDT
77.79 USD   +1.45%
04:15aStrike action halts product transport from three French TotalEnergies refineries - union
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04:06aEgypt's import squeeze hobbles economy as dollars run short
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03:59aOil Driller Abraj Energy Names Advisers for $500 Million IPO in Oman
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News Highlights: Top Energy News of the Day

07/29/2022 | 12:16am EDT
Senate Climate Bill Is a Boon for Fossil Fuels 
 

The $369 billion measure has tax incentives to spur clean energy, but also guarantees for oil and gas drilling in what Sen. Joe Manchin calls an "all-in energy policy."

 
Brent oil scores back-to-back gains, while U.S. benchmark ends lower on recession worries 
 

Oil futures settled on a mixed note Thursday, with global benchmark Brent crude prices notching a modest gain, but U.S. benchmark West Texas Intermediate crude giving up early gains to finish lower as U.S. economic data raised worries about a recession.

 
Saudi Crown Prince Visits Paris, With Oil on the Agenda 
 

French President Emmanuel Macron has led moves to bring the Saudi leader back into the fold after the killing of Jamal Khashoggi.

 
Oil Refiners Won't Crack in a Recession 
 

Oil refiners are pulling in record profits today, but recession fears are muddying their outlook.

 
Natural Gas Ends Lower Despite Bullish EIA Report 
 

Natural gas prices in the U.S. dropped 4.9% to finish at $8.134/mmBtu even after the release of a seemingly price-supportive weekly report on U.S. gas inventories.

 
Oil Giant Shell Isn't Letting the Cash Go to Its Head 
 

The European supermajor is keeping its capital discipline even in the face of record earnings and sky-high prices.

 
Europe's Heat Waves Force Shift Back to Coal and Natural Gas 
 

High temperatures and low rainfall in Europe are boosting demand for power but they also make it more difficult to generate, just as the continent tries to cut back its dependence on Russian natural-gas supplies.

 
Energy & Utilities Roundup: Market Talk 
 

Find insight on Southern Co, the latest on natural gas prices, and more, in the latest Market Talks covering Energy and Utilities

 
Manchin Reaches Deal With Schumer on Energy, Healthcare, Tax Package 
 

The announcement comes after the West Virginia senator blocked earlier legislation over inflation fears.

 
U.S. Oil and Fuel Inventories Fall Sharply 
 

Oil supplies fell by 4.5 million barrels, to 422.1 million barrels, about 6% below the five-year average, the EIA said. Analysts surveyed by The Wall Street Journal predicted crude stockpiles would fall by 700,000 barrels from the prior week.


(END) Dow Jones Newswires

07-29-22 0015ET

Stocks mentioned in the article
ChangeLast1st jan.
LONDON BRENT OIL 1.23% 85.22 Delayed Quote.11.32%
S&P GSCI BRENT CRUDE INDEX 1.27% 714.3838 Real-time Quote.9.32%
S&P GSCI NATURAL GAS INDEX 2.20% 335.612 Real-time Quote.87.45%
SOUTHERN COMPANY -2.45% 73.15 Delayed Quote.9.35%
WTI 1.29% 77.823 Delayed Quote.5.54%
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