Oil futures settle higher after touching their lowest prices in 3 weeks
Oil futures settled higher Tuesday, as both WTI and Brent contracts shook off early steeper losses. A tight supply report softened China-linked demand jitters.
The U.S.'s Struggle to Wean Itself From Chinese Solar Power
To compete in a business dominated by its geopolitical rival, the U.S. needs to build a supply chain nearly from scratch. "How do we as the West manage to re-shore entire industries?"
Heating New England's Homes Will Be Expensive This Winter
An oil-and-gas crunch exacerbated by the war in Ukraine is pressuring supplies for heating oil.
United Airlines to Invest in Biofuel Refinery in Sustainable Fuels Push
United Airlines Holdings said it is investing in NEXT Renewable Fuels, a startup that plans a biofuel refinery in Oregon.
Russian Oil Exports Hold Up Despite Impending EU Ban
Moscow will struggle to redirect shipments elsewhere, threatening to further tighten global energy markets, the International Energy Agency said.
U.S. Crude-Oil Stockpiles Likely Declined in DOE Data, Analysts Say
Government data are expected to show that U.S. crude-oil inventories declined by 500,000 barrels in the latest week, while gasoline stockpiles increase by 200,000 barrels, according to a survey of analysts.
Energy & Utilities Roundup: Market Talk
Find insight on natural gas prices, investors rotating out of utilities, Saipem's new offshore drilling contracts, and more in the latest Market Talks covering the Energy and Utilities sector.
Germany Nationalizes Gazprom's German Business
Germany will spend more than $13.4 billion to shore up the business as it nationalizes the former Gazprom Germania.
Oil Market Faces 'Considerable Uncertainties,' OPEC Warns
The cartel warned that major unknowns such as Covid-19 cases in China and the impact of Western efforts to frustrate Russian oil exports clouded the outlook for energy markets.
The U.S. Electric System Asks Customers for Help Avoiding Blackouts
As the grid becomes more unstable, officials are compensating industrial and residential customers to curb usage during times of peak stress.
(END) Dow Jones Newswires
11-16-22 0015ET
