Oil shakes off China COVID worries to end higher; natural gas extends slide

Oil futures end a choppy session with gains as traders track surging COVID-19 cases in China 


 
U.S. Crude-Oil Inventories Seen Down in Week

Government data are expected to show that U.S. oil inventories fell by 300,000 barrels in the latest week while gasoline stockpiles are expected to increase by 1.3 million barrels, according to a survey of analysts. 


 
Energy & Utilities Roundup: Market Talk

Find insight on Oneok, Natural gas prices, global demand for oil and more in the latest Market Talks covering Energy and Utilities. 


 
Italy Found a Fix for Its Gas Crisis, but Locals Are Resisting

A town in Tuscany is fighting against an LNG terminal that Italy says is urgently needed as part of Europe's efforts to replace Russian energy. 


 
European Firms Increase Their Bets in U.S. Renewable Energy

Expansion and government incentives are attracting greater volumes of capital to the U.S. renewable energy market. 


 
European Energy Ministers Agree to Natural-Gas Price Cap

Russia's invasion of Ukraine has sent prices for the fuel soaring across the continent, spurring the emergency measure. 


 
U.S. Scores $4 Billion Windfall on Oil-Reserve Sales

Washington emerges as an unlikely winner after releases from Strategic Petroleum Reserve. 


 
Analysis: Oil Expected to Rally in 2023 But Uncertainties Persist

Oil has spent most of 2022 defying forecasts and in recent weeks have done so again after dropping below $80 a barrel when many expected them to rally. Still, that hasn't dented many analysts' forecasts that 2023 will be the year that sees oil back at $100. 


 
Honeywell to Pay $203 Million in Settlements Over Bribery

The company agreed to pay nearly $203 million to resolve investigations in the U.S. and Brazil into bribes paid to public officials in Algeria and at Brazil's state-owned oil company. 


 
Qatar Warns Brussels Bribery Allegations Could Hurt Energy Talks With Europe

The Persian Gulf kingdom is one of Europe's best hopes for weaning itself off Russian natural gas.


(END) Dow Jones Newswires

12-21-22 0015ET