Oil settles higher on China demand bets, next month's EU ban on Russian refined products
Oil futures finish higher Thursday, even after U.S. government data show a more than 8 million-barrel weekly rise in U.S. crude inventories.
U.S. Oil Inventories Rise on Muted Refinery Activity
U.S. commercial inventories of crude oil increased by 8.4 million barrels last week, exceeding expectations of a drop, as refinery activity remained subdued.
Natural-Gas Ends at Another 19-Month Low
Natural-gas prices fell to a 19-month-low for the third time in the past four trading sessions, ending 1.1% lower.
Liquefied Natural Gas Will Have a Less Frenzied 2023
China's reopening makes a further slide in LNG prices unlikely, but it won't necessarily supercharge prices again either.
What Does the Future Hold for Natural Gas?
Its reputation as being reliable and abundant has taken a hit from Europe's energy crisis, and concerns about its environmental impact are growing.
Energy & Utilities Roundup: Market Talk
Find insight on Harbour Energy, gasoline futures, natural-gas prices and more in the latest Market Talks covering Energy and Utilities.
Banks Fund Fossil Fuel Industry Despite Net Zero Pledges: Report
The report from Reclaim Finance doesn't identify how much of the funding is being used for new fossil-fuel projects and how much is for existing ones, or renewable energy projects increasingly being embraced by energy giants.
Kinder Morgan 4Q Profit Rises
Kinder Morgan reported net income of $670 million compared with $637 million a year ago.
Santos Cuts 2023 Production Guidance on John Brookes Setback
Santos Ltd. lowered its guidance for oil and natural gas production this year as it works to restart the John Brookes platform in Western Australia following an earlier gas leak.
AGL Appoints Nicks as CEO as Australia's Largest Polluter Aims to Decarbonize
AGL Energy appointed Damien Nicks as managing director and chief executive.
(END) Dow Jones Newswires
01-20-23 0015ET
