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Power Prices Surge as Winter Storm Spikes Demand in US Data Center Alley

Conventional Energy, Electricity Grid, Energy Topics & Technology, Latest, Natural Gas, Tri-Pinned, US News / By

  Power prices in the largest U.S. grid rose sharply on Sunday as demand in a region with the world’s largest concentration of energy-hungry data centers surpassed forecasts during a deep freeze gripping half the country. Real-time wholesale electricity prices topped $1,800 per MWh early Sunday in Dominion Energy’s Virginia territory, up from $200 per …

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Oil Slips as Trump Tones Down Threats Against Greenland and Iran

Conventional Energy, Latest, Oil, Tri-Pinned, US News / By

Summary Trump steps back from tariff threats over Greenland IEA revises up forecasts for 2026 global oil demand growth US crude stocks up by 3.04 million barrels last week, API says (Reuters) – Oil prices slipped on Thursday, reversing the previous sessions’ gains, after U.S. President Donald Trump softened threats against Greenland and Iran, and as investors assessed the supply …

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Oil Prices steady as Ebbing Iranian Protests Lower Chance of US Attack

Latest, Oil, Tri-Pinned, US News / By

(Reuters) – Oil prices were little changed on Monday, after rising in the previous session, as Iran’s deadly crackdown on protests quelled the civil unrest in the country, reducing the chance of a U.S. attack on the major Middle Eastern producer that could disrupt supplies. Brent crude was trading at $64.18 a barrel by 0158 …

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Judge Says Dominion Energy Can Resume Wind Project U.S. Halted

Latest, Tri-Pinned, US News, Wind / By

The U.S. offshore wind industry has faced other difficulties, including soaring inflation and supply chain snarls Bloomberg News Dominion said in court papers that it is losing about US$5 million a day on vessel contracts alone because of the Dominion Energy Inc. can restart construction of a wind project off the coast of Virginia while it continues …

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Oil Prices Edge Higher as Supply Risks Remain in Focus

Conventional Energy, Latest, Oil, Tri-Pinned, US News / By

Summary Benchmark prices hit multi-month highs this week Significant price volatility remains likely, say BMI analysts Underlying balance still points to ample supply, says Phillip Nova analyst (Reuters) – Oil prices rose slightly on Friday as supply risks remained in focus despite the receding likelihood of a U.S. military strike against Iran. Brent crude gained …

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Oil Climbs on Concerns Over Potential Supply Disruption in Iran Amid Threats

Conventional Energy, Latest, Oil, Tri-Pinned, US News / By

Summary Iran protests raise supply disruption fears, geopolitical risks Venezuela resumes oil exports amid US embargo reversal US crude stocks rise, API says, indicating looser supply-demand balance LONDON, Jan 14 (Reuters) – Oil prices rose on Wednesday for a ​fifth straight session on fears of Iranian supply disruptions due to a potential U.S. attack ‌on …

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Oil Gains as Market Assesses Protests in Iran, Dealmaking for Venezuela

Conventional Energy, Latest, Oil, Tri-Pinned, US News / By

Summary US aims to control Venezuela’s oil sector after Maduro’s capture Iran unrest and Russia-Ukraine war raise oil supply concerns Global inventories rise, oversupply may limit oil price gains (Reuters) – Oil prices rose on Friday on concerns about potential disruption to Iran’s output and uncertainty about supply from Venezuela. Brent futures were up 59 …

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Oil Rises as Market Focuses on Venezuela and US Sanctions Plans

Conventional Energy, Latest, Oil, Tri-Pinned, US News / By

Summary Brent and WTI benchmarks firm US crude stocks fell last week while fuel stocks rose, says EIA Two Venezuela-linked oil tankers seized by US in Atlantic Ocean (Reuters) – Oil prices rose on Thursday after two days of declines as investors assessed Venezuela developments and reports on progress of proposed U.S. sanctions legislation against …

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Oil Prices Edge Slightly Higher on Supply Outlook, Venezuelan Output Uncertainty

Conventional Energy, Latest, Oil, Tri-Pinned, US News / By

Summary US to meet oil executives to discuss Venezuelan production boost Analysts predict sufficient supply by 2026 despite uncertainties Reliance Industries halts Russian crude deliveries for January (Reuters) – Oil prices edged slightly higher on Tuesday as the market weighed expectations of ample global supply this year against uncertainty around Venezuelan crude output following the …

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Oil Prices Steady as Russia-Ukraine Peace Hopes Fade, Yemen Tensions Rise

Conventional Energy, Latest, Oil, Tri-Pinned, US News / By

(Reuters) – Oil prices were little changed on Tuesday as investors took stock of dented hopes of a Russia-Ukraine peace deal and rising geopolitical tensions in the Middle East around Yemen. Brent crude futures for February delivery , which expire on Tuesday, were up 32 cents, or 0.52%, at $62.26 a barrel as of 1206 …

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