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Summary Fed governor sees ‘no rush’ to cut interest rates Gaza ceasefire talks underway in Paris US oil rig count up six in biggest weekly hike since November (Reuters) – Oil prices fell nearly 3% lower on Friday and posted a weekly decline after a U.S. central bank policymaker indicated interest rate cuts could be …
Oil Ends Lower, Posts Weekly Decline as U.S. Rate Cut Hopes Dim Read More »
Summary Fed governor sees ‘no rush’ to cut interest rates Gaza ceasefire talks underway in Paris US oil rig count up six in biggest weekly hike since November (Reuters) – Oil prices fell nearly 3% lower on Friday and posted a weekly decline after a U.S. central bank policymaker indicated interest rate cuts could be …
Oil Ends Lower, Posts Weekly Decline as U.S. Rate Cut Hopes Dim Read More »
Ford Motor Co. has halted shipments of its F-150 Lightning plug-in pickup for an undisclosed quality issue just weeks after cutting production of the battery-powered model due to slowing sales. The automaker said in a statement late Friday it stopped shipping the Lightning on Feb. 9 “to ensure quality.” It did not say when it expects to resume delivering the …
Ford Stops Shipping Electric F-150 Pickup Due to Quality Issue Read More »
Feb 23 (Reuters) – U.S. energy firms this week added the most oil rigs since November, and the most in a month since October 2022, energy services firm Baker Hughes BKR.O said in its closely followed report on Friday. The combined oil and gas rig count, an early indicator of future output, rose by five …
US drillers add oil and gas rigs for second time in three weeks – Baker Hughes Read More »
(The authors are Reuters Breakingviews columnists. The opinions expressed are their own.) By George Hay and Yawen Chen (Reuters Breakingviews) – U.S. and European oil giants sell the same product in the same global market. But they are on diverging paths. While American groups like Exxon Mobil and Chevron are buying up smaller drillers, their European rivals such …
Strategic Clarity Fuels U.S. Oil Giants’ M&A Spree Read More »
Dominion said it would sell stake as part of strategic review Offshore wind developers have faced setbacks due to inflation Photographer: Minh Connors/Bloomberg Gift this article In this Article DOMINION ENERGY 45.60USD –1.49% Have a confidential tip for our reporters? Get in Touch Before it’s here, it’s on the Bloomberg Terminal LEARN MORE By Josh Saul February 22, 2024 …
Dominion to Sell Wind Project Stake to Stonepeak for $3 Billion Read More »
Bloomberg News After spiraling downward for months, futures have steadied on weaker production prospects. After spiraling downward for months, the US natural gas market has finally found a floor. Prices for the fuel had their biggest single-day gain in more than 18 months Wednesday after one of the largest domestic producers, Chesapeake Energy Corp., said it was slashing its …
Natural Gas Prices Finally Find a Floor in the U.S. Read More »
(Reuters) – Oil prices were down on Friday and on track to end a two-week winning streak after the U.S. central bank indicated interest rate cuts could be delayed by at least two more months. Brent crude futures were down 94 cents, or 1.1%, at $83.73 a barrel at 1015 GMT on Friday, while U.S. …
Oil Set to End Two Week Winning Streak After Fed Says in No Rush to Cut U.S. Rates Read More »
Led by growing demand in China and the need for energy security, LNG is playing an increasingly important role in global gas supply By Deborah Jaremko A worker at Shell’s Hazira LNG import terminal, about 250 kilometers from Mumbai, India. Photo courtesy Shell Global energy giant Shell has released its latest outlook for world liquefied natural …
Nine Major Insights From Shell’s Latest Global LNG Outlook Read More »
Government should remove all preferences for EVs and allow them to compete and grow on a free market. By Alex Epstein Government should remove all preferences for electric vehicles and allow them to compete and grow on a free market. This will enable EVs to reach their full potential to provide affordable, no-tailpipe-emissions transport without …
COMMENTARY: The Case for EV Freedom – Alex Epstein Read More »
