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May 1, 2024
PG&E Nears Deal With KKR for Stake in Power Business Spinoff The California utility is seeking regulatory approval to sell KKR part of a new company that would house most of its power...
May 1, 2024
Oil Extends Losses on U.S. Inflation Concerns Oil prices were down more than 1% in Europe after the latest U.S. economic data further dented hopes the Federal Reserve could start cutting...
April 30, 2024
OMV Profit Tops Hopes, Keeps Outlook OMV reported first-quarter profits ahead of forecasts despite revenue falling on lower gas prices, and backed its full-year production guidance. Oil...
April 30, 2024
Oil Falls on U.S. Inflation Concerns Oil prices traded lower in Europe after the latest U.S. data reinforced prospects of higher-for-longer interest rates, but signs of a tightening physical...
April 30, 2024
Oil Broadly Stable Amid Gaza Ceasefire Talks Oil was broadly stable as fresh talks over a Gaza ceasefire reduced the risk premium for crude, and a tight market limited the price downside. A...
April 30, 2024
Oil prices on track for back-to-back losses as Israel-Hamas cease-fire talks continue Oil futures headed lower for a second straight session Tuesday, as cease-fire talks between Israel and...
April 30, 2024
Oil prices tally back-to-back losses as Israel-Hamas cease-fire talks continue Oil futures end lower for a second straight session Tuesday, as cease-fire talks between Israel and Hamas dampened...
April 29, 2024
Oil Falls on U.S. Inflation Concerns Oil prices traded lower in Europe after the latest U.S. data reinforced prospects of higher-for-longer interest rates, but signs of a tightening physical...
April 29, 2024
In Americas Biggest Oil Field, the Ground Is Swelling and Buckling Land has subsided by as much as 11 inches since 2015 in a prime portion of the Permian Basin, as drillers extract huge...
April 29, 2024
In Americas Biggest Oil Field, the Ground Is Swelling and Buckling Land has subsided by as much as 11 inches since 2015 in a prime portion of the Permian Basin, as drillers extract huge...