Oil prices end lower; natural-gas futures climb nearly 10%
Oil futures end lower Thursday, losing around half what they gained a day earlier, while natural-gas futures rallied by nearly 10% as traders fretted over supply prospects.
Natural Gas Rises to 2-Month High
Natural gas prices jumped, closing Thursday at a 2-month high on storage data.
As Oil Giants Retreat Globally, Smaller Players Rush In
Energy companies such as BP, TotalEnergies and Chevron are shifting to cleaner projects, creating an opening for independent and private companies to buy up their operations or push ahead with exploration.
'Fast-Tracked' Power Project Gets Approval 17 Years Later
Some in Washington say the SunZia project in the Southwest shows why the country's permitting process should be overhauled.
Energy & Utilities Roundup: Market Talk
Find insights on ethanol export data, Indian Oil, Karoon Energy, and more featured in the latest Market Talks covering Energy and Utilities.
U.S. Crude-Oil Stockpiles Rise Sharply for 2nd Straight Week
Government data showed that crude-oil stockpiles unexpectedly jumped by 5 million barrels last week to 467.6 million barrels, compared with analysts' expectations of a decline of 800,000 barrels.
California's Green Fuel Program Gets Too Popular for Its Own Good
A renewable-diesel boom is helping the state beat greenhouse-gas-reduction goals but is stifling other green-fuel investments.
Brazil's Petrobras to End Market-Friendly Fuel Pricing
Leftist President Luiz Inácio Lula da Silva has called for more control of gasoline and diesel prices, which analysts see as a possible return to costly fuel subsidies.
Overhauling Energy Permitting Is a Heavy Lift in Debt-Ceiling Talks
Some lawmakers say they would rather discuss environmental reviews separately.
Baker Hughes CFO Aims to Boost Dividends, Be More Judicious With Buybacks
Six months into the role, Nancy Buese is leading a pivot in how the oil-field services company returns cash to shareholders.
(END) Dow Jones Newswires
05-19-23 0015ET
