Oil prices hover near 9-week lows as traders await CPI data
Oil futures edged lower Wednesday after ending the previous session at nine-week lows, with traders awaiting a key U.S. inflation reading and official storage data.
AI Is Electrifying These Power Producers' Shares
The outlook for higher electricity demand is lifting share prices to new heights at Vistra, NRG and Constellation Energy.
IEA Lowers 2024 Oil-Demand Growth Forecast on Slow Start of the Year
The International Energy Agency cut its forecast for oil-demand growth this year as subdued industrial activity and mild winter temperatures reduced gasoil consumption across some of the world's largest economies, particularly in Europe.
E.ON Backs Guidance After Swing Back to Profit
E.ON reiterated its full-year views and confirmed its planned investments for the year after it reported a profit in the first quarter, driven by investment-led growth.
Energy & Utilities Roundup: Market Talk
The latest Market Talks covering Energy and Utilities.
OPEC Sticks to Oil-Demand View
OPEC left its estimates for global oil-demand growth unchanged for this year and next, while reporting a fall in crude output as the market awaits the cartel's next production policy move at its upcoming meeting in June.
Plug Power's stock jumps as much as 70% after long-awaited funding announcement
Plug Power delivered a long-awaited funding announcement on Tuesday morning that looked set to fuel a major stock gain.
Washington Tries to Break Power Grid Logjams
New rules aim to boost renewables and meet surging electricity demand.
What's So Bad About Fixing Oil Prices?
A U.S. oil CEO's alleged collusion with OPEC isn't as alarming or evil as it seems.
BP Co-Leads $111 Million Funding Round by Australian Green-Hydrogen Electrolyzer Company
SYDNEY-British oil giant BP PLC co-led a $111 million capital raise by an Australia-based technology company developing highly efficient electrolyzers to produce lower-cost green hydrogen.
(END) Dow Jones Newswires
05-15-24 1115ET
