News Highlights: Top Energy News of the Day - Thursday at 4 AM ET

Oil Stocks Are the Perfect Antidote to Nvidia and the Rest of Big Tech 
 

The energy sector tends to zig when Apple and its brethren zag, making it an ideal hedge for weakness in IT.

 
Oil prices end higher on hopes for a demand rebound 
 

Oil futures ended Wednesday with a modest gain, with hopes for a rebound in demand during the summer driving season providing support - even as official U.S. data revealed weekly gains in crude and gasoline supplies, and a decline in gasoline consumption.

 
On Day of Fatal BP Refinery Blast, 3,712 Safety Alarms and One Unsent Email 
 

The company played down worker concerns, missing multiple opportunities to prevent a September 2022 explosion that killed two brothers, government investigators found.

 
Biden Wants to Be Tough With Russia and Iran-but Wants Low Gas Prices Too 
 

Softer-than-expected sanctions on major oil producers frustrate some Treasury Department staffers.

 
Energy & Utilities Roundup: Market Talk 
 

Gain insight on crude prices, Drax, B.Grimm Power, and more in the latest Market Talks covering Energy and Utilities.

 
Global oil prices fall to a more than 1-week low, a day after settling near a 2-month high 
 

Oil futures declined on Tuesday, with prices for the global benchmark ending at their lowest in more than week - after ending the previous session at a nearly two-month high.

 
Forget Shale: Canada's Oil Sands Are Having Their Moment 
 

The American oil patch's poor northern neighbor offers investors stellar returns.

 
Brookfield to Buy France's Neoen in $6.5 Billion Deal 
 

With the deal, Brookfield aims to bolster exposure to renewables and battery-storage technology and to accelerate Neoen's portfolio expansion.

 
EU Hits Russia With First Sanctions on LNG Shipments 
 

The European Union slapped a raft of new sanctions on Russia over its full-scale invasion of Ukraine, targeting the Kremlin's liquefied natural gas shipments for the first time.

 
Paladin Energy Agrees to Buy Fission Uranium 
 

Australian uranium company Paladin Energy has agreed to buy Canada's Fission Uranium, aiming to create a globally significant supplier of the nuclear fuel.

(END) Dow Jones Newswires

June 27, 2024 04:15 ET (08:15 GMT)

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