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

Oil drops to more than 2-year lows as China demand worries outweigh storm's threat to supplies 
 

Oil futures settled Tuesday at their lowest levels in more than two years, with concerns about demand from China back in focus after another round of lackluster economic data.

 
OPEC Trims Oil Demand Outlook Further Amid Price Slump 
 

OPEC slightly cut its forecast for oil-demand growth after delaying its planned output hikes last week in a bid to support sinking prices.

 
First Reserve Pivots From Big Energy to Embrace Midsize Infrastructure Businesses 
 

Private-equity firm First Reserve has shifted from large bets in the oil patch to backing midsize providers of specialized services and engineered products to infrastructure operators-and it says a string of profitable exits shows the strategy is working.

 
Energy & Utilities Roundup: Market Talk 
 

Find insight on Pembina Gas Infrastructure, RWE, Orsted and more in the latest Market Talks covering Energy and Utilities.

 
OPEC+ delaying its oil-output increase won't solve 'pervasive' worries over weak demand 
 

The Organization of the Petroleum Exporting Countries and its allies on Thursday decided to postpone an increase in crude-oil production. But supplies aren't the only problem for oil.

 
U.S. Crude Oil Stockpiles Fall More Than Expected 
 

U.S. crude oil inventories fell more than expected last week amid a decline in imports, while production and refinery capacity use held steady, according to EIA data.

 
Chevron Wants the Oil to Keep Flowing in Venezuela After Disputed Election 
 

Behind the scenes, Chevron's message to the White House is that the oil giant needs to stay in Venezuela, even if Nicolás Maduro remains.

 
OPEC+ Members Consider Delaying Production Increase, Delegates Say 
 

OPEC+ members are debating delaying a production increase that was supposed to start next month amid concerns over weak oil prices, delegates in the producers' alliance said.

 
Residential Solar Panel Seller Lumio Files for Bankruptcy 
 

Primary senior secured lender White Oak has offered to buy the business using roughly $100 million of the debt it is owed.

 
Harbour Energy Raises Production Outlook After $11.2 Billion Wintershall Acquisition 
 

The U.K. oil-and-gas producer said that it now targets an output of between 250,000 and 265,000 daily barrels of oil-equivalent for the year, including the acquired assets.

(END) Dow Jones Newswires

September 11, 2024 04:15 ET (08:15 GMT)

Copyright (c) 2024 Dow Jones & Company, Inc.