News Highlights: Top Energy News of the Day - Thursday at 4 PM ET
Oil prices rise after Fed delivers big interest-rate cut
Oil futures ended higher Thursday, a day after the Federal Reserve delivered a large interest-rate cut and set the stage for further easing of monetary policy.
U.S. Natural Gas Futures Gain as Storage Surplus Shrinks
U.S. natural gas futures rose after a below-average injection into storage reduced the inventory surplus further.
Energy & Utilities Roundup: Market Talk
Find insight on TransAlta, Manila Electric and oil futures in the latest Market Talks covering Energy and Utilities.
U.S. Crude Oil Stockpiles Fall in Week Ended Sept. 13
Commercial crude oil stockpiles excluding the Strategic Petroleum Reserve fell by 1.6 million barrels to 417.5 million barrels in the week ended Sept. 13 and were about 4% below the five-year average for the time of year, the EIA said.
BP to Sell U.S. Onshore Wind Energy Business
The divestment is part of a wider strategy to simplify the business and increase the company's value as it transitions to an integrated energy company, BP said.
Renewables, and Good Luck, Prop Up Power Grid Through Extreme Heat
The grid has avoided rolling blackouts so far this summer. Regions that added renewables and batteries quickly have fared better than others.
Saipem Wins $4 Billion QatarEnergy Contract
Saipem shares rose sharply after it was awarded an engineering, procurement and construction contract from QatarEnergy LNG.
It's the Epicenter of U.S. Gas Exports, and a Hurricane Magnet
When Francine slammed southern Louisiana, it became the latest storm to hit near an area that has become the epicenter of U.S. LNG exports.
Why Washington and Big Oil Are Investing Billions in Ammonia
The latest bet is a $1.56 billion Energy Department loan commitment for a Wabash Valley Resources ammonia project in Indiana.
Mitsubishi Corp. in Talks to Buy Stake in Exxon Mobil's Texas Project
Mitsubishi Corp. is in talks to buy a stake in Exxon Mobil's project in Baytown, Texas, which aims to be the world's largest low-carbon ammonia facility.
(END) Dow Jones Newswires
September 19, 2024 16:15 ET (20:15 GMT)
Copyright (c) 2024 Dow Jones & Company, Inc.-
What’s the Difference Between the CPI and PCE Indexes?
-
Micron Earnings: Great Guidance but Stock Now Looks Fairly Valued
-
August PCE Report Forecasts Show More Good News on Inflation
-
AI Stocks May Be Down, but Don’t Count Them Out
-
4 Stocks to Buy as the Fed Cuts Interest Rates
-
Markets Brief: The Uncertain Path to Neutral Interest Rates
-
What’s Happening in the Markets This Week
-
Where Top Stock Fund Managers Are Looking Next After the Fed Rate Cut
-
Our Top Pick for Investing in US Renewable Energy
-
Undervalued by 25% and Yielding 5%, This Stock Is a Buy
-
Can AI Predict Future Stock Returns?
-
The Best Energy Stocks to Buy Now
-
10 Undervalued Wide-Moat Stocks
-
Obesity Drugs: Can New Firms Take Market Share From Eli Lilly and Novo Nordisk?
-
New 4-Star Stocks
-
Intel Fair Value Left Unchanged Despite Qualcomm Takeover Talk