Dow Jones Top Energy Headlines at 4 PM ET: OPEC Keeps Oil Demand View Unchanged as It Continues to Boost Output | Rushing ...
OPEC Keeps Oil Demand View Unchanged as It Continues to Boost Output
The cartel held its oil-demand forecasts steady after agreeing to raise production again next month, doubling down on its strategy shift in a push for market share.
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Rushing to Meet AI's Energy Needs: Oil-Field Servicers
The companies are shifting to supply power to data centers. They still risk their services going obsolete.
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Oil Futures End Volatile Week With Moderate Gains
Oil futures posted weekly gains with geopolitical risk premium outweighing oversupply concerns as the Russia-Ukraine war continued unabated and an Israeli strike aimed at Hamas leaders in Qatar threatened to increase tensions in the Middle East.
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IEA Further Lifts Oil Supply View, Pointing to Larger Surplus Ahead
Global oil markets are bracing for an even larger surplus than previously anticipated as supply growth continues to far outstrip demand, the International Energy Agency said.
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Energy & Utilities Roundup: Market Talk
Find insight on oil futures, Equinor, European oil stocks and more in the latest Market Talks covering Energy and Utilities.
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Oil Giant Saudi Arabia Is Emerging as a Solar Power
The kingdom is betting that sunshine can power new AI data centers and help boost oil exports.
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Tesla Megablock Is a 'Game-Changer.' The Stock Is Rising.
Tesla recently introduced new Megapack 3 and Megablock technologies for its energy storage business.
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Republicans Want to Slash Energy Rules for Home Appliances
Lawmakers clash over how to reduce costs for everyday appliances such as gas stoves and washing machines.
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U.S. Crude Oil Stockpiles Post Back-to-Back Increases
U.S. crude oil inventories rose by 3.9 million barrels last week. Analysts had predicted stockpiles would fall by one million barrels.
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Solar Installer PosiGen Engages Advisers to Explore Debt Restructuring
The residential solar business is facing a cash crunch and considering options including a bankruptcy filing
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EIA Sees Consumers Paying Less for Gasoline and Driving More in 2026
The agency estimates that the average retail price for regular gasoline will be under $3 in all U.S. regions except for the West Coast, with a 0.3% increase in consumption.
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Phillips 66 to Buy 50% Stake in Cenovus Energy Refining Unit for $1.4 Billion
Cenovus Energy has sold its 50% interest in a U.S. refinery business to its joint venture partner Phillips 66 for $1.4 billion.