U.S. oil futures end at lowest price of the year as worries about more Fed hikes rattle market
Oil tallies a third consecutive loss on Tuesday, as worries about more aggressive monetary tightening by the Federal Reserve rippled across markets.
Santos Doubles Size of Share Buyback, Outlines Capital Management Framework
Santos Ltd. doubled the size of its share buyback program as it outlined a new capital management framework targeting higher shareholder returns.
Oil Price Cap Triggers Tanker Traffic Jam in Turkish Straits
More than a dozen massive oil tankers are stuck near the exit to the Black Sea, the first noticeable disruption to global energy markets after the West imposed a price cap on Russian crude.
U.S. Opens First Auctions for California Offshore Wind Rights
The projects would bring floating wind turbines to the West Coast, but they face significant challenges due to the deep waters off California's coast.
Brazil, a Bastion of Hydropower, Gains Traction in Wind and Solar
The country's natural resources, including abundant sun and wind, boost the potential return companies can expect from investing in renewables there.
U.S. Crude-Oil Stockpiles Likely Fell in DOE Data, Analysts Say
Government data are expected to show that U.S. crude-oil inventories fell by 1.1 million barrels in the latest week, while gasoline stockpiles increased by 1.5 million barrels, according to a survey of analysts.
Oil Prices and Energy Stocks Are Headed in Different Directions. What Gives?
The divergence has surprised some on Wall Street, as sputtering crude prices threaten to undermine producers' profits.
Natural-Gas Prices Swing Again in Unseasonal Slump
Mild weather and an outage at a liquefied-natural-gas export facility have pressured prices for the heating and power-generation fuel.
Gunfire Attack in North Carolina Leaves Thousands Without Power for Third Full Day
The power outages continue to upend daily life in Moore County, N.C., where schools and businesses remain closed and a curfew is in place.
NRG Energy to Buy Vivint Smart Home for $2.8 Billion
The deal for home-security business Vivint would accelerate NRG Chief Executive Mauricio Gutierrez's growth strategy.
(END) Dow Jones Newswires
12-07-22 0015ET
