Oil Prices Rise on Positive Inflation Data, Stockpile Falls 
 

Oil prices rose, with positive sentiment supported by positive economic data and a fall in inventories.


 
Private Equity Warms Up to Clean-Energy Tax Credits 
 

Private-equity firms are beginning to tap a nascent market for clean-energy tax credits, betting on a boost to returns from helping project developers get better terms for the tradable credits.


 
Free Solar for Farmers: Climate Law Gives Rich Incentives 
 

The law now offers a particularly sweet deal: a combination of subsidies that can cover or even exceed a project's costs.


 
Engie Backs Outlook Despite Dip in Earnings 
 

Engie reaffirmed expectations for the year after core earnings fell slightly in the first quarter, driven by declines from its networks and global energy management and sales businesses.


 
Green Transition Set to Face Critical Minerals Shortfall, IEA Says 
 

Electric vehicle, wind turbine and solar panel manufacturers face a shortfall in critical metals and minerals unless more investment is made in projects such as new mines and recycling, according to a report from the International Energy Agency.


 
U.S. oil prices settle at one-week high on post-CPI relief rally and drop in crude supplies 
 

U.S. oil prices settled at their highest level in a week on Thursday, extending a relief rally sparked by data showing a slowdown in key U.S. inflation data.


 
Natural Gas Up Amid Lower-Than-Expected Inventory Build 
 

Natural gas prices rose for a second consecutive day as U.S. storage grew less than expected.


 
Crescent Energy to Acquire SilverBow in $2.1B Deal 
 

SilverBow Resources has agreed to be acquired by its Houston-based rival Crescent Energy in a deal valued at $2.1 billion.


 
Petrobras CEO Jean Paul Prates Replaced by Former Government Regulator Magda Chambriard 
 

Latin America's biggest oil producer Petrobras announced the exit of its CEO Jean Paul Prates, the fifth head of the company to be fired or quit in three years as the government battles for greater control over the group.


 
AI Is Electrifying These Power Producers' Shares 
 

The outlook for higher electricity demand is lifting share prices to new heights at Vistra, NRG and Constellation Energy.


(END) Dow Jones Newswires

05-17-24 0715ET