Oil ends higher after 2-day drop to nearly 4-month lows

Oil futures climbed Thursday, shaking off data that pointed to weak Chinese consumer demand to finish higher after a two-day drop that left crude at its lowest since mid-July. 


 
AI's Power-Guzzling Habits Drive Search for Alternative Energy Sources

The AI boom and strains on the country's electric grid are making nontraditional energy sources like flared gas and nuclear more attractive to cloud providers and data center operators. 


 
The $2 Million Coal Mine That Might Hold a $37 Billion Treasure

A discovery outside Sheridan, Wyo., could be America's first new source of rare-earth elements since 1952. 


 
Energy & Utilities Roundup: Market Talk

Find insight on Viva Energy, Valvoline, Veolia and more in the latest Market Talks covering Energy and Utilities. 


 
U.K. Hits Russian Gold, Oil Sectors With New Sanctions Package

The U.K. government has sanctioned 29 entities and individuals, including two large producers of Russian gold and a Geneva-based oil trading company, in an effort to cut off revenue streams funding Russia's war in Ukraine. 


 
Qatar Pursues Oil Deal After Brokering End to Venezuela Sanctions

A Qatari magnate wants to restart an oil refinery near Venezuela's coast after the wealthy Gulf state helped mediate talks between Caracas and the U.S. 


 
We're Producing Too Much Coal, Oil and Gas, Report Says

After world leaders pledged to cut emissions to help the environment, nations are stepping up production of fossil fuels. 


 
Oil Stocks Had a Great Run. Now It's Time to Sell.

The main ETF holding oil stocks has more than tripled from the low it hit early in the pandemic. Don't expect to ride it higher. 


 
E.ON Warns of Earnings Hit From Price Reductions

E.ON said it expected fourth-quarter earnings to suffer the impact of price reductions for electricity and gas customers, but confirmed its full-year guidance and said it planned to invest more than EUR6 billion in 2023. 


 
Enel Raises Guidance After Surge in Profit

The Rome-based energy company upgraded its guidance for the year after profit more than doubled in the first nine months


(END) Dow Jones Newswires

11-10-23 0015ET