Oil touches lowest prices since September on tariff worries, OPEC+ output plans
Oil headed lower for a fourth straight session Wednesday, with crude prices hitting their lowest levels since September, on prospects for a global trade war that could dent demand and plans by major oil producers to begin unwinding output cuts next month.
DTEK in Talks With U.S. Suppliers to Boost Gas Supply to Europe
Ukraine's largest private energy company is in discussions with U.S. suppliers to bring more natural gas to Europe as part of a broader expansion, its CEO said in an interview.
A Nuclear-Power Revival Brings Back an Old Problem: What to Do With the Waste
Tons of radioactive refuse goes into temporary storage every year.
Energy & Utilities Roundup: Market Talk
Find insight on Aramco, Emerald Resources and oil futures in the latest Market Talks covering Energy and Utilities.
Oil Outlook Clouded by OPEC+ Output, Trade Tariff Risks
Higher-than-expected supply and a potential demand hit due to softer U.S. activity and escalating tariffs pose downside risks to its oil price forecast, said Goldman Sachs.
U.S. Refiners Import Lots of Oil. Trump's Tariffs Spell Trouble.
Supplies from Canada and Mexico are at the heart of the U.S. oil industry.
Oil Prices Drop Again. These Stocks Are Getting Hit.
President Donald Trump confirmed Monday that 25% tariffs on Canada and Mexico are "all set" to take effect Tuesday. He also signed an order increasing levies on China by another 10%.
Adnoc, OMV Reach Deal to Form $60 Billion Petrochemical Giant
Abu Dhabi's Adnoc and Austria's OMV reached an agreement to combine their petrochemical businesses and subsequently acquire Canada's Nova Chemicals to form a giant with a combined value of about $60 billion.
Aramco Expects Lower 2025 Dividend After Net Income Fall
Saudi Arabia's national oil company said it anticipates lower shareholder returns this year after 2024 net profit fell to $106.2 billion from $121.3 billion in 2023.
Energy & Utilities Roundup: Market Talk
Find insight on Aramco, BCPG, Sembcorp Industries, and more in the latest Market Talks covering Energy and Utilities.
(END) Dow Jones Newswires
March 05, 2025 11:00 ET (16:00 GMT)
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