Oil ends at lowest price since September on tariff worries, OPEC+ output plans
Oil declined for a fourth straight session Wednesday, settling at its lowest price 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.
U.S. Crude Oil Stockpiles Rise More Than Expected
U.S. crude oil inventories rose by 3.6 million barrels last week, which was more than expected, resuming an upward trend after a surprise drawdown the week before.
Sunnova Bondholders Engage Advisers Following KKR Deal, Going-Concern Warning
A group of bondholders in Sunnova Energy International has organized and hired legal counsel after the rooftop solar panel company issued a going concern notice and said it raised financing from KKR.
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.
Nuclear Power's Revival Is Here. What Do You Do With All the Radioactive Waste?
Tons of refuse goes into temporary storage every year.
Energy & Utilities Roundup: Market Talk
Find insight on Aramco, PTT Global Chemical, Manila Electric, 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.
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.
(END) Dow Jones Newswires
March 06, 2025 00:00 ET (05:00 GMT)
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