OPEC-Plus Deadlocked on Oil Production Boost Deal
The petroleum cartel and Russia-led allies were blocked by the U.A.E. in their efforts to forge a production-boost accord.
Oil prices end mixed as OPEC+ struggles to reach deal on production
Oil futures finish mixed, after a dispute emerges over plans to further ease production curbs through he end of the year.
Court Strikes Down Attempt to Expand Summer Ethanol Sales
The decision invalidates a Trump administration plan intended to be a big compromise between farmers and refiners.
U.S. Oil-Rig Count Rises in Latest Week
The number of rigs drilling for oil in the U.S. rose by four in the latest week to 376, according to oil-field services company Baker Hughes.
Americans Face Higher Gas Prices Heading Into July Fourth
Consumers are facing the steepest gasoline prices in nearly seven years as tens of millions eagerly hit the road this summer after a year of Covid-19 lockdowns and travel restrictions.
Energy & Utilities Roundup: Market Talk
The latest Market Talks covering Energy and Utilities
Chevron's Gorgon JV to Invest Around $4 Billion at Jansz-Io Gas Field
Chevron signaled its largest capital investment in Australia for three years, joining with partners in the Gorgon liquefied natural gas project to approve $4 billion of spending on technology.
Oil Prices Surge as OPEC Weighs Rising Demand in Rich Countries
U.S. crude oil prices rose above $75 a barrel for the first time since 2018, as OPEC and a Russia-led group of producers met to weigh surging demand from the industrialized world.
Finland's Fortum Sells Stake in Stockholm Exergi
State-controlled utility Fortum has agreed to sell its 50% shareholding in Swedish district heating and cooling company Stockholm Exergi to an investment group for $3.5 billion.
Exxon Disavows Remarks After Video Shows Lobbyists Dismissing Company's Climate Stance
CEO Darren Woods said Exxon lobbyists tricked into speaking on video by Greenpeace didn't reflect the company's positions, after they said Exxon only supports a carbon tax because it is unlikely to pass.
(END) Dow Jones Newswires
07-05-21 0015ET
