Energy News
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Damage to a utility’s power equipment by gunfire found in Durham was associated with an outage that left hundreds of people without power earlier this week, the company said. About 730 people experienced a power outage for about two hours on Monday after reports of “a fire and equipment failure” on Duke Energy’s power distribution grid, spokesperson Jeff ...
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U.S. Capitol Police arrested eight protesters who disrupted the Congressional Baseball Game by running onto the field at Nationals Park in Washington, D.C., on Wednesday night. The big picture: The activist group Climate Defiance, which has disrupted multiple political events as it campaigns against the use of fossil fuels, claimed responsibility for the ...
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Refined Products Gasoline and diesel, along with jet fuel and fuel oil, are collectively called refined products because they are products that are made by refining crude oil. Oil refineries are large, complex industrial process facilities located around the world. The amount of gasoline and diesel produced from refineries depends on global refinery ...
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Today, as part of the Summit for Peace in Ukraine and her sixth meeting with Ukrainian President Volodymyr Zelenskyy, Vice President Kamala Harris is announcing that the United States will provide over $1.5 billion through USAID and the State Department to support the people of Ukraine. From USAID, this includes $500 million in new funding for energy ...
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video The natural gas markets have been back and forth during the session, perhaps a little bit negative, but really at this point in time, natural gas is overextended. We do have a significant amount of heat in the United States over the next several days, and markets had been banking on that. However, that’s already been priced in, so the question then ...
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Damage to a utility’s power equipment by gunfire found in Durham was associated with an outage that left hundreds of people without power earlier this week, the company said. About 730 people experienced a power outage for about two hours on Monday after reports of “a fire and equipment failure” on Duke Energy’s power distribution grid, spokesperson Jeff ...
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Taylor Swift’s record-shattering Eras Tour is continuing to supercharge consumer spending as it enters its U.K. leg, suggesting that the Bank of England may not be out of the ...
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Brent crude oil prices eased to $78 per barrel (bbl) in early June, down from over $90/bbl in April, due to subdued oil demand, increased global inventories, and easing of ...
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video The natural gas markets have been back and forth during the session, perhaps a little bit negative, but really at this point in time, natural gas is overextended. We do have a significant amount of heat in the United States over the next several days, and markets had been banking on that. However, that’s already been priced in, so the question then ...
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Main scenario: consider short positions from corrections below the level of 87.75 with a target of 67.60 – 57.00. Alternative scenario: breakout and consolidation above the level of 87.75 will allow the asset to continue rising to the levels of 94.00 – 100.00. Analysis: supposedly, a downward correction continues developing as second wave of larger degree ...
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The world's two most relied-upon crude oil benchmarks are WTI, predominantly traded on CME Group, and Brent, its European peer. Their attractiveness to financial investors is subject to a number of moving parts: the underlying supply/demand balance, economic considerations, weather and geopolitics. The weekly reports of the Commitment of Traders provide a ...