Bloomberg
Germany and Italy pledge closer ties on energy supply, migration
Friday, June 9, 2023, 6:48 AM MDT
Giorgia Meloni and Olaf Scholz pledged to work more closely on boosting energy security and fixing the European Union’s asylum…
COP28 chief says fossil fuel decline inevitable
Friday, June 9, 2023, 6:40 AM MDT
Sultan Al Jaber, the United Arab Emirates official tapped to lead United Nations climate change talks, said “the phase-down of…
Oil steady this week as demand concern counters Saudi supply cut
Friday, June 9, 2023, 6:17 AM MDT
Oil was largely unchanged this week as demand concerns returned to the fore, snuffing out gains driven by Saudi Arabia’s…
Dismal sales undercut carmakers pushing hydrogen fuel cells
Thursday, June 8, 2023, 7:01 AM MDT
Toyota Motor Corp. and Hyundai Motor Co. have put their weight behind hydrogen fuel-cell vehicles in the push to reach…
Putin, Saudi crown prince give ‘praise’ to OPEC+ cooperation
Thursday, June 8, 2023, 6:28 AM MDT
Russia’s President Vladimir Putin and Saudi Crown Prince Mohammed bin Salman talked on OPEC+ cooperation by phone, the Kremlin said.…
Oil steady on mixed stockpile data and lingering demand concern
Thursday, June 8, 2023, 6:16 AM MDT
Oil steadied as investors weighed mixed US data on crude and petroleum stockpiles amid persistent concerns over the outlook for…
Oil swings as traders weigh demand concerns against Saudi cut
Wednesday, June 7, 2023, 6:33 AM MDT
Oil fluctuated as traders balanced an uncertain economic picture against Saudi Arabia’s bullish supply cut. West Texas Intermediate futures rose above…
Chevron says natural gas is more than just a transitional fuel
Wednesday, June 7, 2023, 6:23 AM MDT
Chevron Corp. said natural gas will play a long-term role in curbing climate-damaging emissions, bucking some environmental groups that see…
Exxon CEO tells Europe to follow US approach to climate action
Wednesday, June 7, 2023, 6:20 AM MDT
European leaders looking to tackle climate change should look to US policy and “let the market work” to avoid driving…
OPEC+ may push up oil price, but China most important, IEA says
Wednesday, June 7, 2023, 6:04 AM MDT
The OPEC+ production cuts might put upward pressure on crude prices, but China’s economy is the most important factor for…
Surprise Saudi move leaves Asian buyers exploring more Russian, African oil
Tuesday, June 6, 2023, 6:59 AM MDT
Some Asian refiners are considering buying more crude from Russia and Africa after Saudi Arabia surprised the market by raising prices for…
US shale seen holding firm on returns even as Saudis cut supply
Tuesday, June 6, 2023, 6:27 AM MDT
US shale producers will stick to their previously announced plans for 2023 — growing output modestly while returning lots of…