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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…

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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…

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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…

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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…

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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.…

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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…

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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…

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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…

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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…

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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…

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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…

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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…

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