Oil prices touch 2-week lows with U.S. supplies up a 4th week in a row
Crude oil traded lower on Wednesday for the third-straight day as prices of both the U.S. and international benchmarks continued to consolidate just below five-month highs reached earlier this month.
U.S. Crude Oil Supplies Rise More Than Expected
Weekly commercial crude storage grew by 2.7 million barrels to 460 million barrels, while analysts predicted an increase of 600,00 barrels.
Vinci Buys Majority Stake in Edinburgh Airport
Vinci has bought a majority shareholding in Edinburgh Airport for around $1.6 billion, expanding its network in the U.K. to three airports.
Energy & Utilities Roundup: Market Talk
The latest Market Talks covering Energy and Utilities.
Wall Street Is Betting OPEC+ Can Fend Off $100 Oil
Traders expect spare capacity will cap crude prices despite the conflict in the Middle East.
Are Battery-Powered Home Appliances in Our Future?
Appliances with batteries are designed to keep working when the power goes off. Some researchers believe they also could help prop up the electrical grid.
Big Oil Companies Warm to Biden After Years of Bad Blood
Once a favorite foil of the White House, some U.S. oil executives have reached an unlikely truce with the president's lieutenants.
The Home-Solar Boom Gets a 'Gut Punch'
The nation's biggest residential solar market is tanking and installations could decline 13% nationwide, despite a clean energy push.
Energy-Guzzling AI Is Also the Future of Energy Savings
Data centers need more power because of artificial intelligence, but other buildings can use the technology to conserve.
Putin Told IAEA Russia Plans to Restart Zaporizhzhia Nuclear Plant
The Ukrainian plant is currently under Russian occupation. It is perched on a front line, artillery passing overhead, and encircled by Russian land mines.
(END) Dow Jones Newswires
04-17-24 1115ET
