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Articles by A Glut
News Highlights: Top Energy News of the Day - Monday at 11 AM ET
Brent oil climbs more than 3% on Libya output halt and escalating Middle East tensions Global oil prices touched a nearly two-week high on Monday as a reported halt in oil output and exports by Libya's eastern government, along with escalating tensions between Israel and Hezbollah over the weekend, fed worries over disruptions to the world's crude supplies.
News Highlights: Top Energy News of the Day - Monday at 7 AM ET
Oil Prices Rise as Middle East Fears Heighten After missile attacks over the weekend, there are concerns of a wider conflict in the region. Swiss company says it's no longer viable to build Colorado solar cell production site A Swiss company intending to build a solar cell manufacturing facility in Colorado Springs, Colo., said on Monday the project is not financially viable and has been put on hold.
News Highlights: Top Energy News of the Day - Monday at 12 AM ET
Oil ends higher as Powell's Fed policy comments lift prospects for U.S. demand Oil futures settled higher Friday, extending a bounce from the previous session, after comments from head of the Federal Reserve confirmed prospects for interest-rate cuts that would help strengthen the economy - and demand for crude. Halliburton Hit by Cyberattack Oilfield-services company Halliburton has joined the growing ranks of firms hit by cyberattacks.
News Highlights: Top Energy News of the Day - Friday at 4 PM ET
Oil ends higher as Powell's Fed policy comments lift prospects for U.S. demand Oil futures settled higher Friday, extending a bounce from the previous session, after comments from head of the Federal Reserve confirmed prospects for interest-rate cuts that would help strengthen the economy - and demand for crude. Halliburton Hit by Cyberattack Oilfield-services company Halliburton has joined the growing ranks of firms hit by cyberattacks.
News Highlights: Top Energy News of the Day - Friday at 11 AM ET
Oil prices extend bounce but remain on track for weekly losses on demand worries Oil futures rose Friday, extending a bounce from the previous session, but remained on track for weekly losses tied to worries over the outlook for crude demand. Halliburton Hit by Cyberattack Oilfield-services company Halliburton has joined the growing ranks of firms hit by cyberattacks.
News Highlights: Top Energy News of the Day - Friday at 7 AM ET
Oil Prices Rise Further, But Market Jitters Remain Oil prices continued to rise after having staged a recovery in the previous session, breaking a four-day streak of declines which had pushed the market towards oversold territory, ING said. Democrats Call for the Elimination of Billions in Oil and Gas Subsidies In a reversal from 2020, the party supports clawing back tax breaks for fossil fuels.
News Highlights: Top Energy News of the Day - Friday at 12 AM ET
Democrats Call for the Elimination of Billions in Oil and Gas Subsidies In a reversal from 2020, the party supports clawing back tax breaks for fossil fuels. Oil ends higher after 'excessive selling' this week sent prices to 7-month lows Oil futures ended higher on Thursday, finding support a day after settling at their lowest since January.
News Highlights: Top Energy News of the Day - Thursday at 4 PM ET
Democrats Call for the Elimination of Billions in Oil and Gas Subsidies In a reversal from 2020, the party supports clawing back tax breaks for fossil fuels. Oil ends higher after 'excessive selling' this week sent prices to 7-month lows Oil futures ended higher on Thursday, finding support a day after settling at their lowest since January.
News Highlights: Top Energy News of the Day - Thursday at 11 AM ET
Oil edges higher after demand fears spark slide to 7-month lows Oil futures moved higher Thursday, consolidating after ending the previous session at their lowest since January, following revised U.S. jobs data that stoked worries about the outlook for crude demand.
News Highlights: Top Energy News of the Day - Thursday at 4 AM ET
Oil prices at lowest since January on prospects for a demand slowdown Oil futures declined Wednesday, as a downward revision to U.S. employment growth fed prospects for a slowdown in oil demand, pulling prices to their lowest settlement since January. Whitehaven Coal to Sell Coal Mine Stake for $1.08 Billion Whitehaven Coal has signed deals to sell 30% stake in an Australian coal mine for $1.08 billion.
News Highlights: Top Energy News of the Day - Thursday at 12 AM ET
Oil prices at lowest since January on prospects for a demand slowdown Oil futures declined Wednesday, as a downward revision to U.S. employment growth fed prospects for a slowdown in oil demand, pulling prices to their lowest settlement since January.
News Highlights: Top Energy News of the Day - Wednesday at 4 PM ET
Oil prices at lowest since January on prospects for a demand slowdown Oil futures declined Wednesday, as a downward revision to U.S. employment growth fed prospects for a slowdown in oil demand, pulling prices to their lowest settlement since January. Arch, Consol to Combine Into $5.2 Billion Coal Giant Arch Resources and Consol Energy have agreed to combine in an all-stock merger of equals to create a new $5.2 billion entity called Core Natural Resources.
News Highlights: Top Energy News of the Day - Wednesday at 4 AM ET
Oil settles at a 2-week low as supply risks ease and demand worries rise Oil futures posted a loss for the third straight session Tuesday, with prices marking their lowest finish in two weeks. A Natural-Gas Glut Is Forcing Drillers to Dial Back-Again An oversupply of the power-plant fuel persists despite some of the hottest weather on record. Energy & Utilities Roundup: Market Talk Find insight on Sasol, Ampol and more in the latest Market Talks covering the Energy & Utilities sector.
News Highlights: Top Global Markets News of the Day - Tuesday at 11 PM ET
S&P 500 Closes Lower, Snapping Winning Streak Stock indexes took a breather Tuesday, snapping a long winning streak. The stock market is entering the most volatile period of the 2024 presidential election year There is still no green light for the stock market as the 2024 presidential election season gets into full swing. The S&P 500's historical performance during election years suggests stocks could experience a lackluster and volatile period between now and Nov. 5.
News Highlights: Top Global Markets News of the Day - Tuesday at 5 PM ET
S&P 500 Closes Lower, Snapping Winning Streak Stock indexes took a breather Tuesday, snapping a long winning streak. Canada Inflation Cools to More Than Three-Year Low of 2.5% A further cooling in Canadian inflation in July all but cements the case for another interest rate cut by the Bank of Canada in September and additional easing later in the year.
News Highlights: Top Energy News of the Day - Tuesday at 4 PM ET
Oil settles at a 2-week low as supply risks ease and demand worries rise Oil futures posted a loss for the third straight session Tuesday, with prices marking their lowest finish in two weeks. A Natural-Gas Glut Is Forcing Drillers to Dial Back-Again An oversupply of the power-plant fuel persists despite some of the hottest weather on record. Energy & Utilities Roundup: Market Talk Find insight on Sasol, Ampol and more in the latest Market Talks covering the Energy & Utilities sector.
News Highlights: Top Global Markets News of the Day - Tuesday at 1 PM ET
U.S. Stock Indexes Hold Broadly Steady; Bitcoin, Gold Prices Rise The S&P 500 is enjoying a long winning streak, showing how quickly this month's market turmoil has abated. China Says 'Please Stop Buying Our Bonds' Plunging bond yields are a symptom of economic weakness that are easier to fix than curing the country's troubled economy.
News Highlights: Top Energy News of the Day - Tuesday at 11 AM ET
Oil prices edge higher after ending at nearly 2-week low Oil futures edged higher Tuesday morning, consolidating after ending the previous session at their lowest since Aug. 6 in response to hopes for a cease-fire between Israel and Hamas as well as concerns over China's demand for crude. A Natural-Gas Glut Is Forcing Drillers to Dial Back-Again An oversupply of the power-plant fuel persists despite some of the hottest weather on record.
News Highlights: Top Global Markets News of the Day - Tuesday at 7 AM ET
The Market Volatility Has Calmed Down-Or Has It? After spiking earlier this month, the market's VIX volatility index has settled back down. But risks remain. Tariffs Are on the Table for U.S. Importers, Whatever the Election Outcome U.S. companies are pulling away from China as Democrats and Republicans increasingly impose duties on Beijing.
News Highlights: Top Energy News of the Day - Friday at 12 AM ET
Elon Musk Bromance With Argentine President Leads to First Meeting After months of endorsing each other on X, Musk and Javier Milei look to build ties on lithium resources and the installation of Starlink in Argentina. Oil prices settle lower as traders weigh risks of an Iranian attack on Israel Oil futures consolidate after rising more than 1% the previous session on fears of a more direct confrontation between Israel and Iran.
News Highlights: Top Energy News of the Day - Thursday at 4 PM ET
Oil prices settle lower as traders weigh risks of an Iranian attack on Israel Oil futures consolidate after rising more than 1% the previous session on fears of a more direct confrontation between Israel and Iran. A Natural-Gas Glut is Keeping Prices Low U.S. natural gas futures snapped a four-session winning streak on a bigger-than-expected build in inventories.
Trump Tweets "Trade Wars are Good and Easy to Win"
European Commission President Jean-Claude Juncker announced Friday Europe would react to U.S. plans to put import tariffs on steel and aluminum with tariffs on Harley-Davidson motorcycles, bourbon and bluejeans. Canada is the top foreign steel supplier to the U.S., accounting for roughly 17% of all American steel imports, followed closely by Brazil and South Korea, according to Commerce Department figures.
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