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Energy & Oil News

Sat, Jul 31st, 2021
Closing prices for crude oil, gold and other commodities

Benchmark U.S. crude oil for September delivery rose 33 cents to $73.95 a barrel Friday. Brent crude oil for September delivery rose 28 cents to $76.33 a barrel.

Exxon posts $4.7B in Q2 profit as demand for fuel rebounds

NEW YORK (AP) — Exxon Mobil swung back to a second-quarter profit and topped expectations as demand for fuel recovered from lows reached earlier in the pandemic.

XOM : 57.57 (-2.31%)
CVX : 101.81 (-0.74%)
Closing prices for crude oil, gold and other commodities

Benchmark U.S. crude oil for September delivery rose 74 cents to $72.39 a barrel Wednesday. Brent crude oil for September delivery rose 26 cents to $74.74 a barrel.

Closing prices for crude oil, gold and other commodities

Benchmark U.S. crude oil for September delivery fell 26 cents to $71.65 a barrel Tuesday. Brent crude oil for September delivery fell 2 cents to $74.48 a barrel.

Carbon-capture pipelines offer climate aid; activists wary

SIOUX FALLS, S.D. (AP) — Two companies seeking to build thousands of miles of pipeline across the Midwest are promising the effort will aid rather than hinder the fight against climate change, though...

Plans for largest US solar field north of Vegas scrapped

OVERTON, Nev. (AP) — The push to transition from carbon-emitting fuel sources to renewable energy is hitting a roadblock in Nevada, where solar power developers are abandoning plans to build what would...

They're not blown away by NJ's offshore wind power plans

OCEAN CITY, N.J. (AP) — New Jersey is moving aggressively to become the leader in the fast-growing offshore wind energy industry on the East Coast, but not everyone is blown away by those ambitious plans....

Summer driving, tight supply gasses fuel prices at the pump

The economic recovery is pumping up gas prices.

NTRS : 112.85 (-0.67%)
Climate activists hail Dem budget spending on clean energy

WASHINGTON (AP) — Environmental groups hailed a sweeping $3.5 trillion domestic spending plan announced by Democrats, saying it would make “transformational investments” in clean energy and jobs...

Lawsuit says Alabama blocking solar power with unfair fees

MONTGOMERY, Ala. (AP) — The fees imposed by the Alabama Power company on customers who generate their own electricity with rooftop or on-site solar panels are now the subject of a federal lawsuit against...

Massive soil mound on slope seen as worsening Japan mudslide

TOKYO (AP) — A powerful mudslide that killed at least seven people and destroyed dozens of homes in a Japanese seaside resort started in an area with a history of land alterations, and a massive mound...

Tennessee Valley Authority considers replacing coal with gas

NASHVILLE, Tenn. (AP) — The nation's largest public utility is looking at shutting down three of its five remaining coal-fired power plants, saying they are old and no longer practical. But despite President...

Court strikes Trump EPA rule for full-year 15% ethanol sales

DES MOINES, Iowa (AP) — A federal appeals court on Friday threw out a Trump-era Environmental Protection Agency rule change that allowed for the sale of a 15% ethanol gasoline blend in the summer months....

Royal Caribbean opens cruise ship to house visiting rescuers

MIAMI (AP) — With housing options dwindling, a cruise ship will host hundreds of rescuers pouring into South Florida from across the country as the at a fallen 12-story condominium building near Miami....

RCL : 76.87 (-3.94%)
Blast at Romania's biggest oil refinery kills 1, injures 4

BUCHAREST (AP) — An explosion at Romania's largest oil refinery outside the port city of Constanta on Friday killed one person and injured at least four, authorities said.

Court: Toppled rig's owners can't sue Coast Guard contractor

NEW ORLEANS (AP) — The owner of Gulf of Mexico oil wells cannot demand damages from a federal contractor who says his equipment has captured enough oil to fill scores of tank trucks, a federal appeals...

California tests off-the-grid solutions to power outages

SAN FRANCISCO (AP) — When a wildfire tore through Briceburg nearly two years ago, the tiny community on the edge of Yosemite National Park lost the only power line connecting it to the electrical grid....

Closing prices for crude oil, gold and other commodities

Benchmark U.S. crude oil for August delivery rose 7 cents to $72.98 a barrel Monday. Brent crude oil for August delivery rose 8 cents to $74.76 a barrel.

Closing prices for crude oil, gold and other commodities

Benchmark U.S. crude oil for August delivery fell $1.14 to $72.91 a barrel Monday. Brent crude oil for August delivery fell $1.50 to $74.68 a barrel.

Congress votes to reinstate methane rules loosened by Trump

WASHINGTON (AP) — Congressional Democrats have approved a measure reinstating rules aimed at limiting climate-warming greenhouse gas emissions from oil and gas drilling, a rare effort by Democrats to...

BP : 24.18 (-1.83%)

Chart of the Day

Waters Corp (WAT)

The Barchart Chart of the Day belongs to the analytical instruments company Waters Corp (NYSE: WAT ). I sorted Barchart's All Time High list first by the highest number of new highs in the last month, then used the Flipchart function to review the charts for consistent price appreciation. Since...
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