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News Highlights: Top Energy News of the Day

Provided by Dow Jones U.S. oil prices end near 1-month low on OPEC compromise expectations, COVID concerns Oil futures fall Thursday, extending a slump that began in the previous session after data showed a rise in U.S. fuel supplies and reports said the United Arab Emirates and the Organization of the Petroleum Exporting Countries reached a compromise that would allow a further relaxation of output curbs beginning next month. Natural Gas Prices Drop on Rising Storage Natural gas prices fell 1.3%, marking a third straight session of declines due to temperatures around the country not being quite as high as many bullish forecasts.

United arab emiratesSiemens gamesaAirbus bets on hydrogenAker solutions posts surprise profitEnergy utilities roundupSiemens energy tumbles after unit issues warningWoodside petroleum ltdSiemens energyDow jones company incAker solutionsOrganization of the petroleum exporting countriesCompromise withu ae over oil productionPetroleum exporting countriesGas prices dropRising storageDemand rebound could spur inflation

News Highlights: Top Global Markets News of the Day

Provided by Dow Jones Stocks Up Slightly After Powell Speaks to Congress U.S. stocks edged higher Wednesday after Federal Reserve Chairman Jerome Powell told members of Congress that inflation will moderate and that the central bank plans to maintain its current monetary policies. Powell Says Fed Still Expects Inflation to Ease Federal Reserve Chairman Jerome Powell said the central bank wouldn t hesitate to raise interest rates to keep inflation under control but repeatedly emphasized he still expects price pressures to ease later this year. Businesses See Above-Average Price Increases, Worry About Lingering Inflation, Fed Beige Book Says The central bank also says the economic recovery further strengthened headed into the summer.

White houseDistrict of columbiaUnited statesJerome powellSenate democratsEuropean unionDow jones company incFederal reserveCompromise withu ae over oil productionStocks up slightly after powell speaksFederal reserve chairman jerome powellSays fed still expects inflationReserve chairman jerome powellAbove average price increasesWorry about lingering inflationFed beige book says

EMEA Morning Briefing: Powell Says Fed Still Expects Inflation to Ease

EMEA Morning Briefing: Powell Says Fed Still Expects Inflation to Ease
morningstar.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from morningstar.com Daily Mail and Mail on Sunday newspapers.

United kingdomSaudi arabiaUnited arab emiratesJerome powellKrishna guhaKeith lernerLi keqiangTatha ghoseBt groupEq bankMonetary policy report to senate banking committeeBank liabilitiesMonthly oil marketNortonlifelock incDow jones company incAvast plc

EUROPEAN MIDDAY BRIEFING: Stocks Struggle With -2-

EUROPEAN MIDDAY BRIEFING: Stocks Struggle With -2-
morningstar.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from morningstar.com Daily Mail and Mail on Sunday newspapers.

United statesUnited kingdomSaudi arabiaUnited arab emiratesSouth koreaNoord hollandJerome powellSkandinaviska enskilda bankenLee ju yeolEnergy transition work boostingFederal reserveLabor departmentKingfisher plcSenate banking committeeOrganization of the petroleum exporting countriesAker solutions