Blackouts Likely to Continue as Power Supplies Stay Low (7:20 a.m.)
The need for rolling blackouts to control demand on the Texas power network is likely to continue as data shows little sign of improvement in available power supply. Load on the system remains at suppressed levels indicating that restrictions are still in place.
Oil Prices Hold Above $60 as Crisis Spurs Rush for Fuels (4:30 a.m.)
West Texas Intermediate futures held onto gains accumulated this week trading above $60 a barrel while Brent rose for a third day. U.S. gas futures traded near the highest for three months and contracts in Europe surged.
Texas Crisis Deepens, Economic Fallout Spreads: Energy Update
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Winners and Loser Emerge From Texas Deep Freeze: Energy Update
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