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Large Rise in Gasoline Stocks Offsets Large Crude Draw

Crude oil inventories in the United States fell this week by 6.674 million barrels for the week ending January 19, but the same inventory report also reflected a large rise in gasoline stocks

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News Highlights : Top Energy News of the Day - Wednesday at 4 AM ET -January 24, 2024 at 04:16 am EST

Siemens Energy First Quarter Beats Forecasts Siemens Energy forecast an underlying profit margin of between negative 2% and positive 1% for the fiscal year, after it reported preliminary.

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Iran-Pakistan Tensions Test Beijing's Diplomatic Prowess

Recent air strikes and diplomatic tensions between Iran and Pakistan pose a challenge for China, testing its influence and economic interests in the region.

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News Highlights : Top Energy News of the Day - Wednesday at 12 AM ET -January 24, 2024 at 12:16 am EST

Rio Tinto Inks Power Deal With European Energy for Giant Australia Solar Farm Rio Tinto said it has agreed to buy electricity from the planned Upper Calliope solar farm in eastern Australia to.

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News Highlights : Top Energy News of the Day - Wednesday at 7 AM ET -January 24, 2024 at 07:16 am EST

Oil Inches Higher Amid Geopolitical Risks, Rebounding Supply Oil edged higher as traders navigated between risks to supply due to geopolitical tensions and rebounding crude output in the U.S..

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