Tag Archives: Oil

[unable to retrieve full-text content]Stocks climb, oil dips as Middle East war worries kept in check  Yahoo Finance Source link

[unable to retrieve full-text content]S&P 500 Falls 1% as Oil Jump Spurs Flight to Bonds: Markets Wrap  Yahoo Finance Source link

Google and environmental group Environmental Defense Fund on Wednesday unveiled a partnership to expose sources of climate-warming emissions from oil and gas operations that will be detected from space by a new satellite. MethaneSAT will launch next month, one of several satellites that are being deployed to monitor methane emissions across the globe to pinpoint major sources of the invisible but potent greenhouse gas. It is a partnership led by EDF, the New Zealand Space Agency, Harvard… Source link

A Ukrainian drone struck an oil storage depot in western Russia on Friday, causing a massive blaze, officials said, as Kyiv’s forces apparently extended their attacks on Russian soil ahead of the war’s two-year anniversary. Four oil reservoirs with a total capacity of 6,000 cubic meters (1.6 million gallons) were set on fire after the drone reached Klintsy, a city of some 70,000 people located about 60 kilometers (40 miles) from the Ukrainian border, according to the local governor and… Source link

(Bloomberg) — Oil switched to a decline to extend a run of choppy sessions, as traders weighed smaller US inventories and the wider risks of more attacks on vessels in the Red Sea. Most Read from Bloomberg Brent edged down to near $77 a barrel, reversing an earlier gain and following Tuesday’s advance of almost 2%. The American Petroleum Institute said nationwide inventories fell 5.2 million barrels last week, with levels at Cushing also down. The Energy Information Administration,… Source link

(Bloomberg) — Stocks and bonds steadied with many investors clinging to sidelines ahead of a key US inflation report. Oil erased gains. Most Read from Bloomberg Mining shares and travel stocks led a small decline in Europe’s Stoxx 600 index, while US equity futures were little changed. Brent gained halted a climb at $78 a barrel following more attacks on vessels in the Red Sea raised the risk that Middle East supply could be disrupted. Investor focus is on Thursday’s US inflation figures… Source link

[unable to retrieve full-text content]Stock market news today: Stocks slide, oil hits 5-month lows  Yahoo Finance Source link

Anti-Russia protest in Germany Yann Schreiber/AFP via Getty Images Russian President Vladimir Putin’s ploy to use oil and gas exports as “a weapon of financial war” in its campaign to conquer Ukraine “is increasingly backfiring, threatening the core of Russia’s beleaguered economy and curtailing its geopolitical influence,” The Wall Street Journal reports. Putin had calculated that cutting off natural gas to Europe, and especially Germany, would leave Europe’s economy in shambles and its… Source link

The era of making tires solely from various unfriendly Earth materials is coming to a close, at least according to Goodyear Chairman and CEO Rich Kramer. “It’s the right thing to do as we think about the sustainability goals that we and our customers have,” Kramer told Yahoo Finance Live from the floor of this week’s Consumer Electronics Show (CES) in Las Vegas. “Secondly, it’s what our customers are asking for.” Goodyear revealed a new “demonstration tire” at CES comprised of 90% sustainable… Source link

The U.S. has joined the European Union, the Group of Seven nations, and Australia to cap the price of Russian oil at $60 a barrel. The U.S. has been in detailed talks with allies for months about setting a price cap on Russian oil to reduce the country’s revenue as it continues its invasion in Ukraine. The cap also ensures oil can keep flowing to the global market, preventing a spike in global oil prices as governments around the world work to tamp down multi-decade highs in… Source link