Oil extends bounce as supply worries rise
[ad_1] Oil futures rose Tuesday, finding support as the Keystone pipeline remained closed and investors gauged a potential boost to demand from China’s loosening of COVID-19 curbs. Price action West…
Energy stocks look ‘especially vulnerable’ to crude-oil selloff
[ad_1] Something appears wrong with the chart comparing energy stocks with crude-oil prices, as what used to be a near-100% correlation has flipped to negative since oil prices peaked earlier…
Twitter spoof contributes to natural-gas price drop; Freeport LNG calls out fake letterhead and ‘false information’ on Twitter
[ad_1] A major liquefied natural gas exporter in Texas, Freeport LNG, said Friday that statements posted earlier in the day on Twitter and other social media using fake, Freeport-branded letterhead…
U.S. warned Saudi Arabia that OPEC+ production-quota cut would make it Russia’s ally in Ukraine. The Saudis were unmoved.
[ad_1] RIYADH, Saudi Arabia — Days before a major oil-production cut by OPEC and its Russia-led allies, U.S. officials called their counterparts in Saudi Arabia and other big Gulf producers with an…
Gas futures in Europe continue to climb as Gazprom warns Ukrainian gas route could be cut off
[ad_1] European and UK benchmark natural gas prices jumped after Kremlin-run Gazprom warned that the remaining gas route to Europe, via Ukraine, is now at risk of being shut off.…