Oil prices end lower on weak U.S. gasoline demand
Oil prices settled lower on Wednesday, with pressure from U.S. data showing a drop in weekly demand for gasoline outweighing support from the first drop in commercial crude supplies in five weeks.
U.S. Crude Oil Stockpiles Fall For First Time in Five Weeks
U.S. crude oil stocks fell by 6.4 million barrels last week, in the first withdrawal in five weeks while refineries increased their capacity use
Eni Boosts Buybacks Despite Disappointing First-Quarter
Eni reported first-quarter results that fell short of analysts' forecasts but said it would increase its share buybacks in 2024 to EUR1.6 billion.
Energy & Utilities Roundup: Market Talk
Gain insight on Enel, Eni, Iberdrola, and more in the latest Market Talks covering Energy and Utilities.
Underground Thermal Energy Networks May Be About to Have Their Moment
These climate-friendly heating-and-cooling systems are drawing support from states, cities, utilities and developers.
One French Company's Lonely Struggle to Survive Fierce Competition From China
After China destroyed Europe's solar-panel industry, the continent struggles with an onslaught against other green sectors.
SLB Tops Revenue Expectations on International Strength
The oil-services company reports adjusted first-quarter earnings of 75 cents a share on revenue of $8.71 billion.
Water Facilities Warned to Improve Cybersecurity as Nation-State Hackers Pounce
The water sector is under pressure to improve cybersecurity protections as hacking threats grow.
The Push to Store Renewable Energy in Massive Salt Caverns
Renewable power is used to produce hydrogen, which is stored in underground caverns until it is needed for green energy.
Woodside Revenue Falls on Lower Prices, Volumes
Woodside Energy said weaker output and lower realized prices for its oil and natural gas drove a drop in sales revenue in its latest quarter.
(END) Dow Jones Newswires
04-25-24 0415ET
