Oil prices sink as wider market selloff continues and traders await inventory data
Oil futures fell Thursday, feeling pressure as equities and other assets perceived as risky extended a selloff and traders awaited official data on U.S. inventories.
Oil prices could turn volatile if OPEC+ fails to extend production cuts this weekend
OPEC+ members have incentive to avoid drama this weekend when they decide whether to extend production cuts.
Big Oil Companies Will Just Keep Getting Bigger
ConocoPhillips is the latest to bulk up as investors pay up for size.
A New Way to Make Solar Panels Cheaper Outside China
The biggest investor in U.S. solar manufacturing is embracing a new technology that reduces the cost of producing the panels.
Brookfield in Talks for $6.59 Billion Deal for France's Neoen
Brookfield Asset Management is in talks to acquire France's Neoen in a deal that values the renewable-power producer's equity at $6.59 billion.
Energy & Utilities Roundup: Market Talk
Pennon, United Utilities and more in the latest Market Talks covering Energy and Utilities.
ConocoPhillips to Acquire Marathon Oil in $17.1 Billion All-Stock Deal
The deal allows ConocoPhillips to expand its presence in several key U.S. shale basins including in Texas and North Dakota.
Exxon Wins Board Vote by Wide Margin
The company's 12 directors were reelected by an average of 95% of shareholders.
Storms Again Strike Texas, Leaving Hundreds of Thousands Without Power
Strong winds, rain and hail hit the state, following a spate of deadly weather events in May.
Energy Transfer to pay more than $3 billion to expand its Permian pipeline
Energy Transfer announced an agreement to buy WTG Midstream Holdings LLC in a cash-and-stock deal valued at about $3.25 billion.
(END) Dow Jones Newswires
05-30-24 1115ET
