Energy Declines With Oil Futures — Energy Roundup
Provided by
Dow Jones
Shares of energy companies ticked down as traders hedged their bets on the outlook for demand.
Oil futures slipped 0.4% to $78.54 but remained within shouting disatance of its 2024 highs.
U.S. crude oil inventories rose more than expected last week in a fifth consecutive build, while gasoline and distillate fuel stocks decreased, according to data released by the U.S. Energy Information Administration.
Write to Rob Curran at rob.curran@dowjones.com
(END) Dow Jones Newswires
February 28, 2024 17:12 ET (22:12 GMT)
Copyright (c) 2024 Dow Jones & Company, Inc.-
For Bond Investors, Delayed Rate Cuts Demand a Different Playbook
-
What’s Happening In the Markets This Week
-
How the Tokyo Stock Exchange Is Pushing for Better Shareholder Returns
-
Magnificent 7 Stocks Earnings Updates: AI Remains the Focus
-
Where We See Opportunities After an Ugly Month for Stocks
-
After Earnings, Is Alphabet Stock a Buy, a Sell, or Fairly Valued?
-
When Will the Fed Start Cutting Interest Rates?
-
What’s the Difference Between the CPI and PCE Indexes?
-
10 Questions for Berkshire Hathaway’s 2024 Annual Meeting
-
After Earnings, Is Ford Stock a Buy, a Sell, or Fairly Valued?
-
3 Dividend Stocks for May 2024
-
Amgen Earnings: Obesity Drug Update Is Highly Encouraging
-
What’s Going on With Apple, Tesla, and Alphabet?
-
Apple Earnings: A Weak 2024, but Optimism for 2025
-
4 Utility Stocks to Play the AI Data Center Boom
-
Albemarle Earnings: We Expect Improved Results In the Rest of Year Following Cyclically Low Profits