News Highlights: Top Energy News of the Day - Tuesday at 7 AM ET
Oil Prices Rise Again. It's Not Just About Middle East Tensions.
Markets are still anxiously awaiting Israel's response to Iran's attacks over the weekend. A further escalation of the conflict could lead to a significant spike in oil prices.
Wall Street Is Betting OPEC+ Can Fend Off $100 Oil
Traders expect spare capacity will cap crude prices despite the conflict in the Middle East.
Big Oil Companies Warm to Biden After Years of Bad Blood
Once a favorite foil of the White House, some U.S. oil executives have reached an unlikely truce with the president's lieutenants.
The Home-Solar Boom Gets a 'Gut Punch'
The nation's biggest residential solar market is tanking and installations could decline 13% nationwide, despite a clean energy push.
Energy-Guzzling AI Is Also the Future of Energy Savings
Data centers need more power because of artificial intelligence, but other buildings can use the technology to conserve.
Putin Told IAEA Russia Plans to Restart Zaporizhzhia Nuclear Plant
The Ukrainian plant is currently under Russian occupation. It is perched on a front line, artillery passing overhead, and encircled by Russian land mines.
IEA Expects Global Oil-Demand Growth to Slow Further in 2025
The International Energy Agency cut its forecast for oil-demand growth this year and said the pace of expansion is set to further decelerate in 2025 as the post-pandemic rebound runs its course and the electric-vehicle rollout weighs on consumption.
Plastic Is Everywhere. Now Big Oil Companies Are Producing Even More of It.
With gasoline's days numbered, oil companies are sending huge amounts of their production to chemical plants for plastic. What it means for companies and the environment.
Elon Musk Bromance With Argentine President Leads to First Meeting
After months of endorsing each other on X, Musk and Javier Milei look to build ties on lithium resources and the installation of Starlink in Argentina.
OPEC Sticks to Oil Demand View, Cuts Non-OPEC Supply Growth Forecast
The Organization of the Petroleum Exporting Countries left its estimates for global oil-demand growth unchanged, but lowered its forecast for non-OPEC supply growth for this year and next.
(END) Dow Jones Newswires
April 16, 2024 07:15 ET (11:15 GMT)
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