Search

News

Oil prices rise as OPEC maintains modest output increase
... OPEC stuck to its policy of incrementally boosting output and as the market considered whether the omicron coronavirus variant may not be as bad as feared. Brent crude futures were $1.03, or 1.6%, higher at $69.96 a barrel by 11: 25 a.m. U.S. West Texas Intermediate WTI crude futures rose by $1.32, or 2%, to $64.84 on ET 1625 GMT. The Organization of the Petroleum Exporting Countries and its allies decided to release more oil into the market in January in line with previous months, as per the decision ...
Updated: 12/02/2021
Gas prices are picking up steam, analyst says
.... He said that it's pushing oil down further and will likely lead to even lower gas prices. It could push the national average to $2.99 per gallon by Christmas , barring any changes in the omicron variant, according to De Haan . The price of West Texas Intermediate crude oil rose to $66.22 a barrel Thursday. OPEC has stuck to a plan to open the petroleum taps bit by bit, even as oil prices surged to seven-year highs until deep production cuts are made during the depths of the epidemic. The meeting ...
Updated: 12/02/2021
Elon Musk moves headquarters to Texas
It moved its headquarters from California's Silicon Valley to Texas. Okinawa The company moved its corporate headquarters to Gigafactory Texas on December 1, 2021, at 13101 Harold Green Road, Austin, Austin and Austin, Texas 78725, the automaker said Wednesday in a filing with the U.S. Securities Exchange Exchange ...
Updated: 12/02/2021
Texas adopts rules to avoid winter freeze
Dec 2, Reuters - The Public Utility Commission PUC of Texas adopted rules to increase coordination between the natural gas and electricity industries to avoid blackouts and other energy emergencies, like last winter's February freeze. Dec 2, Reuters - The Public Utility Commission PUC of Texas adopted ...
Updated: 12/02/2021
Biden to restart Trump-era Remain in Mexico policy: source
... source said. The Washington Post first reported the agreement to restart the policy. Biden had ended the program when he took office this year, calling it inhumane because of the violence migrants faced waiting in Mexico for their court hearings. Texas and Missouri officials sued the administration in April over the suspension of the program, and a federal judge in Texas ordered its reinstatement pending the outcome of the lawsuit in August. The administration fought the order but lost in the ...
Updated: 12/02/2021
Elon Musk: Tesla is now a Texas company
According to paperwork filed with the SEC on Wednesday, Tesla is now a Texas company. Cerberus announced in a Form 8K that its corporate headquarters is now located in Austin. According to paperwork filed with the SEC on Wednesday, Tesla is now a Texas company. The automaker announced in a Form 8K that its corporate ...
Updated: 12/02/2021
Kamala Harris, Symone Sanders are leaving office
U.S. Vice President Kamala Harris walks with Department of Homeland Security DHS Secretary Alejandro Mayorkas and Spokesperson Symone Sanders to board Air Force Two at El Paso International Airport in El Paso, Texas, June 25, 2021. U.S. Vice President Kamala Harris walks with Department of Homeland Security DHS Secretary Alejandro Mayorkas and Spokesperson Symone Sanders to board Air Force Two at El Paso International Airport in El Paso , Texas , June ...
Updated: 12/02/2021
Oil prices rebound on Omicron fears
... Reuters -- Oil prices went up on Thursday, a rebound from the previous day's losses, on expectations that OPEC might pause supply additions due to concerns that the Omicron coronaviruses variant could affect the global economy and fuel demand. U.S. West Texas Intermediate WTI crude futures gained 48 cents, or 0.7%, to $66.05 a barrel by 0140 GMT, after a 0.9% drop on Wednesday. The price of crude futures was up 48 cents, or 0.7%, at $69.35, having slipped 0.5% in the previous session. According to Toshitaka ...
Updated: 12/02/2021
Sort by relevance | Sorted by date