Slide in Oil Futures Lose Momentum
Crude oil futures pulled up from earlier lows, but not enough to avoid a fourth consecutive session of losses with prices consolidating as the market awaits more clarity on the outcome of U.S. tariffs and sanctions against Russia.
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U.S. Crude Oil Stockpiles Fall More Than Expected
U.S. crude oil inventories declined by 3.2 million barrels as domestic production and imports fell while exports picked up.
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GE Vernova Stock Soared on Earnings Beat. Wall Street Loves the Power Firm.
The power company posted strong second-quarter earnings, and raised full-year financial guidance.
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Equinor Takes Near $1 Billion Hit From Trump Flip-Flop on Offshore Wind
Norwegian energy giant said stalling of construction of its Empire Wind project off the New York coast and an issue with a lease cost the company $955 million.
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Halliburton Sees Softer Oilfield Services Market as Profit, Revenue Slide
Halliburton expects the oilfield services market will be softer than previously thought after logging lower second-quarter profit and revenue.
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U.K. Government Approves $51 Billion Sizewell C Nuclear Power Plant
The government said it will take an initial 44.9% stake in the 3.2 gigawatt nuclear power station in southeast England, becoming the project's biggest shareholder.
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Energy & Utilities Roundup: Market Talk
Find insight on crude oil, Iberdrola, Equinor and more in the latest Market Talks covering Energy and Utilities.
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How China Curbed Its Oil Addiction-and Blunted a U.S. Pressure Point
The Chinese government is boosting domestic production and the EV industry in the name of national security. There are 14 million chargers nationwide.
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Galp Gets Offers for Mopane Discovery in Namibia
The company was analyzing the offers and is confident it will have a partnership deal this year.
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BP Names Albert Manifold Chairman Amid Strategy Shift
The energy giant picked an energy-industry outsider to oversee a strategy revamp aimed at reviving the oil major's fortunes.
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Why cheaper power looks unlikely as Trump's big budget law reshuffles the U.S. energy landscape
President Donald Trump's One Big Beautiful Bill Act, signed into law earlier this month, will likely change the nation's energy landscape - potentially leading to higher power costs just as the race to grow artificial intelligence heats up.
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Chevron's Victory in the Oil-Patch Brawl Was a Much-Needed Win
The acquisition of Hess-and its stake in a generational oil find-helps clear up lingering doubts about Chevron's growth prospects.
(END) Dow Jones Newswires
July 24, 2025 00:00 ET (04:00 GMT)
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