Oil Rises Ahead of Expected Fall in U.S. Gasoline Stocks
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Oil prices edged higher ahead of U.S. stocks data, which is expected to show a sharp fall in gasoline inventories after tropical storm Harvey caused refinery shutdowns in Texas.
Diesel Gets a Boost After Hurricane Harvey
The price of diesel futures has risen roughly 10% since Harvey tore into the U.S. Gulf Coast and shut down refineries and ports. This has contributed to a shortfall of the fuel in Europe, a region with massive diesel appetites for passenger cars.
Florida Gas Stations Running Out of Fuel as Irma Approaches
Gasoline stations in Florida are running out of fuel as drivers there scramble to fill their tanks and get out of town as Hurricane Irma barrels toward the state.
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Sempra Gets Bankruptcy Court Approval of Oncor Deal
Sempra Energy took a step forward Wednesday in its pursuit of Oncor, the electricity transmissions business that has had takeover offers from a series of suitors, including Warren Buffett's Berkshire Hathaway Energy.
U.S. Crude-Oil Supplies Seen Increasing in DOE Data
U.S. crude-oil inventories are expected to show an increase of 5 million barrels in data due Thursday from the Department of Energy. Gasoline stockpiles are expected to show a decrease of 5.7 million barrels.
Analysts See Large Addition to U.S. Natural-Gas Inventories
Analysts expect government data scheduled for release Thursday to show that stockpiles rose by 66.6 billion cubic feet, more than average for this time of year.
Potentially Dangerous Plume Is Detected in Houston Area
Houston and EPA officials are investigating a potentially hazardous plume of a carcinogenic substance in one neighborhood after a nearby oil refiner reported its operations suffered Harvey-related damage.
Wind Power Wins Converts in Rural U.S.
Wind power is becoming an economic force in rural communities, a development that is changing the political conversation around renewable energy in many parts of the country.
Getting Fuel Flowing Again in Houston Is a Slow Process
Oil refineries around Houston are starting to come back online as the epicenter of the U.S. energy industry begins to recover from Hurricane Harvey. But getting the fuel flowing again isn't as easy as flipping a switch, and some key transport infrastructure remains down.
Hurricane Irma Makes First Landfall in Caribbean
Hurricane Irma walloped several islands in the northeast Caribbean, killing at least nine people and flattening swaths of the island of Barbuda, while officials in Florida pressed hundreds of thousands of residents to evacuate ahead of a possible landfall.
(END) Dow Jones Newswires
September 07, 2017 07:15 ET (11:15 GMT)