Goldman Sachs raises oil price forecasts on speedy market rebalancing
Goldman Sachs raised its Brent crude price forecasts on Thursday, saying oil markets have rebalanced six months sooner than expected.
Shell's 2017 profits more than double
Royal Dutch Shell profit more than doubled in the fourth quarter of 2017 to $4.3 billion, slightly ahead of forecasts.
Asian markets mixed after Fed keeps rate unchanged
Stocks moved higher in early trading Wednesday after several big U.S. companies reported strong quarterly results.
Business Highlights
___ Fed leaves key rate unchanged at Yellen's final meeting WASHINGTON (AP) — The Federal Reserve has left its benchmark interest rate unchanged but signaled that it expects to resume raising rates gradually to reflect a healthy job market and economy.
Oil giant Shell wins 9 blocks in Mexican deep water bidding
Royal Dutch Shell has won nine of the 29 deep-water oil exploration blocks Mexico put up for bid in the Gulf of Mexico.
Study: Federal utility shifts costs to residential customers
A study says the nation's largest public utility has given large businesses breaks on electric rates over six years while residential customers' rates increased.
Energy industry eyes green mandate rollback under Trump
Energy use in the U.S.
Dutch cut gas firm out of quake damage compensation process
Dutch authorities have brokered a new agreement about how to compensate damages suffered by homeowners in the northeastern Netherlands due to earthquakes caused by gas extraction.
Egypt thanks Eni for gas field efforts despite Regeni affair
Egypt's president has again accused unknown parties of being behind the 2016 murder of an Italian researcher, alleging a plot to sabotage bilateral relations during a ceremony marking the start of a massive gas project with Italian energy firm Eni.
Asian stocks mixed after Wall Street's sharp decline
U.S. stocks fell sharply in early trading Tuesday, extending the market's losses from a day earlier.
Judge rejects bid to suspend Louisiana pipeline construction
A federal judge has refused to order a temporary halt to construction of a crude oil pipeline through an environmentally fragile river swamp in south Louisiana.
Business Highlights
___ Amazon, Buffett and JPMorgan join forces on health care Three of corporate America's heaviest hitters — Amazon, Warren Buffett and JPMorgan Chase — have sent a shudder through the health care industry by announcing plans to create a company that would provide their employees with high-quality, affordable coverage.
Markets Right Now: Stocks have biggest drop since August
The latest on developments in financial markets (All times local): 9:35 a.m.
Park Service seeks further review of North Dakota refinery
The National Park Service wants further review of an oil refinery proposed near North Dakota's Theodore Roosevelt National Park to see how emergency flaring could affect air quality.
Chesapeake Energy announces hundreds of layoffs
Once the star of the energy patch, Chesapeake is cutting 13% of its workforce.
Global stocks sink as investors turn more cautious
Asian shares skidded Tuesday following Wall Street's biggest loss in more than four months.
Venezuelans 'loot to eat' amid economic tailspin
The cab of Carlos Del Pino's big rig gave him a nerve-rattling front-row seat to a surge in mob attacks on Venezuela's neighborhood markets, cattle ranches and food delivery trucks like his.
Coal firms plead to courts, Trump for West Coast export terminals
The ailing U.S. coal industry is ramping up its political and legal offensive to win approval for West Coast export terminals that could provide a lifeline to lucrative Asia markets.
Asian shares lower, tracking modest pullback on Wall Street
The major U.S. stock indexes were down slightly in early trading Monday, as losses in technology companies outweighed gains elsewhere.
Washington governor rejects permit for oil-by-rail terminal
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