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Brent oil prices hit a high for the year above $40 a barrel on Monday after data showed a smaller-than-expected build in U.S. crude stockpiles, helping U.S. stocks extend recent gains. Brent was last up $1.87 at $40.59, while U.S. crude rose $1.58 to $37.50. That lifted shares of energy stocks, which led gains in […]
Brent crude futures rose as much as 3 percent on Monday, adding to strong gains last week, on rising hopes that the market has bottomed out and as OPEC kingpin Saudi Arabia said it would work with other producers to limit oil market volatility. Brent futures were trading at $36.15 per barrel at 11:26 a.m. […]
Despite heavy rains, more than 300 guests gathered at the Houstonian Hotel on Feb. 23 for HBJ’s Conversation with Houston’s Energy Leaders breakfast. The heavy rain served as a metaphor for the current state of the oil industry, and energy leaders offered their take on how to weather the storm for the rest of 2016. […]
Last week, the Supreme Court threw U.S. and international climate policy into turmoil by freezing President Obama’s Clean Power Plan while it is being challenged before the U.S. Court of Appeals for the D.C. Circuit. But matters took a turn over the weekend with the death of Justice Antonin Scalia, whose absence from the high […]
Wall Street was higher on Monday as prices of crude oil and other commodities surged, pointing to an uptick in investors’ risk appetite following a rout in global markets. Crude prices were up more than 5 percent after data showed a fall in U.S. rig counts and the International Energy Agency said it expects U.S. […]
La fianza de Buena Calidad es aquella que se utiliza para garantizar la reparación del bien, obra o servicio pactado en el contrato y en el que se compruebe la existencia de vicios ocultos, además garantiza que no exista alguna falla escondida que se descubra con el transcurso del tiempo, previamente fijado en el contrato y […]
Oil rose to $35 a barrel on Thursday after Iran welcomed plans by Russia and Saudi Arabia to freeze output and an industry report showed a surprise drop in U.S. inventories. The gain added to a more than 7 percent surge in the previous session, which came even though analysts said the market had overreacted […]
As the debate over climate change rages on — with some fervently believing we need to curb our fossil fuel usage, while others think it is a global hoax — there’s one thing we know for certain: South Texas has plenty of wind. And harnessing that wind can supply electricity and energy, not only for […]
Russia wants to see improved relations between Iran and Saudi Arabia at a time when joint action is needed to influence global oil prices, the RIA news agency on Monday quoted Zamir Kabulov, a senior official at Russia’s Foreign Ministry, as saying. Russia, one of the world’s top oil producers, has repeatedly refused to cooperate […]
World stocks rose sharply on Monday as China’s central bank fixed the yuan at a much stronger rate and oil cemented recent gains, easing fears of global deflation. The rally belied a string of poor economic data from Beijing and Tokyo as demand for safe-haven assets waned, yet investors remained on edge due to lingering […]
