United Airlines CEO calls pullback in domestic seats a durable trend
Discover Financial fourth-quarter profit jumps on lower loan loss provisions
Volkswagen says 6% margin target for brand realistic in medium term, analyst says
Bain matches CC Capital's offer for Australia's Insignia Financial at $1.92 billion
White House summarizes Trump orders this week suspending entry at border
Alaska Air beats Q4 profit estimates, sees smaller Q1 loss on robust travel demand
Patrick Mahomes on whether NFL officials favor the Chiefs: 'The referees are doing their best'
Business|Economy|Political|US
Oil eases to one-week low amid Trump tariff uncertainty
Oil prices eased to a fresh one-week low on Wednesday as the market considers how U.S.
Scott DiSavino
Staff Writer
Latest From Scott DiSavino
Business|Economy|US
US drillers cut oil and gas rigs to lowest since Dec 2021, Baker Hughes says
U.S. energy firms this week cut the number of oil and natural gas rigs operating for a second week in a row to the lowest since December 2021, energy services firm Baker
Business|Europe|Finance
Big turnout expected in New York offshore wind power auction
Several offshore wind developers will likely bid in New York's fourth offshore wind solicitation by the Thursday deadline, including units of European energy firms Orsted
Business|Europe|Finance
US offshore wind writedowns seen soaring with Orsted earnings
European energy companies, including Denmark's Orsted, will likely write down more of their U.S. offshore wind investments this week after BP and Equinor booked $840
Business|Economy|Finance|US
Explainer-Why the US offshore wind industry is in the doldrums
By Scott DiSavino and Nerijus Adomaitis (Reuter - Energy giants BP and Norway's Equinor have booked hundreds of millions of dollars worth of impairments on their U.S. offshore wind power portfolios in
Economy|Finance|US
Oil falls to settle at 3-week low as Fed policy stance lifts dollar
Oil prices eased about 1% to a three-week low on a rising U.S. dollar and after the U.S.
Business|Environment|News
Ship shortage dealt death blow to Orsted's NJ offshore wind hopes
Danish energy firm Orsted's shock decision to cancel two offshore wind farms off New Jersey this week was based in large part on big delays securing the ship it needed to
Economy|Finance|MidEast|News|US|World
Oil steady; signs Middle East tensions easing offset higher demand forecasts
Oil prices were little changed on Tuesday, paring early gains on signs tensions in the Middle East could be easing and uncertainty about U.S. oil inventories.
Business|Economy|Finance|US
Oil falls to near 5-month low on OPEC+ cut doubts, demand concerns
Oil prices fell to a near five-month low on Tuesday on a stronger U.S. dollar and demand concerns, putting the market down for a fourth day in a row on doubts
Business|Economy|Finance
Oil eases ahead of Christmas break on possible future Angola output increase
Oil prices eased on Friday ahead of the long Christmas holiday weekend on expectations Angola could increase output after leaving OPEC, but rose for the week on
Business|Environment|US
US offshore wind poised for success next year after turbulent 2023
The U.S. offshore wind industry is eying a brighter 2024, with work expected to start on several projects following a year marked by stalled developments and
Business|Economy|MidEast|News|World
Oil up 1% as Middle East tensions offset US inflation worries
Oil prices gained about 1% on Thursday after Iran seized an oil tanker off the coast of Oman, raising the prospect of escalating conflict in the Middle East.
Business|News|US
US power prices soar ahead of extreme cold and record natgas demand
Frigid weather moving into the central U.S. will boost natural gas demand to record highs early next week, according to analysts forecasts, putting power and gas prices
Business|News|US
US energy firms prepare as extreme freeze could hit natgas supplies
U.S. power and natural gas companies were preparing on Friday for extreme cold over this Martin Luther King Day holiday weekend that is expected to cause record gas
Business|Economy|News|US
Frigid temps cut US natural gas supply as demand soars, Texas faces possible shortfall
U.S. natural gas output fell to a preliminary 11-month low on Sunday as frigid weather froze wells across the country, while gas demand for heating and power generation
Business|US
US natural gas demand hits record high amid severe cold snap
U.S. homes and businesses used a record amount of natural gas on Tuesday as demand for the fuel for heating and power generation soared during an
Business|Economy|Finance|Stock Markets|US
Oil edges up 1% on big US crude withdrawal, China stimulus
Oil prices edged up about 1% on Wednesday on a bigger-than-expected U.S. crude storage withdrawal, a slump in U.S. crude output, Chinese economic stimulus,
Business|Economy
US stands to lose Canadian natural gas when LNG Canada terminal starts up
By Rod Nickel and Scott DiSavino The start-up of LNG Canada, the country's first such export terminal, is likely to strain its natural gas supplies for multiple years and force producers to reduce
Business|Economy|Finance|US
US power and natgas prices turn negative in Texas, California and Arizona
U.S. spot power and natural gas prices turned negative in Texas, California and Arizona for Tuesday as pipeline maintenance trapped gas in the Permian Shale in West Texas
Business|Economy|Finance|News|Stock Markets|US
Oil edges up to one-week high on rising demand hopes after China, US data
Oil prices edged up to a one-week high on Thursday on data from China and the U.S. signaling demand in the world's two biggest crude-consuming nations could climb
Business|Economy|Finance|US
Oil rebounds, gains 1% after US crude draw, lukewarm inflation data
Oil prices rose nearly 1% on Wednesday from a two-month low in the prior session as the market balanced bullish U.S. economic and crude storage data against the
Environment|US
Texas power demand to hit record high for month of May next week
Power use in Texas will likely break records for the month of May next week as homes and businesses crank up their air conditioners to escape a spring heat wave, the
Business|Economy|Finance|News|US
Oil eases on worries about US inflation, interest rates
Oil prices eased less than 1% on Monday as U.S.
Environment|News|US
Texas heat wave sends power demand to all-time high for May
Power use in Texas broke the record for the month of May on Monday and will likely top that high over the next week as homes and businesses keep their air conditioners
Business|News|US
Texas power demand to break May record in heat wave on Friday
Power use in Texas was on track to break the record for the month of May on Friday for a second time this week and could top that again over the Memorial Day weekend as
