Dow Jones Top Energy Headlines at 12 AM ET: The Moment the Clean-Energy Boom Ran Into 'Drill, Baby, Drill' | OPEC+ ...

Dow Jones
Jul 07, 2025

The Moment the Clean-Energy Boom Ran Into 'Drill, Baby, Drill'

Renewable-energy companies are bracing for the end of government subsidies after the passage of Trump's 'big beautiful bill.'

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OPEC+ to Increase Output by 548,000 Barrels a Day in August. What it Means for Oil Markets.

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Oil Gives Back Some Gains With OPEC+ in View

Crude futures settled lower. The market was restrained by the widely held view that OPEC+ will agree to bring back another 411,000 barrels a day in August.

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U.S. Natural Gas Retreats Ahead of Long Weekend

U.S. natural gas futures fell going into the long weekend with potential shifts in weather forecasts that could alter demand expectations.

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Gold Reserve Emerges as Top Bidder for Venezuela's Citgo

A court-appointed special master recommended a bid backed by Gold Reserve and Koch over a rival hedge-fund offer.

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Energy & Utilities Roundup: Market Talk

Find insight on oil futures, Canada's narrowing energy surplus, crude futures, and more in the latest Market Talks covering energy and utilities.

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U.S. Crude Oil Stockpiles Post Surprise Build as Exports Fall

U.S. crude oil inventories rose by 3.8 million barrels, as imports increased and exports fell sharply from the week before.

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Can OPEC+ flood the world with crude? It's harder than oil traders think.

A portfolio manager pointed out a "unique" market development that could already be helping to tighten global crude inventories, even as major oil producers look to boost output for a fifth straight month.

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Google Signs Deal to Buy Fusion Energy From Bill Gates-Backed Nuclear Startup

The tech giant is betting that Commonwealth Fusion Systems could start producing fusion power next decade.

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Canada Loads First Ever LNG Cargo to Asia

LNG's role in Asia's energy mix looks set to keep growing as countries turn to the lower-carbon fuel to meet their green energy goals.

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Wall Street Banks Nudge Oil Price Forecast Higher But Outlook Stays Bearish

Major Wall Street banks modestly lifted their oil-price forecasts after geopolitical risks flared in the Middle East, but concerns over a global supply glut and uncertain demand prospects continue to weigh on crude.

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Senate Megabill Stuns the Clean Energy Industry With New Tax on Wind and Solar

Elon Musk calls the Senate's latest version of the spending bill 'utterly insane and destructive.'

 

(END) Dow Jones Newswires

July 07, 2025 00:00 ET (04:00 GMT)

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