Energy industry

A man looks at an electronic stock board of a securities firm in Tokyo, Wednesday, Jan. 8, 2020. Oil prices rose and Asian stock markets fell Wednesday after Iran fired missiles at U.S. bases in Iraq in retaliation for the killing of an Iranian general. Tokyo's stock market benchmark fell nearly 2%.(AP Photo/Koji Sasahara)
January 08, 2020 - 4:04 am
BEIJING (AP) — Oil prices rose and global stock markets fell Wednesday after Iran fired missiles at U.S. bases in Iraq in retaliation for the killing of an Iranian general. Brent crude futures, the benchmark for international oils, spiked more than $3 per barrel in London before retreating. Stock...
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FILE - In this Dec. 11, 2019, file photo Federal Reserve Chair Jerome Powell arrives to speak at a news conference after the Federal Open Market Committee meeting in Washington. On Thursday, Jan. 2, 2020, the Federal Reserve releases minutes from its December meeting when it kept its key interest rate unchanged. (AP Photo/Jacquelyn Martin, File)
SKY News
January 03, 2020 - 2:28 pm
WASHINGTON (AP) — The Federal Reserve’s policymaking committee saw much less risk of recession at its meeting last month, when it kept interest rates steady after three straight cuts and signaled that it expected to keep low rates unchanged through this year. Minutes of the December meeting,...
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FILE - In this file photo dated 1990, Aramco refinery at Ras Tannura, Saudi Arabia. The price of oil surged Friday Jan. 3, 2020, as global investors were gripped with uncertainty over the potential repercussions and any retaliation, after the United States killed Iran's top general Qassem Soleimani.(AP Photo/FILE)
SKY News
January 03, 2020 - 12:47 pm
LONDON (AP) — Crude prices on Friday had the largest one-day spike since a September attack on the world's largest oil processing facility in Saudi Arabia after the U.S. killed Iran's top general in a drone strike. If sustained, the rise in oil prices could push the cost of gasoline, heating fuel...
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In this Tuesday, Dec. 3, 2019, photo, visitors look at the ship models exhibited by the China State Shipbuilding Corporation (CSSC) during the Marintec China exhibition in Shanghai, China. China's government promised Monday, Dec. 23, 2019, to open its oil, telecom and power markets wider to private competitors as the ruling Communist Party tries to shore up growth in the slowing, state-dominated economy. (Chinatopix via AP)
SKY News
December 23, 2019 - 8:12 am
BEIJING (AP) — China said Monday it will reduce tariffs Jan. 1 on more than 850 foreign products including frozen pork, asthma medications and some high-tech components to spur economic development. The announcement followed an interim trade agreement with Washington in a tariff war that has...
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The U.S. Capitol in Washington is shrouded in mist, Friday night, Dec. 13, 2019. This coming week’s virtually certain House impeachment of President Donald Trump will underscore how Democrats and Republicans have morphed into fiercely divided camps since lawmakers impeached President Bill Clinton.(AP Photo/J. Scott Applewhite)
SKY News
December 17, 2019 - 8:14 pm
WASHINGTON (AP) — The Democratic-controlled House voted Tuesday to pass a $1.4 trillion government spending package, handing President Donald Trump a victory on his U.S.-Mexico border fence while giving Democrats spending increases across a swath of domestic programs. The hard-fought legislation...
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Demonstrators set fire to a rendition of the U.S. flag during a rally in front of the former U.S. Embassy in Tehran, Iran, Monday, Nov. 4, 2019. Reviving decades-old cries of "Death to America," Iran on Monday marked the 40th anniversary of the 1979 student takeover of the U.S. Embassy in Tehran and the 444-day hostage crisis that followed as tensions remain high over the country's collapsing nuclear deal with world powers. (AP Photo/Vahid Salemi)
AP
November 04, 2019 - 6:43 pm
TEHRAN, Iran (AP) — Iran on Monday broke further away from its collapsing 2015 nuclear deal with world powers by doubling the number of advanced centrifuges it operates, linking the decision to U.S. President Donald Trump's withdrawal from the agreement over a year ago. The announcement — which...
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Firefighters work on a house destroyed by a wildfire called the Getty Fire in Los Angeles, Monday, Oct. 28, 2019. (AP Photo/Ringo H.W. Chiu)
AP
October 29, 2019 - 3:40 pm
SANTA ROSA, Calif. (AP) — Frustration and anger mounted across Northern California as the state's biggest utility began another round of fire-prevention blackouts Tuesday that could leave millions of people without electricity, some for five days or longer. The shut-offs, aimed at keeping windblown...
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Concerned residents try to stabilize the 55-foot sailboat Fearless, which was damaged after it washed into a wharf in Mattapoisett harbor due to strong overnight winds, Thursday morning, Oct. 17, 2019, in Mattapoisett, Mass. ( Peter Pereira/Standard Times via AP)
October 17, 2019 - 11:08 am
BOSTON (AP) — A powerful autumn storm plunged hundreds of thousands of people into the dark, toppled trees, canceled schools and delayed trains Thursday in the Northeast. The nor'easter brought high winds and rain to the region Wednesday and Thursday. In Massachusetts, wind gusts reached as high as...
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FILE - In this Sept. 13, 2019, file photo the logo for Union Pacific appears above a trading post on the floor of the New York Stock Exchange. Union Pacific Corp. reports financial results Thursday, Oct. 17. (AP Photo/Richard Drew, File)
October 17, 2019 - 9:44 am
OMAHA, Neb. (AP) — The slowing economy and ongoing trade disputes are dragging railroad profits down in the second half of the year. Union Pacific and CSX railroads both reported declining profit and revenue as they hauled less grain, imported goods and other products. Union Pacific said volume...
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Ryan Piper with the United Auto Workers continues to picket after news of a tentative contract agreement with General Motors, in Langhorne, Pa., Wednesday, Oct. 16, 2019. Bargainers for General Motors and the United Auto Workers reached a tentative contract deal on Wednesday that could end a monthlong strike that brought the company's U.S. factories to a standstill. (AP Photo/Matt Rourke)
AP
October 16, 2019 - 11:17 pm
DETROIT (AP) — On the picket lines at a General Motors transmission plant in Toledo, Ohio, passing cars honked and striking workers celebrated a tentative contract deal by munching on 10 pizzas dropped off by a supporter. They had carried signs for 31 days and demonstrated the muscle the United...
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