Oil prices end higher as a rise in gasoline demand helps ease economic growth fears 
 

Oil futures settled higher Wednesday, finding support from overall weakness in U.S. dollar, as well as data from the Energy Information Administration showing a notable weekly rise in gasoline demand and a nearly 6-million-barrel drop in supplies of the motor fuel.

 
U.S. Crude Oil Stockpiles Rise For Second Straight Week 
 

U.S. crude oil inventories increased by 1.4 million barrels, with an increase in production and net imports, while gasoline stocks fell more than expected as demand picked up.

 
OPEC Sticks to Oil-Demand View Ahead of Output Hike 
 

The cartel still expects demand to grow by 1.45 million barrels a day this year and 1.43 million barrels a day the next, bolstered by strong air travel demand and road mobility.

 
Wind and Solar Overtake Coal Power for First Time in U.S. 
 

The two renewable energy sources accounted for 17% of the country's power mix while coal fell to a low of 15%. Natural gas remains by far the largest source of electricity, accounting for 43%.

 
CEO Balks at Trump's Northeast Gas Pipeline Plan 
 

The Williams Cos. CEO said on Tuesday that he isn't willing to undertake the project as long as the region's governors oppose it.

 
Energy & Utilities Roundup: Market Talk 
 

Find insight on Harbour Energy, Manila Electric, crude futures and more in the latest Market Talks covering Energy and Utilities.

 
Clean-Energy Stocks Are Jumping as S&P 500 Dropped 
 

Stocks of Enphase Energy, AES, and Nextera Energy gained ground. The industry has lagged behind the market for the past two years.

 
Energy Chief Pushes for Natural Gas Pipelines, Exports. Oil Slumps on Tariff Threat. 
 

Chris Wright also signed a permit extension for a natural gas export terminal in Louisiana.

 
Ontario Confirms 25% Surcharge on Electricity Shipped to U.S. 
 

The Canadian province of Ontario officially imposed a 25% surcharge on all its electricity exports to the U.S., which officials say will affect 1.5 million households and businesses in Michigan, Minnesota and New York.

 
Whitecap Resources, Veren to Merge in a $10.4 Billion All-Share Deal 
 

Whitecap Resources and Veren have agreed to combine their companies in $10.44 billion deal that will enlarge their Alberta oil and gas footprint.

(END) Dow Jones Newswires

March 13, 2025 00:00 ET (04:00 GMT)

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