Energy Archives - Rush Hour Daily

US energy firm payouts to oil investors top exploration spending for first time

According to a report released on Tuesday, top U.S. energy companies paid out more of their earnings to shareholders than they invested in new oil and gas fields for the…

By News Team August 22, 2023

S&P 500 ends near flat as energy, defensive sectors counter megacap declines

The S&P 500 closed almost unchanged on Friday, with defensive sectors and energy stocks offsetting the weakness in megacap growth stocks. Investors are now focusing on Federal Reserve Chair Jerome…

By News Team August 18, 2023

s&p-500-ends-near-flat-as-energy,-defensive-sectors-counter-megacap-declines

US gasoline prices at year high, tight supply weighs on motorists

U.S. motorists are taking advantage of the last opportunity for travel before Memorial Day and the start of the school year, despite the fact that pump prices have reached their…

By News Team August 15, 2023

us-gasoline-prices-at-year-high,-tight-supply-weighs-on-motorists

Insight: Obscure traders ship half Russia’s oil exports to India, China after sanctions

A little-known trading company based in Hong Kong, Guron Trading, became the new owner of a Liberian-flagged oil tanker carrying crude from Russia to India. This is part of a…

By News Team July 27, 2023