Energy industry

A currency trader works near the screens showing the Korea Composite Stock Price Index (KOSPI), left, and the foreign exchange rate between U.S. dollar and South Korean won at the foreign exchange dealing room in Seoul, South Korea, Monday, Nov. 12, 2018. Asian markets were mostly higher on Monday ahead of key economic data, such as industrial production figures from China and Japan later in the week. (AP Photo/Lee Jin-man)
November 11, 2018 - 10:34 pm
SINGAPORE (AP) — Asian markets were mostly higher on Monday ahead of key economic data, such as industrial production figures from China and Japan later in the week. KEEPING SCORE: Japan's Nikkei 225 added 0.2 percent to 22,284.23. Hong Kong's Hang Seng rose 0.5 percent to 25,716.59. The Shanghai...
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November 11, 2018 - 6:44 pm
Momentum seems to be growing among major oil producers to reduce output in an effort to end a slump in prices. Saudi Arabia's energy minister said Sunday that the kingdom will reduce exports by about 500,000 barrels a day from November to December. Khalid al-Falih made the comment at a meeting of...
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Firefighters work to keep flames from spreading through the Shadowbrook apartment complex as a wildfire burns through Paradise, Calif., on Friday, Nov. 9, 2018. (AP Photo/Noah Berger)
November 09, 2018 - 10:12 pm
LOS ANGELES (AP) — The Latest on California's wildfires (all times local): 7:10 p.m. Pacific Gas & Electric Company says it will cooperate with any investigations stemming from a massive wildfire in Northern California. The utility told state regulators Thursday that it experienced a problem on...
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Trader Vincent Napolitano, left, works on the floor of the New York Stock Exchange, Friday, Nov. 9, 2018. Stocks are falling as energy companies are dragged lower by the continuing plunge in crude oil prices. (AP Photo/Richard Drew)
November 09, 2018 - 2:56 pm
NEW YORK (AP) — U.S. stocks are falling Friday as technology and internet companies take steep losses. Energy companies are also lower as crude oil heads for its 10th drop in a row. The price of oil has been falling steadily since early October and is now trading at its lowest price since March,...
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FILE - In this March 24, 2017 file photo, President Donald Trump, flanked by Commerce Secretary Wilbur Ross, left, and Energy Secretary Rick Perry, is seen in the Oval Office of the White House in Washington, during the announcing of the approval of a permit to build the Keystone XL pipeline, clearing the way for the $8 billion project.A federal judge in Montana has blocked construction of the $8 billion Keystone XL Pipeline to allow more time to study the project's potential environmental impact. U.S. District Judge Brian Morris' order on Thursday, Nov. 8, 2018, came as Calgary-based TransCanada was preparing to build the first stages of the oil pipeline in northern Montana. Environmental groups had sued TransCanada and The U.S. Department of State in federal court in Great Falls. (AP Photo/Evan Vucci, File)
November 09, 2018 - 2:23 pm
WASHINGTON (AP) — In a setback for the Trump administration, a federal judge has blocked a permit for construction of the Keystone XL oil pipeline from Canada and ordered officials to conduct a new environmental review. Environmentalists and tribal groups cheered the ruling by a U.S. district judge...
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FILE- In this Friday, Oct. 26, 2018, file photo trader Robert Moran works on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Friday, Nov. 9. (AP Photo/Richard Drew, File)
November 09, 2018 - 10:24 am
NEW YORK (AP) — U.S. stocks are falling Friday as energy, technology and internet companies move lower. Crude oil is on track to drop for the tenth day in a row and is trading at its lowest price since March, leading to steep losses for oil companies in recent weeks. Stocks have fallen over the...
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FILE- In this Sept, 17, 2018, file photo tomatoes go through a washing process at the Los Gatos Tomato Products plant in Huron, Calif. On Friday, Nov. 9, the Labor Department reports on U.S. producer price inflation in October. (AP Photo/Marcio Jose Sanchez, File)
November 09, 2018 - 8:38 am
WASHINGTON (AP) — U.S. wholesale prices rose by the most in six years last month, led higher by more expensive gas, food, and chemicals. The Labor Department says the producer price index — which measures price increases before they reach the consumer — leapt 0.6 percent in October, after a smaller...
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An investor walks in front of private stock trading boards at a private stock market gallery in Kuala Lumpur, Malaysia, Friday, Nov. 9, 2018. Asian stock markets fell Friday after a post-election Wall Street rally faded amid expectations of U.S. interest rate hikes despite the Federal Reserve's decision to hold off this week. (AP Photo/Yam G-Jun)
November 09, 2018 - 4:54 am
BEIJING (AP) — Global stock markets fell Friday after a post-election Wall Street rally faded and the U.S. Federal Reserve suggested it will keep raising interest rates. KEEPING SCORE: In early trading, Germany's DAX lost 0.6 percent to 11,450.04 and France's CAC 40 lost 0.6 percent to 5,097.99...
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Traders Eric Schumacher, left, and Richard Deviccaro work on the floor of the New York Stock Exchange, Thursday, Nov. 8, 2018. Stocks are opening modestly lower on Wall Street as the market gives back some of its big gains from the day before. (AP Photo/Richard Drew)
November 08, 2018 - 10:35 pm
BEIJING (AP) — Asian stock markets fell Friday after a post-election Wall Street rally faded amid expectations of U.S. interest rate hikes despite the Federal Reserve's decision to hold off this week. KEEPING SCORE: The Shanghai Composite Index lost 0.8 percent to 2,614.37 and Tokyo's Nikkei 225...
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The Norwegian frigate KNM Helge Ingstad takes on water after a collision with the tanker Sola TS, in Oygarden, Norway, Thursday Nov. 8, 2018. Norway's military says the 127-man crew on a Navy frigate has been evacuated after the ship was rammed by a Malta-flagged tanker while docked in a Norwegian harbor. Seven people were slightly injured. (Marit Hommedal/NTB Scanpix via AP)
November 08, 2018 - 6:21 am
COPENHAGEN, Denmark (AP) — A Norwegian Navy frigate was rammed by a tanker while it was docked in a harbor on the country's west coast Thursday, the military said. The crew of 127 was evacuated amid fears the ship will sink. Eight people on the KNM Helge Instad were slightly injured when the...
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