BEIJING (AP) -- The U.S. energy secretary said Friday he sees the global oil market coming into balance over the next year as rising demand catches up with a two-year-old supply glut that depressed prices....

BING NEWS:
  • Oil settles higher on supply concerns in the Mideast, economic woes subdue gains
    Oil prices rose on Friday, on track to end higher this week after two straight weeks of losses, after a top U.S. official expressed optimism over economic growth and as supply concerns lingered due to ...
    04/26/2024 - 7:19 am | View Link
  • 'End of oil not in sight', OPEC Secretary General says in MEES article
    The end of oil is not in sight, OPEC's top official said, as the pace of energy demand growth means that alternatives cannot replace it at the needed scale, and the focus should be on cutting ...
    04/26/2024 - 6:40 am | View Link
  • The ambitions of China’s BYD stretch well beyond electric vehicles
    The company’s global plans range from solar modules and electric buses, trucks and trains to complex transport systems. But is it trying to do too much?
    04/24/2024 - 5:00 pm | View Link
  • Analyst Currie sees chances for $100-plus oil 'extraordinarily high'
    Crude oil futures rise as market focus shifts to economic indicators, with support from euro zone data that showed business activity expanding at the fastest pace in nearly a year.
    04/23/2024 - 11:15 am | View Link
  • Morning Bid: Tanking Tesla reports, Europe business beats
    World markets have cheered up a bit this week, but ailing Tesla's tanking stock price faces a critical earnings test later on Tuesday and this month's European business pulse proved surprisingly racy.
    04/22/2024 - 11:04 pm | View Link
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