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Today in Energy
- EIA expects record U.S. natural gas consumption in 2025
- Alaska residents spent three times more on energy than Florida residents in 2023
- U.S. developers report half of new electric generating capacity will come from solar
- U.S. natural gas storage levels remain above average through injection season
- Even without hurricanes, customers in Puerto Rico lose about 27 hours of power per year
- The United States exported 30% of the energy it produced in 2024
Energy
- Orsted shares tumble 17% as U.S. government halts wind project construction
- Solar executives warn that Trump attack on renewables will lead to power crunch that spikes electricity prices
- India, Russia vow to deepen trade ties, defying Trump’s tariff threats over oil
- CNBC Daily Open: Tech sell-off? Investors could just be taking profit and enjoying the summer
- CNBC Daily Open: The U.S. tech-sell off extends to its second day — but don't let it ruin your summer
- Trump says U.S. will not approve solar or wind power projects
Commodities & Energy
- China bans export of critical minerals to US as trade tensions escalate
- Chevron beats quarterly profit expectations on higher oil output
- OPEC+ could delay December oil output hike, sources say
- BP drops oil output target in strategy reset
- Workers at BHP’s Escondida copper mine will strike after failing to reach agreement
- Traders face $1 bln loss on faltering Ghana cocoa supply