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Crude oil prices on Wednesday in the USA rose sharply, breaking through $82 per barrel.
On the morning of the 11th of Peking Time, the American WTI crude oil closed higher on Wednesday. The decrease in US crude oil inventories and the Organization of the Petroleum Exporting Countries(OPEC)'s forecast for strong economic growth this year supported oil prices. The West Texas Intermediate(WTI) crude oil futures for August delivery on the New York Mercantile Exchange rose 69 cents, or 0.85%, to settle at $82.10 a barrel. The Brent crude oil futures for September delivery on the Intercontinental Exchange in Europe rose 42 cents, or 0.5%, to settle at $85.08 a barrel. The Energy Information Administration(EIA) of the United States
U.S. Energy to Sell South Texas Assets for $6.5M in Cash
Enagas, the Spanish company, has sold assets in the USA to finance their green hydrogen plan.
Enagas, the Spanish natural gas and electricity grid operator, stated on Wednesday that it has agreed to sell its 30.2% stake in Tallgrass Energy, a US energy infrastructure company, to fund a green hydrogen energy project. In a statement, Enagas said that Blackstone BX.N, the US investment firm that currently holds Tallgrass shares, will pay $1.1 billion for the stake. Enagas expects the transaction to bring in capital gains of 0.36 billion euros ($0.38938 billion), with completion expected by the end of this month.
Express News | U.S. Energy Shares Are Trading Higher After the Company Announced That It Executed Definitive Documents for the Sale of Its Assets Located in South Texas for $6.5 Million
Express News | US Energy-Due to Effects From Hurricane Beryl on Co's Headquarters,Employee Base,Investor Call to Discuss Co's Transaction,Been Rescheduled for July17
U.S. Energy Corp. Reschedules Investor Call to July 17 at 10:00 A.m. ET Due to Hurricane
U.S. Energy Corp. Reschedules Investor Call to July 17 at 10:00 A.m. ET Due to
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