US President Trump directs Department of Energy to issue funds to coal plants in states including West Virginia and Ohio
This directive from President Trump to support coal plants represents a significant pivot towards fossil fuels at a time when the sector faces pressures from renewable energy directives and climate policies.
US President Trump and Chinese President Xi are poised to extend trade truce by up to a year during April meeting in Beijing, according to SCMP citing people familiar with discussions
UK Chancellor Reeves is to limit the deregulatory drive as she seeks closer UK relations with the EU, according to FT
US President Trump directs Department of Energy to issue funds to coal plants in states including West Virginia and Ohio
US Energy Secretary Wright says US wants no conflict and no military action for the Americas
Venezuela's interim President Rodriguez says hopes relationship with US progresses without obstacles; talked with US Energy Secretary about deals on oil, gas, power, and mining; look forward to move forward as fast as possible
Open the platform and use it. The whole workspace is free to try, with no signup and no card. When you want the headlines arriving live instead of on a delay, Newsquawk Pro is £24.99 for 7 days.
Says:
- I'm not a big fan of those crazy, China-made windmills.
- Tennessee Valley Authority has taken action to save two major coal plants in Tennessee.
- Coal is the most dependable form of energy we have.
- Will sign an order directing the Pentagon to buy electricity from coal-fired power plants in a move to boost the sector.
This could bolster expectations for coal's role in the energy mix, influencing energy prices and potentially affecting commodities like WTI and natural gas. The implications may also resonate across equities and currencies, particularly those correlated with energy sectors.
Related headlines
- US President Trump clarifies that Commerce Secretary Lutnick had Venezuela on his mind when he said nobody was killed, adds that 18 people were killed in Iran38 min ago
- US President Trump posts image of 20mln BPD through the Hormuz vs. 18mln BPD before59 min ago
- US Daily Equity Opening News - MSFT to report quarterly Azure sales; AVGO slips on outlook; HPE falls amid supply constraints; VRNS in take-private talks; Elliott urges DTEGY to reconsider TMUS merger; DEC to acquire Birch Resources for USD 1.8bln3 hours ago
- [MARKET ANALYSIS] Crude takes a breather after a choppy mid-week; metals mixed3 hours ago
- [MARKET ANALYSIS] Yields slip off best levels as energy benchmarks edge lower; JGBs in focus following a GPIF meeting and BoJ sources3 hours ago
- EUROPEAN OPEN: EZJ LN & ITH LN join FTSE 100, ENT LN & PSN LN to leave; DTE GY faces Elliott push against TMUS merger; VOD LN to launch first UK TV service; SHEL LN acquires BP/ LN stakes in offshore blocks5 hours ago
- [MARKET ANALYSIS] European bourses tilt higher, Elliott reportedly pushes DTE GY to scrap TMUS merger; AVGO misses Q4 guidance estimates3 hours ago
- PRIMER - Today’s Fedspeak includes: Waller, Hammack, Goolsbee41 min ago
- India's Trade Minister says final trade agreement between US and India will be published as soon as the US can provide India with tariff advantages 5 hours ago
- UAE President received a phone call from US Presiednt Trump; the two discussed cooperation and developments in the Middle East, WAM reports6 hours ago
- Ukrainian Navy says it struck a Russian support vessel in Sochi port52 min ago
- Russian Deputy PM Novak says OPEC's role in the market remains important; will continue to exert significant influence on the oil market because of its high output6 hours ago
- PRE-MARKET INDIAN STOCKS NEWS: Oil and Natural Gas Corporation (ONGC IS) international investment arm sent a team to Venezuela to review assets after receiving clearance from the US8 hours ago
- Russian Deputy PM Novak says Russia's gas supplies to China will reach 50bln cubic metres this year, reports Tass1 hour ago
- Israeli Defence Minister Katz says the military will target all of Iran's infrastructure, including energy; an Iranian attack would free Israel from its existing limits2 hours ago
- Russian President Putin says attacks on three oil refineries have been repelled; adds that Russia must respond in kind3 hours ago
- Russian President Putin says that Russia and Ukraine should agree first; he notes that there is an opportunity to reach a peace agreement4 hours ago
- Russian Deputy PM Novak says Russia is experiencing some gasoline shortages1 hour ago
- [MARKET ANALYSIS] JPY rallies against all G10 peers, most pronounced against USD into payrolls on Friday4 hours ago
- [MARKET UPDATE] Yen strength continues with USD/JPY below 157.50, EUR/JPY below 183.00 - no headline driver but traders cite increased BoJ hike bets6 hours ago
The whole workspace, free to try.
Try it free