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Chevron Reports Unplanned Flaring At El Segundo, California Refinery

BRIEF-Chevron Reports Unplanned Flaring At El Segundo, California Refinery Sept 18 (Reuters) - Chevron Corp CVX.N REPORTS UNPLANNED FLARE EVENT AT EL SEGUNDO, CALIFORNIA REFINERY REFINERY CAPACITY: 269,000 BARRELS PER DAY SOURCE: SOUTH COAST AIR QUALITY MANAGEMENT DISTRICT FILING
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What to Watch in the Day Ahead - Thursday, September 19

What to Watch in the Day Ahead - Thursday, September 19 The Day Ahead is an email and PDF publication that includes the day's major stories and events, analyses and other features. To receive The Day Ahead, Eikon users can register at DAY/US . Thomson One users can register at RT/DAY/US. All times in ET/GMT On the U.S. economic front, the Department of Labor is likely to report that initial claims for state unemployment benefits remained unchanged at 230,000 for the week ended September 14, whil
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U.S. STOCKS United States Steel, Ambac Financial, Apple

BUZZ-U.S. STOCKS ON THE MOVE-United States Steel, Ambac Financial, Apple Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: https://refini.tv/3LI4BU7 The Morning News Call newsletter: https://refini.tv/3dKUyB8 Wall Street's main indexes slipped in volatile trading on Wednesday ahead of the Federal Reserve's highly anticipated first interest rate cut in more than four years, with jitters over the magnitude of the reduction dominating mood.
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US energy sector mixed as market digests US crude data, awaits Fed rates decision

BUZZ-US energy sector mixed as market digests US crude data, awaits Fed rates decision ** S&P 500 Energy Sector .SPNY up 0.5% despite fall in crude prices ** Brent crude LCoc1 down 0.6% to $73.26/bbl, and U.S. West Texas Intermediate crude CLc1 falls ~0.9% to $70.58/bbl, as the market cautiously awaited a rate cut announcement from the Fed while investors digested a mixed crude and fuel storage report out of the U.S.
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North Sea Crude-Forties and Midland trade

North Sea Crude-Forties and Midland trade LONDON, Sept 18 (Reuters) - North Sea Forties and U.S. WTI Midland both traded in Wednesday's North Sea window, with the former trading below Tuesday's levels and the latter slightly higher. PLATTS WINDOW * Indications are on a free-on-board (FOB) basis unless marked as cost, insurance and freight (CIF) or delivered at place (DAP).
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Sustainable Finance Newsletter - Vanguard bullish on proxy votes for the masses

Sustainable Finance Newsletter - Vanguard bullish on proxy votes for the masses By Ross Kerber Sept 18 (Reuters) - Everybody likes to pick on top mutual fund firms about their proxy votes, but asset managers may have a good answer with new programs meant to allow individual investors to influence how the votes are cast. Pennsylvania-based Vanguard has had a pilot of such a program under way and offered a rundown this week about the results so far.
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Joe Biden’s climate law is too valuable to repeal

BREAKINGVIEWS-Joe Biden’s climate law is too valuable to repeal The author is a Reuters Breakingviews columnist. The opinions expressed are his own. By Gabriel Rubin WASHINGTON, Sept 18 (Reuters Breakingviews) - Rare is the politician who turns down an invitation to a ribbon-cutting ceremony, especially one that comes with the promise of hundreds of manufacturing jobs.
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U.S. Autozone, Costco Wholesale, Walmart

U.S. RESEARCH ROUNDUP- Autozone, Costco Wholesale, Walmart Sept 18 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S.-listed companies, including Autozone, Costco Wholesale and Walmart, on Wednesday. HIGHLIGHTS * Autozone Inc AZO.N : Evercore ISI raises target price to $3900 from $3350 * Costco Wholesale Corp COST.O : Evercore ISI raises target price to $985 from $925 * Home Depot Inc HD.N : Evercore ISI raises target price to $420 from $400 * Tra
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Natural gas executives, US officials clash over energy policies

Natural gas executives, US officials clash over energy policies By Georgina McCartney and Marianna Parraga HOUSTON, Sept 17 (Reuters) - Energy executives and U.S. government officials on Tuesday clashed at an international energy conference over efforts by President Joe Biden's administration to globally advance clean fuels and geopolitical aims. Top energy executives took to the stage at the GasTech conference in Houston to blast the U.S., saying it lacked a clear policy for achieving its aims
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U.S. STOCKS Teladoc Health, Veritex, New York Community Bancorp

BUZZ-U.S. STOCKS ON THE MOVE- Teladoc Health, Veritex, New York Community Bancorp Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: https://refini.tv/3LI4BU7 The Morning News Call newsletter: https://refini.tv/3dKUyB8 Wall Street's main indexes rose on Tuesday, with the benchmark S&P 500 close to its intraday record high, as investors awaited a crucial Federal Reserve policy decision and fresh economic data allayed worries of a sharp slowdown in the U.S.
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North Sea Crude-Ekofisk slips, Forties and Midland rise

North Sea Crude-Ekofisk slips, Forties and Midland rise LONDON, Sept 17 (Reuters) - North Sea Ekofisk crude differentials weakened on Tuesday after a trade, while U.S. WTI Midland and Forties were supported by higher bids. PLATTS WINDOW * Indications are on a free-on-board (FOB) basis unless marked as cost, insurance and freight (CIF) or delivered at place (DAP).
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Chevron CEO hits Biden's natural gas policies, says fuel is crucial for AI

UPDATE 1-Chevron CEO hits Biden's natural gas policies, says fuel is crucial for AI Wirth defends low-carbon gas over coal for AI energy demands Biden's LNG export pause would hike energy costs, emissions, CEO argues Adds more details from speech from paragraph 3 By Sabrina Valle HOUSTON, Sept 17 (Reuters) - Chevron CVX.N CEO Michael Wirth on Tuesday criticized U.S.
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Chevron CEO hits Biden's natural gas policies, says fuel is crucial for AI

Chevron CEO hits Biden's natural gas policies, says fuel is crucial for AI By Sabrina Valle HOUSTON, Sept 17 (Reuters) - Chevron CVX.N CEO Michael Wirth on Tuesday criticized U.S. P resident Joe Biden 's administration for what he described as "attacks on the natural gas” industry and emphasized the crucial role of Permian natural gas in powering the rapid growth of artificial intelligence (AI).
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US energy sector gains as crude prices edge higher

BUZZ-US energy sector gains as crude prices edge higher ** S&P 500 Energy Sector .SPNY gains 1%, tracking crude prices O/R ** Brent crude LCoc1 up 0.8% at $73.36/bbl and U.S. West Texas Intermediate crude CLc1 up 1.2% at $70.95/bbl, as focus turns to the U.S. Federal Reserve's two-day policy meeting that concludes on Wednesday ** Traders on Tuesday kept bets the Fed will start an expected series of interest rate cuts with a half-percentage-point move downward ** Prices also receive support from
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Asia Naphtha/Gasoline-Gasoline crack rises for a second session

Asia Naphtha/Gasoline-Gasoline crack rises for a second session Sept 17 (Reuters) - Asia's gasoline margins rose for a second consecutive session on Tuesday as supply is expected to tighten due to ongoing refinery maintenance in the region, traders said. Refiners' margin for the motor fuel could also be supported in the short run by refiners potentially trimming output due to weak overall margins, a trader said.
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RBC trims PTs on European, U.S. energy majors, cuts Aker BP to 'underperform'

BUZZ-RBC trims PTs on European, U.S. energy majors, cuts Aker BP to 'underperform' ** "A time for reflection," RBC says on European and U.S. energy majors as it sees earnings drivers normalising after a nearly three-year period of exceptional growth ** It prefers upstream-heavy companies such as Shell SHEL.L , Eni ENI.MI , Chevron CVX.N , Galp Ener
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U.S. Aerovironment, Insulet, Viasat

U.S. RESEARCH ROUNDUP- Aerovironment, Insulet, Viasat Sept 17 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S.-listed companies, including Aerovironment, Insulet and Viasat, on Tuesday. HIGHLIGHTS * Aerovironment Inc AVAV.O : Raymond James cuts to market perform from outperform * Frontier Communications Parent Inc FYBR.O : JP Morgan cuts to neutral from overweight * Insulet Corp PODD.O : Piper Sandler raises target price to $285 from $230 * Relm
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Big oil companies defeat US consumer lawsuit over production, prices

UPDATE 1-Big oil companies defeat US consumer lawsuit over production, prices Adds details from decision, case citation By Jonathan Stempel Sept 16 (Reuters) - Several oil companies including Exxon Mobil XOM.N and Chevron CVX.N defeated an appeal on Monday by consumers who accused them of colluding with former U.S. President Donald Trump , Russia and Saudi Arabia to cut oil production, boosting prices at the pump.
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What to Watch in the Day Ahead - Tuesday, September 17

What to Watch in the Day Ahead - Tuesday, September 17 The Day Ahead is an email and PDF publication that includes the day's major stories and events, analyses and other features. To receive The Day Ahead, Eikon users can register at DAY/US . Thomson One users can register at RT/DAY/US. All times in ET/GMT The U.S. Federal Reserve will begin its two-day policy meeting that will conclude on Wednesday.
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U.S. STOCKS FedEx, Carvana, Sprouts Farmers Market, Ascendis Pharma

BUZZ-U.S. STOCKS ON THE MOVE-FedEx, Carvana, Sprouts Farmers Market, Ascendis Pharma Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: https://refini.tv/3LI4BU7 The Morning News Call newsletter: https://refini.tv/3dKUyB8 Technology stocks weighed on the Nasdaq and the S&P 500 on Monday as prudent investors awaited a pivotal monetary policy decision from the Federal Reserve later in the week and most traders priced in a steep reduction in borrowing costs.
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