News Highlights: Top Energy News of the Day – Tuesday at 4 AM ET

From Morningstar:

Oil prices declined as OPEC+ extends production cuts due to weak demand outlook. Saudi Arabia, UAE, Kuwait, and Algeria will cut production until June. Gunvor to pay $661 million in bribery scheme. Plug Power resolves issues but underwhelms in latest results. Global CO2 emissions hit record high in 2023. U.S. crude oil stocks rose by 4.2 million barrels. Frackers are now investing in clean power like geothermal energy. Uniper warns on earnings due to lower prices. Chevron’s $53 billion deal for Hess at risk of challenge by Exxon.



Read more at Morningstar: News Highlights: Top Energy News of the Day – Tuesday at 4 AM ET