U.S. Treasury yields rise Tuesday, starting the holiday-shortened week on a bearish footing as traders flee from longer-dated government bonds amid expectations for vaccines and fiscal spending to power the economy through the pandemic.
Winter storms in parts of the south and central U.S. have led to a surge in the need for power, rallying prices for natural gas as traders look toward a rise in nuclear power demand and consumption of uranium.
BP and Chevron have made a landmark expansion into geothermal energy, betting on a new technology that could prove to be the world’s first scalable clean energy derived from a constant source: the natural heat of the earth.
A bitter winter storm hitting much of the U.S. has sent demand for natural gas skyrocketing. Oil prices also extend last week's gains as investors return from a U.S. holiday.