Oil Rises for Second Day as Banking Fears Ease for Now

Brent, U.S. crude hit lowest in 15 months on Monday U.S. Fed begins twoday meeting on Tuesday Oil drop is speculative, not based on fundamentals Andurand U.S. crude, product stocks expected to drop in weekly reports LONDON, March 21 Reuters Oil rose on Tuesday, extending a recovery from a 15month low hit the previous day, […]
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CEZs 2022 Profit Surge Lines Up Record Dividend

PRAGUE, March 21 Reuters Czech utility CEZ expects to pay a record dividend on the back of soaring fullyear profit before new taxes and levies dent earnings this year. CEZ on Tuesday posted a record 78.4 billion crown 3.50 billion adjusted net profit for last year, a more than threefold rise over 2021, as energy markets […]
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RWE Shares Climb on Higher Dividend, Investment Outlook

ESSEN, Germany, March 21 Reuters RWE, Germany39;s biggest utility, pledged a higher dividend and more investments on Tuesday to expand its core renewables business, boosting its shares in premarket trade. RWE has been relatively shielded from the energy crisis that gripped Europe last year, mainly due to its low exposure to Russian fuel imports, and […]
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