Oil prices held steady Wednesday, after Treasury Secretary Scott Bessent said the Trump administration will provide support to oil tankers transiting the Persian Gulf and announce more measures in the coming days. U.S. crude oil rose 12 cents, or 0.16%, to $74.68 per barrel by 9:46 a.m. ET. Global benchmark Brent was up 37 cents,…
Eskom has simplified how households and small businesses connect their rooftop solar and other so-called “small-scale embedded generation” (SSEG) systems to the national grid, cutting costs and red tape. The utility said on Tuesday that its revised compliance and registration process will make legal grid connection “easier, safer and more affordable”, while keeping safety standards…
The entrance to the SpaceX rocket launch area in Brownsville, Texas. Veronica Gabriela Cardenas/Reuters US President Donald Trump signed an executive order on Wednesday to streamline federal regulation governing commercial rocket launches, a move that could benefit Elon Musk’s SpaceX and other private space ventures. Trump’s order, among other things, directs the US transportation secretary…
The price of crude oil, yesterday, dropped marginally to $73 per barrel from $74 per barrel in the international market as the Israel-Iran conflict tension eases. The tension eased following Iran’s indication of interest to halt hostilities and resume negotiations over its nuclear program with Israel. Consequently, the price of Brent, usually used to benchmark…
