Tag Archives: oil

Energy firms, tech startups and oil majors have eyes on the charging stations market meant for electric vehicles

he battle over how and where Europeans charge their electric cars is expanding from the continent’s cities to its motorways. A hybrid electric car plugged in for charging Power utilities, tech start-ups, and oil majors are fighting to establish themselves as the dominant players in the fast-growing business of charging stations, but advances in electric vehicles means where they build them is ... Read More »

Stock market closes lower as oil slips into bear-market territory

Getty ImagesIt was a gloomy day for crude oil. U.S. stocks finished lower Tuesday as investors dumped energy shares after crude-oil prices sank into bear-market territory. The S&P 500 SPX, -0.67%  dropped 16.43 points, or 0.7%, to close at 2,437.03, with nine of the 11 main sectors trading lower. The energy sector was down 1.3%, topping the losers. Crude oil ... Read More »