Chevron, Microsoft, and Engine No. 1 are negotiating a team-up for a multi-billion power plant in West Texas intended to power a huge data center campus, in the latest energy deal to power AI infrastructure.
Brent Crude oil futures plunged by 4% early on Wednesday to trade below $100 per barrel for the first time in a week, after U.S. President Donald Trump signaled the war in Iran could end within three weeks. As of early morning trade in Europe, Brent Crude was down by 4.52% at $99.20, and WTI Crude was down by 4.04% at $97.30.
Curious Minds Corner
What is Saudi Aramco known as?
Saudi Aramco is the Middle Eastern oil company often considered the world’s most valuable, despite not being publicly traded.