Texas Governor Greg Abbott announced on Thursday that the first Texas Energy Fund (TEF) loan agreement will be used to fund a 122 megawatt (MW) natural gas power plant in Texas.
Oil held steady as traders grappled with conflicting signals about how much US military strikes hobbled Iran’s nuclear program and whether Washington will continue to target Tehran’s oil flows.
Curious Minds Corner
What’s the real difference between “crude oil” and “petroleum”?
Crude oil is the raw, unrefined liquid from the ground. Petroleum is a broader term including crude oil and all the products refined from it (gasoline, plastics, etc.).