Power Outage Affects Thousands in Lebanon, Pennsylvania
A power outage in Lebanon, Pennsylvania affected 4,700 Met-Ed customers, with electricians resolving the issue by 9:30 a.m. However, subsequent disruptions occurred due to a breaker opening at another substation. Lebanon city residents have faced multiple outages in recent weeks, with this being the fourth major incident. Approximately 1,398 customers are still without power as of the latest update.
U.S. Oil Prices Show Resilience Despite Rise in Crude Inventories
Despite concerns over reduced demand and a larger-than-expected build in U.S. crude stockpiles, oil prices are showing resilience. Natural gas futures have fallen, with expectations for a below-average draw from inventories. U.S. crude oil inventories rose by 4.2 million barrels, surpassing estimates. Chevron’s $53 billion deal for Hess is facing potential jeopardy due to a possible challenge from Exxon. U.S. equity indexes are showing mixed performance, while inflation meeting expectations has sent Treasury yields lower.