News Highlights: Top Energy News of the Day - Monday at 12 AM ET

Dow Jones
05-05
 
Oil Futures Fall Ahead of OPEC+ Meeting 
 

Crude futures posted back-to-back weekly losses as the market awaits the outcome of the OPEC+ weekend meeting.

 
Exxon, Chevron Profits Fell Ahead of Tariff-Driven Oil Slump 
 

The major oil companies' results were hurt by narrow refining margins, lower oil prices and rising costs.

 
Shell Launches $3.5 Billion Buyback After Earnings Beat Expectations 
 

The results were the company's first since its March capital markets day, when it said it would grow top-line production and increase shareholder returns over the next five years.

 
Energy & Utilities Roundup: Market Talk 
 

Find insight on Shell, oil futures and more in the latest Market Talks covering the energy and utilities sector.

 
Equinor Sells Stake in Brazil's Peregrino Oil Field for $3.5 Billion 
 

Equinor's Brazilian subsidiary has signed an agreement to sell its interest in the Peregrino field to Prio Tigris, a unit of PRIO SA, Brazil's largest independent oil-and-gas firm, the company said Friday.

 
U.S. Crude Oil Stockpiles Post Unexpected Decline 
 

U.S. crude oil inventories fell unexpectedly last week as exports increased and refineries raised their capacity use, according to data released Wednesday by the U.S. Energy Information Administration.

 
Wall Street Lowers Oil Price Forecast as Trade War Weighs on Demand 
 

Brent crude is expected to average $68.23 a barrel this year, while West Texas Intermediate is projected at $64.60 a barrel, an April survey showed.

 
Trump Ally Lindsey Graham Pushes Russia Crackdown 
 

The South Carolina senator is building support for new sanctions on Moscow and tariffs on countries that buy Russia's oil.

 
SolarWinds Security Chief Tim Brown Hopes the SEC Will Dismiss Charges 
 

The CISO discusses personal legal liability for cyberattacks; 'I ended up having a heart attack the week that I was notified.'

 
TotalEnergies Keeps $2 Billion Buyback Despite Weak Oil Prices 
 

The company said it would continue to buy back up to $2 billion of shares over the second quarter despite a softening price environment.

 
 

(END) Dow Jones Newswires

May 05, 2025 00:00 ET (04:00 GMT)

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