Dow Jones Top Energy Headlines at 4 PM ET: Oil Futures Stage Late Turnaround | Oil ...

Dow Jones
08/29

Oil Futures Stage Late Turnaround

Oil futures rose after a day of losses, with investors focused both on increased strikes in the Russia-Ukraine war and the prospect of a global supply glut.

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Oil Glut Concerns Cloud Price Outlook Despite Geopolitical Risks

A survey compiled by WSJ showed Brent crude is expected to average $63.57 a barrel in the fourth quarter, while West Texas Intermediate is seen at $60.30 a barrel. That is down from last month's projections of $64.13 and $61.11, respectively.

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U.S. Natural Gas Rallies on Small Inventory Build

U.S. natural gas futures rose as a weekly storage build came in below expectations, reducing the inventory surplus over the five-year average for a second consecutive week.

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Another Old Nuclear Reactor Is Coming Back. These Stocks Could Benefit.

The electricity needed for the tech sector's artificial intelligence race is turning reactors that were once unprofitable albatrosses into potential profit-drivers.

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Energy & Utilities Roundup: Market Talk

Find insight on oil futures, Cnooc, QL Resources and more in the latest Market Talks covering energy and utilities.

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U.S. Nuclear Energy Drive to Spur Uranium Enrichment

The growing need for electricity to power artificial intelligence and massive data centers in the U.S. promises to usher nuclear energy into a new era of expansion, opening up opportunities for the industries that provide the fuel for the plants.

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U.S. Crude Oil Stockpiles Fall for Second Straight Week

U.S. crude oil inventories fell by 2.4 million barrels, more than the estimated drop of 1.9 million barrels.

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Exxon Held Secret Talks With Rosneft About Going Back to Russia

Resuming business in Russia would mark a dramatic rapprochement after Exxon's messy breakup with Moscow when Putin attacked Ukraine in 2022.

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Puerto Rico Utility Bondholders Break Off Deal After Oversight Board Purge

BlackRock, Nuveen and other creditors ditched a previous deal to write down over $8 billion in electric revenue bonds.

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U.S. and South Korean Nuclear Companies Sign Agreement

U.S. and South Korean officials have pledged cooperation in several industries, which could include nuclear energy and shipbuilding.

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The Ukrainian Attacks That Are Forcing Russia to Ration Its Fuel

The late Sen. John McCain once called Russia "a gas station with nukes." Now, because of Ukrainian attacks, it must ration fuel.

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Orsted Shares Tumble After U.S. Issues Stop-Work Order on Wind Project

The Danish energy giant's shares fell 16% amid President Trump's opposition to wind power.

 

(END) Dow Jones Newswires

August 28, 2025 16:00 ET (20:00 GMT)

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