Oil Prices Fall Further as Trump Says Strait of Hormuz Will Reopen This Week
Brent crude and WTI prices were falling again as President Donald Trump said the Strait of Hormuz could reopen as soon as Friday.
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Equinor Doubles Share Buyback to $3 Billion Under New Plan Targeting Fossil Fuel Growth
The energy company will spend more on oil and gas projects in a bid to grow production and increase shareholder returns.
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Conifer Infrastructure Raises $900 Million to Back 'Repeatable' Projects
Debut fund looks for start-ups in energy and critical materials that take on projects that can be standardized and done over and over.
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Trump Says Strait of Hormuz Will Be Fully Open by Friday Under Iran Deal
The text of the deal will be released in the coming days, officials said, as questions about it are set to dominate a G-7 meeting in France.
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Energy & Utilities Roundup: Market Talk
Find insight on Canadian energy stocks, the reopening of the Strait of Hormuz, oil futures and more in the latest Market Talks covering Energy and Utilities.
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Oil Executives Are Sounding the Alarm Over Dwindling Stockpiles
The world is guzzling so much oil from commercial and strategic inventories that they risk falling below their minimum operating levels.
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Oil Prices Slump, Exxon and Valero Stocks Drop on Deal Between the U.S. and Iran
President Trump said Monday that the text of a memo of understanding will be released "sometime after Friday."
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The Mysterious Woman Behind the Nord Stream Explosion
A new book details the attack on the world's largest offshore pipeline system.
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Oil Prices Fall After Trump Calls Off Planned Strikes Against Iran
Both Brent crude and WTI prices settled nearly 3% lower Thursday after President Trump said "final points" of an agreement with Iran had been "approved by all parties."
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Iran's Crude Production Slumped in May Under U.S. Blockade
Iran's crude production slumped more than 18% last month as U.S. forces continue to block shipments to and from the country's ports, choking off exports and raising the risk that Tehran could soon run out of places to store its crude.
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Trump Says Iran Deal Is Close but Tehran Says No Decision Has Been Made
The president pulled back from threats just hours earlier to launch more military strikes and seize Iran's oil infrastructure.
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China Is Propping Up the World Economy by Importing a Lot Less Oil
Clues are emerging in the mystery of the missing three million barrels-oil that China would normally be importing but isn't now.
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U.S. Crude Oil Inventories Fall for Seventh Straight Week
Commercial crude oil stocks excluding the Strategic Petroleum Reserve fell by 7.2 million barrels in the week ended June 5. They were expected to have fallen by 2.9 million barrels, according to a Wall Street Journal survey of analysts.
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Former Exxon CEO Lee Raymond Dies at 87
The driven, unrelenting oil executive remade Exxon into a colossus that for a time was the world's biggest and most profitable company.
(END) Dow Jones Newswires
June 16, 2026 07:00 ET (11:00 GMT)
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