Oil Prices Fall Below $100 but U.S., Iran Tensions Mount
Oil prices fell back below $100 a barrel on Friday from their highest level since early May, but continued tensions between the U.S. and Iran promise that the energy markets will remain elevated.
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CATL Profit Climbs on Surging Demand for Energy-Storage Batteries
The world's largest battery maker reported sharply higher profit as booming demand for energy-storage systems and resilient EV battery sales offset weakening appetite for EVs in China.
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SLB Posts Higher Revenue on Offshore Activity, Data-Center Demand
SLB logged higher revenue in the second quarter, as higher offshore activity and strong demand across its quickly growing data-center business helped to offset continued disruptions across the Middle East.
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Energy & Utilities Roundup: Market Talk
Find insight on crude oil prices, Beach Energy, Mercury NZ and more in the latest Market Talks covering Energy and Utilities.
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Is $150-a-Barrel Oil Really Back on the Table?
Predictions of record-setting crude oil prices were far off the mark earlier this year, but that could change.
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TotalEnergies Uses Cash From War-Induced Price Rises to Cut Debt
Continued high oil and gas prices offered a boost to earnings while enabling the company to cut its net debt by $3.3 billion, bringing it down to just shy of $20 billion.
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Repsol Sets Out Fresh Buyback as Earnings Surge
Repsol has no assets in the Middle East, and so has seen production broadly unaffected by the war this year.
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Eni to Buy European Fuel Service Station Business From Prax
The deal-for an undisclosed sum-was made through its Enilive subsidiary that is co-owned with U.S private equity company KKR, which has a 30% stake.
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One of the Busiest Shipping Ports Wants to Go Nuclear
California's Port of Long Beach is considering the construction of a reactor to meet its growing need for electricity.
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Why Americans Are Fighting the AI Data Center Boom
Dozens of data center developers and utilities pledged with President Donald Trump that AI data centers won't raise consumer electricity bills. The opposition won't back down.
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U.S. Commercial Crude Oil Stockpiles Post Weekly Build
Crude oil stocks rose unexpectedly last week by 2 million barrels as imports increased and exports fell, said the U.S. Energy Information Administration.
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ExxonMobil and Oil Stocks Rise After Rubio Says Iran 'Not Serious' About Talks
Renewed U.S. strikes on Iran have sent oil prices higher on Wednesday, with shares in energy companies like ExxonMobil gaining as Secretary of State Marco Rubio said Iran was "not serious" about peace talks.
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Equinor Hikes Buyback as Earnings Jump on Higher Energy Prices
Second-quarter adjusted operating income jumped over 75% as the Norwegian energy major captured higher oil and gas prices triggered by the conflict in the Middle East.
(END) Dow Jones Newswires
July 24, 2026 11:00 ET (15:00 GMT)
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