Dow Jones Top Energy Headlines at 7 am ET: Oil's Risk Premium Seems Exceptionally Bloated | Oil ...

Dow Jones
09/08

Oil's Risk Premium Seems Exceptionally Bloated

The risk premium embedded in oil prices appears to be exceptionally bloated, paving the way for prices to deflate, Julius Baer said.

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Oil Nears $100 a Barrel as Fresh Attacks on Saudi Energy Operations Raise Supply Concerns

Attacks on energy-sector facilities in southern Saudi Arabia temporarily halted some operations.

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Iran's Oil Dollars Are Drying Up-and Plunging It Deeper Into Crisis

The U.S. blockade and dwindling supplies already on the water are squeezing Tehran's most important export earner.

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U.S. Gasoline Prices Hit Labor Day Record

American drivers were paying record Labor Day prices at the pump as more expensive crude and supply disruptions in the Middle East and Russia tightened global markets and raised fuel costs.

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OPEC, Allies Agree to Keep Oil Output Steady in October

The cartel's move comes after six straight monthly increases.

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Energy & Utilities Roundup: Market Talk

Find insight on Repsol, S-Oil , Energean and more in the latest Market Talks covering Energy and Utilities.

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U.S. Retail Diesel Prices Hit Record High as Global Supply Tightens

Diesel prices jumped to a fresh record high as prolonged disruptions in the Middle East and Russian refineries continued to tighten global supplies.

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Why Big Oil Is Wary of Trump's Foray Into Venezuela's Oil Patch

Some executives are worried the U.S. is creating a giant with the ability to push them around.

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Why Trump's Venezuela Oil Grab Is No Quick Fix for Gas Prices

The president's plan comes with uncertainties, and it's unclear it would provide relief to Americans pinched by high prices at the pump.

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Winter Is Approaching and Europe Is Running Low on Natural Gas

The continent has put off buying natural gas for the winter in a potentially risky bet that the Iran war will be over soon and prices will drop.

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Chevron to Invest $7 Billion in Venezuela, Doubling Production

Other oil-and-gas companies, including Italian giant ENI and smaller U.S. players Primavera and Aspect Holdings, signed production deals as well.

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U.S. Crude Oil Stockpiles See Larger-Than-Expected Drop

Commercial crude oil stocks were down by 4.5 million barrels last week. Analysts had expected crude stocks to fall by 300,000 barrels.

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BP Names Replacement for Chairman Ousted Over Bullying Concerns

Interim chairman Ian Tyler will take the role permanently, making him the company's third chair in less than a year.

 

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