Oil Climbs on Intensifying Shipping Attacks, U.S. Storm Fears
Oil prices climbed more than 3.5% as attacks on shipping in the Gulf intensified, while Tropical Storm Isaias is expected to reach the U.S. Gulf Coast late Friday as a hurricane.
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Oil Prices Fall Back As Supply Optimism Outweighs Conflict, Storm Risks
Oil futures settled lower as traders looked past fresh Houthi attacks in Saudi Arabia and production shut-ins off the U.S. Gulf coast and focused on continuing oil flows out of the Middle East.
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U.S. Crude Oil Stockpiles Post Weekly Drop
Commercial crude oil inventories fell by 3.2 million barrels to 424.1 million barrels in the week ended Oct. 2. Crude inventories were expected to have increased by 1.7 million barrels, according to a Wall Street Journal survey of analysts.
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Shell's Refining Margin Surges to Record
The energy major expects its refining margin to hit a record high in the third quarter, driven by volatility stemming from war in the Middle East and a global supply squeeze.
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Hess Midstream Stock Plunges, but the Chevron Deal Has a Silver Lining
Hess Midstream's deal with Chevron means lower earnings but also longer contracts, fewer shares outstanding, and expansion into a second region.
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Energy & Utilities Roundup: Market Talk
Find insight on power utilities, oil futures, Emera's merger with Canadian Utilities and more in the latest Market Talks covering energy and utilities.
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Google and Constellation Energy Strike a Sweeping Nuclear-Power Deal
The deal is the largest-ever "uprate" project, one that squeezes more power out of existing reactors, between a nuclear-power provider and a tech company.
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Energy Transfer to Acquire Vaquero Midstream for $2.63 Billion
The deal consists of $1.95 billion in cash and about 33.3 million newly issued Energy Transfer common units.
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Winter Heating Bills Could Be Lower for Most Homes. Why High Oil Prices Don't Matter.
Inventories for natural gas and propane are above recent averages.
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Exporters to Get Extra Year for EU's Methane Emission Rules, Von Der Leyen Says
Policymakers are racing to shield industry from the high cost of fuel triggered by conflicts in the Middle East and Ukraine.
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Oil Is Flowing From Hormuz Again-Just Not the Kind the World Needs Most
The scramble is on for diesel, while damaged refineries and tight fuel supplies keep prices elevated around the world.
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Aramco CEO Says Oil Inventories Could Take Two Years to Rebuild
Amin Nasser said the global supply cushion was scarily thin, with estimates less than 6 billion barrels of commercial inventories remain-and most of that wasn't practically available.