Dow Jones Top Energy Headlines at 7 AM ET: Oil Market Braces for Supply Surplus, But Demand Trends Will Also Be Crucial | Nvidia ...

Dow Jones
Aug 29

Oil Market Braces for Supply Surplus, But Demand Trends Will Also Be Crucial

A looming supply surplus hangs over the oil market, but its extent largely depends on the evolution of the demand outlook, Commerzbank said.

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Nvidia and Google Back Nuclear Fusion Start-Up

Commonwealth Fusion Systems said it isn't eyeing a near-term initial public offering

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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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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.

 

(END) Dow Jones Newswires

August 29, 2025 07:00 ET (11:00 GMT)

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