Dow Jones Top Energy Headlines at 11 am ET: Oil Prices Mixed as Traders Weigh Demand Outlook, Hormuz Shipping Risks | U.S. ...

Dow Jones
Oct 15

Oil Prices Mixed as Traders Weigh Demand Outlook, Hormuz Shipping Risks

Oil prices traded mixed as investors weighed a weaker global demand outlook and signs of recovering Middle East crude supplies against persistent shipping risks around the Strait of Hormuz.

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U.S. Natural Gas Futures Gain Ahead of Storage Report

U.S. natural gas futures rose ahead of the EIA's weekly inventory data, with a cold weather expected in the Northeast supporting near-term heating demand.

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Liberty Mutual Investments, Elda River Form $500 Million Energy Strategy

The credit partnership is the latest in a series of deals the investment arm of insurer Liberty Mutual has made with energy-focused investment firms.

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Gas Exporter Venture Global Wants to Get In on AI Power Boom

The company plans to build gas-fired power plants to supply data centers.

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TotalEnergies Expects Windfall as Conflict Squeezes Fuel Supplies

The French energy major said it expects exceptional results from its downstream business after an increase in third-quarter refining margins.

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Energy & Utilities Roundup: Market Talk

Find insight on TotalEnergies, Enerflex, Iberdrola and more in the latest Market Talks covering Energy and Utilities.

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Global Diesel Squeeze to Drag Into 2027, IEA Says

Supply fell by 1.7 million barrels a day in the third quarter, as the Iran war curtailed flows through the Strait of Hormuz.

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American Electric Power to Invest $4 Billion in Fuel Cell Project

American Electric Power plans to invest about $4 billion in a Wyoming fuel cell generation project to meet growing energy demand from Alphabet's Google.

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Houthi Strike Hits Building at Saudi Aramco Headquarters

The attack follows strikes on Riyadh's international airport and expands the conflict between Saudi Arabia and the Iran-backed militants.

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OPEC Cuts Demand Growth Forecast Again as Gulf Supply Risks Mount

The group of oil-rich countries raised its forecast for next year's demand growth driven in part by the need to replenish oil inventories.

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Europe Heads Into Winter With Low Gas Reserves, Uncertain Gulf Supplies

European natural-gas prices climbed to their highest level in nearly four years as escalating attacks in the Middle East threatened supplies and unusually low storage levels raised fears of a global scramble for LNG.

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'Phantom' Data Centers Are Demanding More From the Power Grid Than They Need

Utilities are imposing higher electricity rates and collateral requirements to identify legitimate data-center projects to better plan their own investments.

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BP's New CEO to Outline Strategy as Balance Sheet Strengthens

The company said it would update its strategy in December, giving new Chief Executive Meg O'Neill her first opportunity to outline her vision to investors.

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Fermi Stock Soars 20% on AMD Deal. Why Analysts See Hurdles Ahead.

Advanced Micro Devices will help advance Fermi's data center plans.

 

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