Finance · Top Story
Oil Prices Rise as Houthi Attacks, U.S. Gulf Storm Raise Supply Risks Prices rose Wednesday as traders weighed fresh Houthi attacks in Saudi Arabia and storm-related U.S. Gulf production shut-ins against recovering Middle East crude supplies. ---- 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. ---- Energy & Utilities Roundup: Market Talk Find insight on Shell and more in the latest Market Talks covering energy and utilities. ---- 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. ---- Oil Futures Little Changed as Market Weighs Export Recovery, Shipping Risks Oil prices staged a late recovery Tuesday, snapping a two-session losing streak as traders assessed recovering Middle East crude exports against fresh shipping incidents around the Strait of Hormuz and renewed fighting near the Bab al-Mandeb Strait. ---- 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. ---- 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. ---- 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. ---- 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. ---- 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. ---- Saudi Arabia Slashes Crude Prices for Asia as Exports Recover Saudi Aramco lowered the official selling price for November shipments of its Arab Light crude to Asia by $3 a barrel to a discount of $5 a barrel to the Oman/Dubai benchmark. ---- Centalion, Fresh From Rebrand, Does Deal for U.S. Gas Fields The trading firm formerly known as Gunvor is poised to become a major player in the Haynesville basin with $1.5 billion deal. ---- LNG's Golden Age Could Last Longer Than Expected.
These Stocks Benefit Most. Companies that export liquefied natural gas have been minting profits this year. ---- Ithaca Energy to Buy Offshore Canada Oil Assets for Up to $1.1 Billion The company said the deal adds scale and diversification in an operating environment similar to the U.K. Continental Shelf and materially enhances its production outlook. (END) Dow Jones Newswires October 07, 2026 07:15 ET (11:15 GMT) Copyright (c) 2026 Dow Jones & Company, Inc.
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