Dow Jones Top Energy Headlines at 7 am ET: OPEC, Allies Agree to Keep Oil Output Steady in October | Oil ...

Dow Jones
Sep 07

OPEC, Allies Agree to Keep Oil Output Steady in October

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

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Oil Futures Post Weekly Gains on Middle East Escalation

Crude futures settled higher in a choppy session ahead of the U.S. Labor Day long weekend, closing out a week of gains that saw the resumption of U.S. strikes on Iranian targets and Iranian attacks on shipping.

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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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Vertiv to Buy AI Data-Center Power Provider

Vertiv stock has suffered in recent months but a new acquisition could help quieten concerns about the AI data-center revolt.

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This Energy Storage Stock Jumps on Deal to Power Google Data Centers

Eos Energy Enterprises shares rise after the company announces plans to supply Google with data-center batteries.

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FuelCell Energy Stock Sinks 17% on Earnings. Has the AI Luster Worn Off?

FuelCell Energy stock falls after the company reports a wider-than-expected loss and underwhelming revenue.

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Fervo Secures Its Largest-Ever Geothermal Power Deal, With Google

The company, which counts Bill Gates as an early backer, went public in a buzzy IPO in May.

 

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