Dow Jones Top Energy Headlines at 11 am ET: Oil Rises as Supply Concerns Persist Despite Middle East Crude Exports Recovering to Prewar Levels | Natural ...

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Oil Rises as Supply Concerns Persist Despite Middle East Crude Exports Recovering to Prewar Levels

Oil prices edged higher as risks around the U.S.-Iran conflict persisted despite Middle East crude exports continuing to recover toward prewar levels.

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Natural Gas Lower as Trading Centers Around $3/mmBtu

Natural gas futures slipped, as weather across the country remained the main factor weighing on prices.

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Energy & Utilities Roundup: Market Talk

Find insight on SSE, Torrent Power, Amplitude Energy and more in the latest Market Talks covering Energy and Utilities.

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Democratic Senators Challenge Trump Officials on Pentagon's Venezuela Oil Deal

Ranking Senate Democrats on the foreign relations, energy, banking and armed services committees question the deal crafted by top Trump officials.

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Amazon Tries to Boost Nuclear Power in Maryland After Scrapping Data Center Deal

The tech giant will help expand power generation at Constellation Energy's Calvert Cliffs plant and explore adding new reactors there.

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U.S. Crude Oil Stockpiles Jump

Commercial crude oil stocks rose by 900,000 barrels last week. Analysts had expected crude stocks to fall by 200,000 barrels.

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Major Wall Street Banks Lift Oil-Price Forecast, Survey Shows

Major Wall Street banks have raised their oil-price forecasts for this year and early next, as stalled efforts to end the Iran war leave the market vulnerable to fresh supply shocks despite a rebound in Middle East crude exports.

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Congress Wants to Bring Federal Agencies to Heel Over Energy Projects

Lawmakers introduce aggressive legislation to accelerate an energy build-out.

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Pleasants Power Plant Taps Kirkland After Judge Disqualifies HSF Kramer

Kirkland replaced HSF Kramer after the firm was disqualified over its prior work for lenders holding liens on the bankrupt power plant's assets.

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Middle East Crude Oil Exports Back at Prewar Levels, Analysts Say

The region's major crude producers have ramped up supplies through alternative pipelines, ports and ship-to-ship transfers to navigate disruptions due to the Iran conflict.

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China Has the Power to Bail Out the Diesel Market. Will It Use It?

Chinese oil refineries are only using 75% of their capacity at the moment.

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Shell to Double Production Capacity at LNG Canada

The British energy major said it would build two additional liquefaction plants to double production capacity to 28 million metric tons a year as it bets on growing gas demand in Asia.

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Middle East Oil Exports Rebound as Iran's Chokehold on Hormuz Breaks Down

The erosion of Iran's position comes as the U.S. Navy and Gulf oil producers have become better at fending off or evading Iranian attacks, allowing more tankers to cross the strait.

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TotalEnergies Sets Out Growth Plan Until 2035

The French energy company said it plans to invest between $14 billion and $17 billion per year between 2027 and 2032.

 

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