Oil surges then pares gains after Trump rules out Iran strikes before midterms
Trump's Truth Social post eased immediate strike fears but left intact the supply risk premium from attacks on tankers in the Strait of Hormuz.
Oilprice · +14 outlets
Stocks fall as oil spikes and Treasury yields hit multi-decade highs
A jump in crude plus elevated bond yields and renewed doubts about AI profits pulled all major U.S. indexes off their records.
Business Insider · +15 outlets
Iran claims Strait of Hormuz route will be closed after tanker attacked off Qatar
Record attacks on tanker traffic through the Strait of Hormuz threaten the main conduit for Gulf crude exports.
Rigzone · +14 outlets
Hurricane Isaias shuts in 1.28 million bpd of Gulf oil production
Evacuations ahead of the storm knocked roughly a quarter of U.S. Gulf output offline, adding to global supply pressure.
Oilprice · +14 outlets
EIA raises 2026 Brent forecast by over $5, 2027 by $10
The agency's monthly Short-Term Energy Outlook lifted crude price assumptions on Middle East supply risk.
Rigzone · +6 outlets
US gasoline prices hit highest level in four years, setting October record
Pump prices remain near record autumn highs even as the national average slipped for a second week.
Oilprice · +13 outlets
Brent crude tops $104 as Gulf supply risks return
Reports that Washington was weighing new strikes on Iran pushed crude above $104 before easing.
Clarin.com · +13 outlets
EIA boosts 2026 Brent forecast; analysts flag 'scarily thin' global reserves
Fresh Gulf attacks and thin spare capacity sharpened upward pressure on crude forecasts.
Rigzone · +2 outlets
Dallas Fed: refinery outages raising fuel prices more than crude costs
The regional Fed bank attributes the recent pump price surge mainly to downstream outages rather than crude input costs.
Federal Reserve Bank of Dallas · +14 outlets
Oil majors Chevron, ConocoPhillips, Occidental shares jump on crude spike
Higher crude prices lifted integrated and shale producers with direct exposure to Brent and WTI.
StockStory · +14 outlets
Kinder Morgan restores US-Mexico gas flows after Tennessee Gas pipeline outage
The company lifted force majeure after repairs restored deliveries interrupted earlier in the week.
Oilprice · +5 outlets
Emera to acquire Canadian Utilities in C$10B deal, largest Canada-to-Canada merger
The combined enterprise value is roughly C$50.47 billion, the companies said.
Rigzone · +1 outlets
Energy Transfer to buy Vaquero Midstream for $2.625 billion
The acquired assets are already interconnected with Energy Transfer's gas and NGL infrastructure.
Rigzone · +14 outlets
Brazos closes $4.425 billion sale of Midland Basin assets to ONEOK
The divestment hands ONEOK natural gas gathering and processing infrastructure in the Permian's Midland Basin.
Rigzone · +10 outlets
Supertankers race to Middle East as Hormuz shipping crunch worsens
Vessels are rushing to capture soaring freight fees for crude passing through the Strait of Hormuz.
Rigzone · +5 outlets
US and Russia discuss reviving Russian gas sales to Europe
Talks on renewed flows would mark a shift in European supply dynamics.
Crude Oil Prices Today · +14 outlets
Trump administration to rescind oil and gas methane leak rules
The rollback targets standards on methane emissions from oil and gas operations.
Hawaii Tribune-Herald
Chip stocks sell off as oil and yields rise, hitting Intel, Nvidia, AMD
Semiconductor shares slid on higher yields and Samsung's preliminary earnings miss, adding to market pressure.
Yahoo Finance