Brent and WTI spiked above $110 on tanker attacks and Hormuz shipping risk before reversing, leaving markets volatile as traders weigh conflicting signals on Ir

The agency's chief said the timing of any further reserve drawdown is up to individual member countries, with diesel given priority as refined product tightness

Benchmark European gas prices jumped to levels last seen in 2022 as Norwegian supply fell 12.6% in September, tightening the continent ahead of winter.

Healthcare shares led broad gains after a batch of strong corporate results and a pullback in crude, reversing earlier losses tied to AI-sector weakness.

Hormuz disruptions and Houthi attacks on Saudi infrastructure have strained LNG supply, pushing Asian spot cargo prices to multi-month highs.

The approval would expand domestic UK gas production as Europe contends with tight supply and elevated prices.

The president's remarks come as pump prices climb two weeks before US midterms, with Iran positioning itself for the election's aftermath.

The bloc weakened language opposing high-north exploration after lobbying from Norway, even as it braces for a costly winter with depleted gas storage.

Integrated majors and refiners rallied as Brent held above $110, with retail investors also watching smaller US producers for further upside.

The continued drawdown in crude and product stocks supported prices, though gasoline builds and a smaller-than-expected decline clouded the demand picture.

Chevron's push into Iraq follows preliminary agreements with Baghdad as Washington seeks to regain influence over the country's oil sector.

A hotter-than-expected CPI reading points to persistent pressure on households from elevated fuel and power prices.

The oilfield services giant said reconstruction of Middle East energy assets after conflict will drive sustained demand for its services.

Pump prices are rising into the midterm elections, with regional averages like Oregon and Pennsylvania also climbing on higher crude.

State regulators say operators are speeding up well completions amid higher crude prices, though Bakken oil growth remains limited relative to gas.

The drop in Norwegian output tightens European supply as the continent enters the winter heating season.

State utility CFE is set to greenlight up to 60 mostly solar projects adding 8.2 GW of capacity.

Beijing's heavy rare earth export curbs after Japan's stance on Taiwan highlight the weaponization risk to US supply chains.