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Dow Jones Top Energy Headlines at 4 PM ET: Trump Strikes Deal With Putin for Russian Diesel | Oil ...

Dow Jones Top Energy Headlines at 4 PM ET: Trump Strikes Deal With Putin for Russian Diesel | Oil ...

Trump Strikes Deal With Putin for Russian Diesel The president said Russia has agreed to supply large amounts of the fuel to the U.S. and global markets, as rising prices rattle voters. ---- Oil Prices Steady After Trump Appears to Rule Out Iran Strikes Before Midterms Oil prices edged higher as traders weighed President Trump's pledge not to attack Iran before the U.S. midterm elections against persistent shipping risks in the Persian Gulf and extensive offshore production shut-ins in the Gulf of Mexico. ---- BP Curbs Production at Two Platforms in Gulf of Mexico Due to Hurricane Isaias All personnel have been evacuated from BP's Na Kika and Thunder Horse platforms in the Gulf of Mexico as it prepares for Hurricane Isaias. ---- Energy & Utilities Roundup: Market Talk Find insight on oil futures, BP, and more in the latest Market Talks covering energy and utilities. ---- American Oil Refiners Are Printing Money as Wars Shrink Global Energy Supplies The earnings of independent fuel makers Valero Energy, Marathon Petroleum and Phillips 66 are set to crush the near-record results of the June quarter. ---- Iran and Houthis Try to Regain Upper Hand in Hormuz With Spate of New Attacks The clashes underscore the region's volatility and the difficulty that Trump faces keeping a lid on its conflicts at least until after midterm elections. ---- Tanker Attacks Push Deeper Into Gulf, Rattle Oil Markets A strike near Qatar, far from the usual flashpoint at the Strait of Hormuz, raises fears of wider disruptions. ---- Oil Majors Cut Production in Gulf of Mexico as Hurricane Isaias Strengthens Chevron, Shell and Harbour Energy have begun curbing production and evacuating personnel from offshore facilities as the region braces for the hurricane. ---- Devon Energy Sells Eagle Ford Assets to Crescent Energy for $4.2 Billion President and CEO Clay Gaspar said the deal is the outcome of an ongoing portfolio review and sharpens the company's focus on its highest-return and longest-duration assets. ---- PG&E CEO to California Politici

Dow Jones•2026-10-09 20:00
Sector Update: Energy Stocks Mixed Late Afternoon

Sector Update: Energy Stocks Mixed Late Afternoon

04:00 PM EDT, 10/09/2026 (MT Newswires) -- Energy stocks were mixed late Friday afternoon, with the NYSE Energy Sector Index increasing 0.1% and the State Street Energy Select Sector SPDR ETF (XLE) easing 0.2%. The Philadelphia Oil Service Sector Index rose 0.3%, and the Dow Jones US Utilities Index added 0.9%. In geopolitical news, US President Donald Trump said he'll soon release news concerning diesel and claimed that nearly record-high prices will soon come "tumbling" down, Al Jazeera, a Middle Eastern broadcaster, reported. West Texas Intermediate crude oil declined 0.4% to $91.12 a barrel, and global benchmark Brent shed 0.4% to $103.88 a barrel. Henry Hub natural gas futures rose 1% to $3.20 per 1 million BTU. In corporate news, BP (BP) said Friday it has shut in production and evacuated all personnel from its Na Kika and Thunder Horse platforms in the Gulf of America as it monitors Hurricane Isaias. Separately, Shell said Thursday it halted production at its Mars, Ursa, Olympus, and Vito assets in the Gulf of America while tracking Hurricane Isaias. BP shares were down 0.4%, and Shell eased 0.1%. ExxonMobil (XOM) blocked a proposal by partners in Kazakhstan's Kashagan oil field to settle a disputed $5.2 billion environmental fine, Bloomberg reported. ExxonMobil later persuaded TotalEnergies (TTE) to oppose the proposal, giving the two companies enough support to block the settlement, the report said. Exxon shares were up 0.1%, and TotalEnergies rose 0.3%. Equinor (EQNR) agreed to sell a 30% stake in the Bay du Nord offshore oil project in Canada to Shell. Equinor will retain a 70% stake and continue as the project's operator. Shares rose 0.2%. South Bow (SOBO) shares were down 2% after Barclays downgraded the stock to underweight from equalweight.

MT newswire•2026-10-09 20:00
Sector Update: Energy Stocks Rise in Afternoon Trading

Sector Update: Energy Stocks Rise in Afternoon Trading

01:54 PM EDT, 10/09/2026 (MT Newswires) -- Energy stocks rose Friday afternoon with the NYSE Energy Sector Index climbing 0.3% and the State Street Energy Select Sector SPDR ETF (XLE) edging up 0.1%. The Philadelphia Oil Service Sector Index eased 0.1%, and the Dow Jones US Utilities Index added 0.5%. West Texas Intermediate crude oil dropped 0.3% to $91.20 a barrel, and global benchmark Brent shed 0.4% to $103.88 a barrel. Henry Hub natural gas futures rose 1.8% to $3.23 per 1 million BTU. In corporate news, Equinor (EQNR) agreed to sell a 30% stake in the Bay du Nord offshore oil project in Canada to Shell (SHEL). Equinor will retain a 70% stake and continue as the project's operator. Equinor shares rose 0.7%, and Shell added 0.2%. BP (BP) said Friday it has shut in production and evacuated all personnel from its Na Kika and Thunder Horse platforms in the Gulf of America as it monitors Hurricane Isaias. Separately, Shell said Thursday it halted production at its Mars, Ursa, Olympus, and Vito assets in the Gulf of America while tracking Hurricane Isaias. BP shares were down 0.2%. ExxonMobil (XOM) blocked a proposal by partners in Kazakhstan's Kashagan oil field to settle a disputed $5.2 billion environmental fine, Bloomberg reported. ExxonMobil later persuaded TotalEnergies (TTE) to oppose the proposal, giving the two companies enough support to block the settlement, the report said. Exxon shares were up 0.2%, and TotalEnergies rose 1%.

MT newswire•2026-10-09 17:54
Dow Jones Top Energy Headlines at 11 AM ET: BP Curbs Production at Two Platforms in Gulf of Mexico Due to Hurricane Isaias | Oil ...

Dow Jones Top Energy Headlines at 11 AM ET: BP Curbs Production at Two Platforms in Gulf of Mexico Due to Hurricane Isaias | Oil ...

BP Curbs Production at Two Platforms in Gulf of Mexico Due to Hurricane Isaias All personnel have been evacuated from BP's Na Kika and Thunder Horse platforms in the Gulf of Mexico as it prepares for Hurricane Isaias. ---- Oil Prices Retreat After Trump Appears to Rule out Iran Strikes Before Midterms Oil fell Friday after surging the previous day, as traders weighed Trump's pledge not to attack Iran before the U.S. midterm elections against persistent shipping risks in the Persian Gulf and production shut-ins in the Gulf of Mexico. ---- Energy & Utilities Roundup: Market Talk Find insight on BP, Dialog and Bumi Armada and more in the latest Market Talks covering energy and utilities. ---- American Oil Refiners Are Printing Money as Wars Shrink Global Energy Supplies The earnings of independent fuel makers Valero Energy, Marathon Petroleum and Phillips 66 are set to crush the near-record results of the June quarter. ---- Iran and Houthis Try to Regain Upper Hand in Hormuz With Spate of New Attacks The clashes underscore the region's volatility and the difficulty that Trump faces keeping a lid on its conflicts at least until after midterm elections. ---- Tanker Attacks Push Deeper Into Gulf, Rattle Oil Markets A strike near Qatar, far from the usual flashpoint at the Strait of Hormuz, raises fears of wider disruptions. ---- Oil Majors Cut Production in Gulf of Mexico as Hurricane Isaias Strengthens Chevron, Shell and Harbour Energy have begun curbing production and evacuating personnel from offshore facilities as the region braces for the hurricane. ---- Devon Energy Sells Eagle Ford Assets to Crescent Energy for $4.2 Billion President and CEO Clay Gaspar said the deal is the outcome of an ongoing portfolio review and sharpens the company's focus on its highest-return and longest-duration assets. ---- PG&E CEO to California Politicians: Stop Stepping on Our Stock Price Can Patti Poppe save her company-and California? ---- Shell's Refining Margin Surges to Record The energy major expects its refining margin to hit

Dow Jones•2026-10-09 15:00

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