News Highlights: Top Energy News of the Day - Friday at 11 AM ET
Oil prices set for big weekly gain as traders await Israel's response to Iranian missile attack
Oil futures headed higher on Friday, with Brent prices on track to post a gain of more than 9% for the week, as tensions in the oil-rich Middle East continue to flare in the wake of Iran's missile attack on Israel earlier this week.
Is Europe's Biggest Battery Maker About to Run Out of Juice?
Sweden's Northvolt is in trouble as technical difficulties, slowing demand for electric vehicles and a dominant China threaten to upend the industry.
Energy & Utilities Roundup: Market Talk
TotalEnergies, Enbridge and more in the latest Market Talks covering Energy and Utilities.
Oil shock? How OPEC+ could soften the blow if the Middle East conflict hits supply.
The market has a not-so-secret cushion should Israel target Iran's oil industry.
Saudi Minister Warns of $50 Oil as OPEC+ Members Flout Production Curbs
The kingdom called out members for overproducing, in what was seen as a veiled threat of a price war.
TotalEnergies Lifts Production Target, Sticks With Shareholder Return Policy
The French energy company's announcement comes at a time when most European majors look likely to pull back on their lofty buyback pledges.
U.S. Adds to Crude Oil Stockpiles
Gasoline inventories also rose, while distillate fuel oil stocks fell.
UAE's Adnoc Buys Germany's Covestro for $13 Billion
The tie-up is part of the oil producer's big bet on chemicals, as it tries to transform into a fully integrated energy company.
John Hess Is the Latest Target for Antitrust Enforcers. The Oil Patch Isn't Happy.
The agency accuses Hess of improper talks with OPEC and will block him from joining the board of Chevron, which is trying to buy his oil company.
'Three New York Cities' Worth of Power: AI Is Stressing the Grid
Across the nation, utilities are worried about expanding the overburdened power grid, citing high costs and concerns about commitment from data center projects.
(END) Dow Jones Newswires
October 04, 2024 11:15 ET (15:15 GMT)
Copyright (c) 2024 Dow Jones & Company, Inc.-
Worst-Performing Stock ETFs of the Quarter
-
Q3 in Review and Q4 2024 Market Outlook
-
Top-Performing Stock ETFs of the Quarter
-
September Jobs Report Forecasts Show Moderate Hiring Gains
-
Port Strike a Headache for Shippers but a Potential Tailwind for Certain US Transport Stocks
-
13 Charts on Q3′s Roller-Coaster Rally for Stocks and Bonds
-
5 Stocks to Buy Instead of Overpriced US Equities
-
Q4 Stock Market Outlook: Where We See Opportunities for Investors
-
Consumer Defensives: Despite Angst, Thirsty Investors Have Names to Pursue
-
Industrials: Many Stocks Overvalued After Q3 Outperformance
-
Basic Materials: Despite Index Rise, We See Multiple Long-Term Opportunities
-
What the Election Could Mean for Big Tech Stocks
-
3 Lessons From Recent Stock Market Drama
-
Consumer Cyclicals: Even Amid Moderating Consumer Spending, We See Discounts
-
Healthcare: Valuations Look Fair Overall, With Select Industries Still Undervalued
-
Utilities: Falling Interest Rates, Growth Outlook Boosting Stocks