Energy Down as Oil Futures Hold Losses - Energy Roundup

Shares of energy companies fell as oil futures held their hefty Monday losses, hovering around $96 a barrel in New York as traders tried to assess the likelihood of peace negotiations in Iran.

Shares of Marathon Petroleum slipped despite the oil refiner logging a more than five-fold increase in third-quarter net income and agreeing to the sale of two Midwestern refineries to Carl-Icahn controlled rival refiner CVR Energy.

Saudi Aramco posted a sharp increase in quarterly profit, lifted by higher crude-oil sales volumes and prices.

 

Write to Rob Curran at rob.curran@dowjones.com

(END) Dow Jones Newswires

November 03, 2026 17:46 ET (22:46 GMT)

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