By Aisha Nkemdirim
Covers oil, gas, metals, the energy transition and the commodities driving inflation.
Oil Drops Below $100, Dragging Energy Stocks Down
Oil prices slid back under $100 a barrel on Thursday, with WTI down 2.6% and Brent off 3.5%. Energy stocks followed, with Petrobras and BP s
National Fuel Gas explores $5B sale or spinoff of its production arm
National Fuel Gas is exploring a sale, merger, or spinoff of its natural-gas production arm, Seneca Resources, plus related pipeline assets,
Oil slides to $103.91, dragging energy stocks lower in premarket
Oil prices slipped in early trading, with WTI down 1.8% to $103.91 a barrel, and energy stocks followed suit. Exxon Mobil dipped despite win
Oil slips as US stockpiles jump, but Middle East risks keep traders wary
Oil prices slipped after US crude stockpiles jumped more than expected, but Middle East supply disruptions kept traders on edge. Here's what
Ecopetrol's new state-backed board starts hunt for permanent CEO
Ecopetrol, Colombia's state-controlled oil giant, has overhauled its board and named CFO Camilo Barco as interim CEO. The move comes as offi
Pembina sticks with steady 5%-7% growth target through 2030
Pembina Pipeline is sticking with its steady growth plan through 2030, targeting 5%-7% fee-based EBITDA per share growth. RBC notes the comp
Oil Holds Above $107 as Hormuz Hopes Fade, Yields Top 5%
Brent crude holds above $107 as hopes for a quick return to normal Hormuz traffic fade, keeping a risk premium in oil prices. Meanwhile, 10-
Palm oil futures edge higher as crude rally and weaker ringgit lend support
Malaysian palm oil futures ticked up again, helped by climbing crude oil prices and a weaker ringgit. The move reflects ongoing supply conce
Dangote refinery IPO opens to Nigerians with 4.1 billion shares
Aliko Dangote's refinery IPO opens to Nigerian retail investors, offering 4.1 billion shares at 525 naira each. Proceeds will fund expansion
Brent crude tops $107 as Red Sea shipping risks lift tanker costs
Brent crude climbed back above $107 a barrel as Houthi threats near the Bab el-Mandeb strait raise the risk and cost of moving oil. Longer r
Chevron CEO warns oil's spare capacity cushion is nearly gone
Chevron CEO Mike Wirth says the oil market's safety cushion of spare capacity has been largely used up by the US-Iran conflict, leaving pric
Oil eases on Iran shipping talks, but Hormuz risk keeps markets on edge
Oil prices eased Friday after reports of possible temporary Iran shipping talks, but record US diesel prices and thinner tanker traffic thro