Energy & Commodities
Oil, gas, metals and the energy transition driving inflation and markets.
Why US refiners are cashing in as crude prices fall
Crude oil prices are falling, but diesel and gasoline prices remain elevated. That gap is letting US refiners earn far more than usual, and
Oil India's quarterly profit more than triples on higher crude prices and output
Oil India's quarterly profit more than tripled to 28.70 billion rupees as crude prices and output both rose 11%. The state-run explorer's ma
Oil slips as $67B NextEra-Dominion merger faces Virginia governor scrutiny
Oil prices slipped and energy stocks edged lower, but the day's real focus was on a potential political twist in the $67 billion NextEra-Dom
DNO's £202M cash bid for Genel Energy rejected by board
DNO offered £202 million in cash for Genel Energy, but the board turned it down. The bid comes as Middle East oil M&A picks up, though Kurdi
CATL's Jianxiawo lithium mine restart still blocked by environmental review
CATL's Jianxiawo lithium mine in China remains closed as regulators require a new environmental impact assessment after the project's minera
ENEOS swings to profit as revenue climbs 19%, keeps outlook and dividend
ENEOS swung to a fiscal first-quarter profit as revenue rose 19%, but the Japanese refiner left its full-year forecast and planned dividend
Petrobras profit jumps 96% as oil rises, but fuel subsidies lag
Brazil's state-run oil giant Petrobras reported a 96% jump in second-quarter net profit and announced 17.4 billion reais in payouts. However
Oil prices jump but Suncor slips as CEO transition plan unveiled
Oil prices jumped Thursday, but Suncor Energy fell 2.4% after announcing a CEO transition plan through 2027. Here's what it means for invest
Virginia governor enters NextEra-Dominion merger review, seeking stronger promises
Virginia Gov. Abigail Spanberger plans to intervene in the state's review of NextEra Energy's $66.8 billion merger with Dominion Energy. She
Gold slips as oil jumps on Hormuz report, rate bets firm
Gold slipped as oil prices jumped over 4% on a report that Iran may restrict shipping in the Strait of Hormuz. The move also nudged traders
Orlen's refining margins drive Q2 profit beat despite fuel price cap
Poland's Orlen beat Q2 profit expectations as refining and petrochemical margins improved, lifting EBITDA LIFO to 13.9 billion zlotys. A tem
Constellation sells Texas gas plant to LS Power for $860M, lifts outlook
Constellation Energy agreed to sell its Brazos Valley gas plant in Texas to LS Power for $860 million, completing the last required divestit