Energy & Commodities
Oil, gas, metals and the energy transition driving inflation and markets.
NRG weighs bid for bankrupt West Virginia coal plant as owner fights to exit Chapter 11
NRG Energy is considering a deal for Pleasants Power Station, a bankrupt West Virginia coal plant. The plant's owner, Omnis Energy, is askin
Oil prices edge higher as US crude stockpiles post surprise jump
WTI rose to $85.48 and Brent to $91.26 even as US commercial crude inventories climbed 4.4 million barrels. Energy stocks were mixed, with t
Oil hits four-week high as Hormuz traffic stays thin
Brent crude settled at $91.62, a nearly four-week high, as traders weighed Middle East tensions and unusually light traffic through the Stra
LG Energy Solution shifts five US plants from EVs to grid storage
LG Energy Solution is converting five of its eight North American plants from EV batteries to grid storage cells by year-end. The shift resp
Venture Global's LNG ramp-up prompts RBC to lift profit forecasts
RBC Capital Markets has raised its 2026-2027 profit forecasts for LNG producer Venture Global as two key export projects move closer to star
Vibra's premium diesel cuts fuel use at Vale mines by up to 6%
Vibra Energia's premium diesel cut fuel use by 5-6% in tests at Vale mines. The move could help the retailer boost margins and deepen ties w
Energy stocks rise as oil holds near $85 and gas jumps 3%
Energy stocks edged higher as oil prices held near $85 a barrel and natural gas jumped 3%. A Bloomberg report that BP has resumed trading Ve
Brent Holds Near $92 as Iran Talks Fade and Safe Havens Gain
Oil prices remain firm near $92 a barrel as diplomatic hopes for the Strait of Hormuz fade. Investors are rotating into safe havens like Tre
Santos Holds Up Despite Project Delays, Sees Stronger Second Half
Santos reported underlying profit of $397 million, beating expectations despite commissioning delays at key projects. The LNG producer still
KKR's $9B UGI bid lifts energy stocks as oil and gas prices climb
Energy stocks climbed Tuesday as oil and gas prices rose and KKR reportedly made a $9 billion bid for UGI. The deal talk pushed UGI shares u
Oil climbs as Strait of Hormuz strike raises supply fears
WTI crude climbed 1.2% to $85.51 after a vessel was struck in the Strait of Hormuz and US-Iran talks looked further away. Brent reached $91.
Oil climbs to $85.32, lifting energy stocks ahead of Tuesday's open
Oil prices edged higher, with WTI at $85.32, supporting energy stocks. Petrobras is considering softer terms for Braskem ahead of an Aug. 24