Energy & Commodities
Oil, gas, metals and the energy transition driving inflation and markets.
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
Petrobras weighs easier terms for Braskem ahead of August deadline
Brazil's state-controlled oil giant Petrobras is weighing easier contract terms for debt-strapped Braskem, including longer payment periods
Archrock's growth hinges on LNG exports and data center power demand
RBC Capital Markets expects Archrock's growth to be driven by rising LNG exports and data-center power demand, though it trimmed 2026-27 pro
Oil climbs as Iran rejects extending US deal tied to Hormuz shipping
Oil prices climbed as Iran rejected talks to extend a two-month US memorandum linked to keeping the Strait of Hormuz open. WTI reached $82.6
Energy stocks rise as Thiel takes $75.9M stake in Vista Energy
Oil prices held near $83 a barrel, supporting energy stocks in premarket trading. Meanwhile, tech billionaire Peter Thiel disclosed a $75.9
Oil Holds Near $90 as Hormuz Shipping Slows on Tanker Attack Fears
Brent crude is hovering near $90 a barrel as tanker attacks and stalled diplomacy keep traders focused on the risk of a wider supply squeeze
Thungela's Australian coal bet pays off as Ensham drives profit surge
Thungela Resources' Australian Ensham mine helped double half-year profit and lift the interim dividend. The miner is now looking to expand
New Zealand fuel prices drop sharply in July, easing pump pain
New Zealand drivers got a break in July as petrol fell 5.7% and diesel dropped more than 12% from June. Airfares rose, but fuel costs eased
Phillips 66 and Marathon Petroleum abandon $180B merger talks
Phillips 66 and Marathon Petroleum reportedly weighed a merger that would have created a $180 billion refining giant, but the talks collapse
RBC raises Vestas target to 250 kroner on margin confidence
RBC Capital Markets raised its price target on Vestas to 250 Danish kroner and boosted 2026-2028 earnings forecasts by 15-25% after meeting
Barclays raises RWE price target to €72 on capacity auction hopes
Barclays raised its price target on RWE to €72 from €68, pointing to German power-capacity auctions in September and December. The bank sees
Diversified Energy in early talks to buy Birch Resources for $1.7B
Diversified Energy is in early talks to buy Birch Resources, a deal that could top $1.7 billion. The acquisition would be a major move for t