Energy & Commodities
Oil, gas, metals and the energy transition driving inflation and markets.
Australian Shares Set to Open Higher as Oil Surge on Strait of Hormuz Tensions
Australian shares are set to open higher Monday, with energy stocks leading the charge as oil prices rise on fears Iran's expanded strikes c
Holtec Nuclear Files for IPO as Investor Interest in Atomic Power Surges
Holtec Nuclear, a US nuclear services company, has filed for an IPO as investor attention returns to nuclear power and electricity demand ri
Oil Prices Post First Weekly Gain in Five Weeks as US-Iran Tensions Escalate
Oil prices fell on Friday but still logged their first weekly gain in five weeks, as fresh US-Iran tensions kept traders focused on potentia
South Bow Stock Dips After $26 Million Settlement Over 2022 Keystone Oil Spill
South Bow's stock slipped after its subsidiaries agreed to pay more than $26 million to settle Clean Water Act allegations from the 2022 Key
Chord Energy's 4-Mile Wells Boost Efficiency, UBS Cuts Target to $153
Chord Energy's extended-reach wells are delivering better-than-expected cost savings and efficiency gains, according to UBS. The bank still
Magnolia Oil & Gas Poised for Record Q2 Cash Flow, UBS Says
UBS expects Magnolia Oil & Gas to post a strong second quarter, with production rebounding to 105,000 boe per day and free cash flow hitting
Plains All American Pipeline Q2 Preview: Canadian Exit Reshapes NGL Profit Picture
Plains All American Pipeline reports Q2 earnings on August 7. UBS forecasts a sharp drop in NGL profit to $40 million from $148 million, dri
Solaris Energy Surges on S&P SmallCap 600 Addition; Oil Steady Near $72
Solaris Energy Infrastructure shares rose nearly 4% in premarket trading after S&P Dow Jones Indices said it will join the S&P SmallCap 600
RBC Raises OMV Q2 Profit Forecast Above Consensus on Strong Refining Margins
RBC Capital Markets raised its Q2 profit forecast for OMV above Visible Alpha's consensus, pointing to strong macro conditions and better re
Greece Secures Summer Fuel Price Cuts: 10 Cents Off Gasoline, 5 Off Diesel
Greece has secured a temporary cut in fuel prices for the summer, with refineries reducing gasoline by 10 cents per liter and diesel by 5 ce
Endesa's July 29 Update: Tax Rollback and Court Ruling Could Boost Earnings
Endesa heads into its July 29 interim update with a tax tailwind. Spain's phasedown of a 7% generation tax and a May court ruling could add
RWE's Amprion Stake Boost Prompts RBC to Raise Price Target to €65
RBC Capital Markets raised its price target on German utility RWE to €65 after the company increased its stake in grid operator Amprion. The