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Energy & Commodities

Oil, gas, metals and the energy transition driving inflation and markets.

Oil tops $100 as diesel export ban talk lifts energy stocks
Breaking

Oil tops $100 as diesel export ban talk lifts energy stocks

Brent crude climbed back above $100 a barrel, lifting energy stocks, after Reuters reported the Trump administration is weighing a US diesel

Priya Raman ·
ConocoPhillips weighs sale of Norway assets and Teesside terminal
Energy

ConocoPhillips weighs sale of Norway assets and Teesside terminal

ConocoPhillips is evaluating an unsolicited offer for its Norway assets and the UK's Teesside terminal. With Brent crude near $100, the pote

Aisha Nkemdirim ·
Oil prices steady near $98 as Gulf exports rebound offsets Iran talks stall
Energy

Oil prices steady near $98 as Gulf exports rebound offsets Iran talks stall

Oil prices cooled in early Asian trading as a rebound in Gulf shipments offset supply anxiety from stalled US-Iran talks. Brent held near $9

Priya Raman ·
Ampol's AU$225M Evie Deal Expands EV Charging Network
Energy

Ampol's AU$225M Evie Deal Expands EV Charging Network

Ampol's AU$225 million acquisition of Evie Networks would lift its charging network to about 1,425 bays. But the company still expects EBITD

Aisha Nkemdirim ·
Liberty Energy's Frac Fleet Is Full, But UBS Sees a Soft Q3
Energy

Liberty Energy's Frac Fleet Is Full, But UBS Sees a Soft Q3

UBS expects Liberty Energy to report $143 million in Q3 adjusted EBITDA, below the $156 million Wall Street consensus, even with its frackin

Priya Raman ·
UBS sees Baker Hughes Q3 beat but trims price target to $69
Energy

UBS sees Baker Hughes Q3 beat but trims price target to $69

UBS expects Baker Hughes to slightly beat Q3 estimates, citing stronger Middle East activity and steady gas technology revenue. The bank tri

Priya Raman ·
Peabody and Glencore eye Venezuela's Zulia coal assets in talks
Energy

Peabody and Glencore eye Venezuela's Zulia coal assets in talks

Peabody Energy and Glencore are in talks to jointly pursue coal assets in Venezuela's Zulia state, according to Bloomberg. The discussions c

Aisha Nkemdirim ·
Oil tops $90 as US crude stockpiles rise; Kazakhstan revives $5.2B case
Energy

Oil tops $90 as US crude stockpiles rise; Kazakhstan revives $5.2B case

Oil prices climbed above $90 a barrel even as US crude stockpiles grew, signaling strong demand. Meanwhile, Kazakhstan revived a $5.2 billio

Aisha Nkemdirim ·
Snam's Bioenerys draws final bids from three suitors
Energy

Snam's Bioenerys draws final bids from three suitors

Snam's biomethane unit Bioenerys has attracted final bids from three suitors: Edison, F2i, and Retina Biometano. The business is valued at €

Aisha Nkemdirim ·
Brookfield Renewable lifts five-year spending target to $11B
Energy

Brookfield Renewable lifts five-year spending target to $11B

Brookfield Renewable plans to invest more than $11 billion over five years in wind, solar, storage, and nuclear. RBC says the firm will rely

Priya Raman ·
Oil hits $91 as Kazakhstan revives $5.2B case against energy giants
Energy

Oil hits $91 as Kazakhstan revives $5.2B case against energy giants

Oil prices rose to $91 a barrel on Wednesday, but energy majors face renewed legal pressure as Kazakhstan restarts a $5.2 billion environmen

Priya Raman ·
Fortum's Google power deal boosts earnings clarity, but Berenberg stays cautious
Energy

Fortum's Google power deal boosts earnings clarity, but Berenberg stays cautious

Fortum's 22-year power purchase agreement with Google improves earnings visibility, but Berenberg remains cautious. The bank flags power-mar

Priya Raman ·