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Energy & Commodities

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

Energy stocks slide as oil prices tumble; Baker Hughes bucks trend
Energy

Energy stocks slide as oil prices tumble; Baker Hughes bucks trend

Oil prices fell sharply Monday, with WTI dropping 5.7% to $84.25 and Brent sliding 6.1% to $90.90. Energy stocks followed, but Baker Hughes

Priya Raman ·
Oil's 30% Rally Shifts Global Rate Bets, but Canada's Central Bank Expectations Barely Budge
Energy

Oil's 30% Rally Shifts Global Rate Bets, but Canada's Central Bank Expectations Barely Budge

Oil prices have jumped more than 30% since early July, pushing traders to price in full rate hikes from the Bank of England and European Cen

Priya Raman ·
Berenberg lifts Repsol target to €31 on strong refining margins and buybacks
Energy

Berenberg lifts Repsol target to €31 on strong refining margins and buybacks

Berenberg raised its price target on Repsol to €31 after the Spanish energy giant beat Q2 expectations and sped up share buybacks. Strong re

Aisha Nkemdirim ·
TotalEnergies gas trading could rebound in Q3 after $800 million LNG profit drop
Energy

TotalEnergies gas trading could rebound in Q3 after $800 million LNG profit drop

TotalEnergies' LNG trading profit plunged $800 million in Q2, but Berenberg says gas prices have since rebounded. The bank trimmed its 2026-

Aisha Nkemdirim ·
RBC Sees Glencore Benefiting from Tighter Gas Markets and Volatility
Energy

RBC Sees Glencore Benefiting from Tighter Gas Markets and Volatility

RBC Capital Markets expects Glencore to benefit from tighter natural gas and LNG markets, which could boost its energy marketing earnings. T

Aisha Nkemdirim ·
Galp's Brazil Oil Output Drives 45% Profit Jump, Dividend Hike Planned
Energy

Galp's Brazil Oil Output Drives 45% Profit Jump, Dividend Hike Planned

Galp Energia's second-quarter adjusted profit rose 45% to €540 million, beating analyst expectations. Higher oil output in Brazil and strong

Priya Raman ·
Baker Hughes rides record $10.5 billion order book to Q2 profit beat
Energy

Baker Hughes rides record $10.5 billion order book to Q2 profit beat

Baker Hughes reported a record $10.5 billion in new orders during Q2, a 49% jump that helped the energy technology firm beat profit expectat

Priya Raman ·
Devon Energy May Sell $4 Billion in Shale Assets to Focus on Permian Basin
Energy

Devon Energy May Sell $4 Billion in Shale Assets to Focus on Permian Basin

Devon Energy is weighing a sale of its Eagle Ford and Powder River shale assets that could raise more than $4 billion. The move would sharpe

Aisha Nkemdirim ·
Oil Prices Slide on China-Brokered US-Iran Talks, But Weekly Gain Nears 10%
Energy

Oil Prices Slide on China-Brokered US-Iran Talks, But Weekly Gain Nears 10%

Oil prices dropped Friday as China reportedly pushed to restart US-Iran talks, raising hopes of a diplomatic resolution. Despite the slide,

Priya Raman ·
SLB Shares Surge Over 10% on Strong Q2 Earnings Despite Oil Price Drop
Energy

SLB Shares Surge Over 10% on Strong Q2 Earnings Despite Oil Price Drop

Oil prices slid on Friday, with WTI falling 3% and Brent dropping 3.9%, yet SLB shares climbed more than 10% after the company's Q2 earnings

Aisha Nkemdirim ·
Oil Prices Slide as Pakistan, with China's Backing, Seeks to Revive US-Iran Talks
Energy

Oil Prices Slide as Pakistan, with China's Backing, Seeks to Revive US-Iran Talks

Oil prices dropped sharply on Monday after Reuters reported that Pakistan, backed by China, is trying to restart stalled US-Iran negotiation

Priya Raman ·
Helium Evolution Raises C$25 Million for Saskatchewan Drilling Push
Energy

Helium Evolution Raises C$25 Million for Saskatchewan Drilling Push

Helium Evolution is raising C$25 million through a private placement to fund drilling in Saskatchewan. The deal, backed mostly by new intern

Aisha Nkemdirim ·