Energy & Commodities
Oil, gas, metals and the energy transition driving inflation and markets.
Oil Prices Dip but SLB's Strong Earnings Lift Energy Stocks
Oil prices slipped Friday morning, but energy stocks avoided a steep decline thanks to SLB's nearly 4% jump after beating Q2 earnings estima
Oil Slips on Friday but Posts 11% Weekly Gain as Middle East Tensions Persist
Brent crude dipped 2.77% to $97.90 a barrel on Friday, yet still posted an 11% weekly gain. Attacks near the Red Sea and jitters around the
U92 Energy Upsizes Unit Offering to C$7M, Adds Private Placement
U92 Energy upsized its unit offering to up to 17.5 million units at C$0.40 each, targeting gross proceeds of about C$7 million. The company
Neste's Strong Renewable Margins Fail to Lift Earnings, Stock Drops 8%
Neste's renewable fuel margins surged to $1,223 per ton in Q2, but adjusted EBITDA of €1.20 billion fell short of expectations. The stock dr
Oil Prices Set for 13% Weekly Gain as Strait of Hormuz and Red Sea Risks Mount
Oil prices eased Friday but are still on track for a sharp weekly gain after security threats disrupted two key shipping chokepoints. Brent
RBC Upgrades Karoon Energy After Strong Quarter, Sees Brighter Second Half
RBC Capital Markets upgraded Karoon Energy after a stronger-than-expected second quarter, driven by two cargoes from Brazil's Baúna field. R
Beach Energy's Dividend Cut Puts Capital Allocation Under Investor Spotlight
Beach Energy's 67% interim dividend cut has shifted investor focus to total returns and capital allocation. Euroz Hartleys says shareholders
BluEnergies Raises C$20.7M in Private Placement for Exploration Push
BluEnergies has closed a C$20.7 million private placement, selling 9.2 million units at C$2.25 each. Proceeds will fund exploration and work
Matador Resources to Buy EnCap-Backed Paloma Permian for $1.28 Billion
Matador Resources is spending $1.28 billion to buy EnCap-backed Paloma Permian, adding 16,235 undeveloped acres and 11,100 barrels of oil eq
Oil Prices Surge Past $99, Boosting Energy Stocks in Premarket Trading
Oil prices surged early Thursday, with WTI crude climbing 4.6% to $90.79 and Brent crude jumping 5.9% to $99.64. The rally boosted energy st
Oil Surge Past $99 Hits US Stocks as Red Sea Tanker Attacks Stoke Supply Fears
US stock futures fell as Brent crude climbed to $99.27 after Iran-backed Houthis attacked two Saudi oil tankers in the Red Sea. The escalati
Oil Surges Past $90 as Strait of Hormuz Traffic Slows and Houthi Attacks Mount
Oil prices jumped again Thursday, with WTI reaching $90.56, as the US-Iran conflict slowed traffic through the Strait of Hormuz and Houthi a