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Energy & Commodities

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

Alaska Air Profit Forecast Hit by Rising Jet Fuel Costs After July Oil Spike
Energy

Alaska Air Profit Forecast Hit by Rising Jet Fuel Costs After July Oil Spike

Alaska Air warned investors that third-quarter profit could fall well short of expectations after a July surge in oil and jet fuel prices. T

Priya Raman ·
UBS Sees Diamondback Energy Topping Q2 Cash Flow Forecasts as Production Holds Strong
Energy

UBS Sees Diamondback Energy Topping Q2 Cash Flow Forecasts as Production Holds Strong

UBS expects Diamondback Energy to report stronger-than-expected cash flow per share of $11.46 in Q2, beating the consensus estimate of $11.2

Aisha Nkemdirim ·
F4 Uranium Launches Airborne Survey to Extend Known Uranium Trends at Wales Lake
Energy

F4 Uranium Launches Airborne Survey to Extend Known Uranium Trends at Wales Lake

F4 Uranium has started a 700-line-kilometer airborne geophysics survey over its Wales Lake project in northern Saskatchewan. The survey aims

Priya Raman ·
Oil Prices Rise as Strait of Hormuz Shipping Disruptions Persist Amid Ceasefire Talks
Energy

Oil Prices Rise as Strait of Hormuz Shipping Disruptions Persist Amid Ceasefire Talks

Oil prices climbed Tuesday as shipping disruptions in the Strait of Hormuz continued to slow tanker traffic. Markets are also weighing repor

Aisha Nkemdirim ·
Adani Total Gas Profit Falls 14% as Imported Natural Gas Costs Surge
Energy

Adani Total Gas Profit Falls 14% as Imported Natural Gas Costs Surge

Adani Total Gas saw net profit fall 14.2% in the June quarter as rising imported natural gas costs ate into revenue gains. The joint venture

Aisha Nkemdirim ·
Saudi Aramco's Q2 Profit Expected to Jump 40% on Higher Oil Prices
Energy

Saudi Aramco's Q2 Profit Expected to Jump 40% on Higher Oil Prices

Saudi Aramco's upcoming earnings could show a sharp profit jump as higher oil prices offset lower production. AlJazira Capital expects Q2 ne

Priya Raman ·
Vaar Energi's $1.33 Billion BlueNord Deal Creates a Nordic Oil Giant
Energy

Vaar Energi's $1.33 Billion BlueNord Deal Creates a Nordic Oil Giant

Vaar Energi is buying BlueNord in a $1.33 billion deal to create Europe's largest independent oil and gas producer. The Eni-backed firm expe

Priya Raman ·
Maurel & Prom Sales Jump 27% on $103.8 Oil as New $465M Credit Line Secured
Energy

Maurel & Prom Sales Jump 27% on $103.8 Oil as New $465M Credit Line Secured

Maurel & Prom's first-half sales rose 27% to $366 million as oil prices averaged $103.8 a barrel. The French producer also secured a new $46

Aisha Nkemdirim ·
Statkraft Q2 Profit Doubles as Nordic Power Prices Surge Despite Dry Weather
Energy

Statkraft Q2 Profit Doubles as Nordic Power Prices Surge Despite Dry Weather

Statkraft's Q2 profit doubled to NOK 5.1 billion as higher Nordic power prices offset lower hydropower output from dry weather. The result h

Priya Raman ·
Uranium Royalty Shareholders Approve Sweetwater Deal, Paving Way for Nasdaq Listing
Energy

Uranium Royalty Shareholders Approve Sweetwater Deal, Paving Way for Nasdaq Listing

Uranium Royalty shareholders approved the Sweetwater Entities acquisition, clearing the way for a new Delaware parent company to list on Nas

Priya Raman ·
Oil Rises to $82.94 as Houthi Threat to Block Saudi Shipments Rattles Markets
Energy

Oil Rises to $82.94 as Houthi Threat to Block Saudi Shipments Rattles Markets

Oil prices rose to $82.94 per barrel after Houthi rebels threatened to blockade Saudi oil shipments, escalating Middle East tensions. The Co

Aisha Nkemdirim ·
Oil Prices Jump as Houthi Threat to Saudi Shipping Revives Supply Fears
Energy

Oil Prices Jump as Houthi Threat to Saudi Shipping Revives Supply Fears

Oil prices climbed after Yemen's Houthis threatened a naval blockade on Saudi Arabia, raising fears of supply disruptions at the Bab el-Mand

Aisha Nkemdirim ·