Energy & Commodities
Oil, gas, metals and the energy transition driving inflation and markets.
South Korea Extends Fuel Tax Cuts Through November, Adds Chuseok Discounts
South Korea is extending fuel tax cuts through November and adding extra discounts for the Chuseok holiday travel period. The move aims to k
EQT's Q3 Output May Miss Estimates, But Debt Target Stays on Track
UBS expects EQT's third-quarter results to come in below consensus after unplanned natural gas curtailments and weak Appalachian prices. Sti
Oil Drops Below $100, Dragging Energy Stocks Down
Oil prices slid back under $100 a barrel on Thursday, with WTI down 2.6% and Brent off 3.5%. Energy stocks followed, with Petrobras and BP s
Hallador secures $675M to build Turtle Creek gas plant, refinance debt
Hallador Energy has secured up to $675 million in new financing to build its 460-megawatt Turtle Creek gas plant and refinance about $120 mi
Oil slips as Saudi ship-to-ship transfers ease supply fears
Oil prices slipped after reports that Saudi Arabia is using ship-to-ship transfers off Oman's Sohar port to send extra crude to Asian refine
Nippon Steel's $1B Slovak furnace targets green steel by 2030
Nippon Steel is investing $1.04 billion in an electric arc furnace in Slovakia, with €350 million in subsidies, to produce lower-carbon stee
National Fuel Gas explores $5B sale or spinoff of its production arm
National Fuel Gas is exploring a sale, merger, or spinoff of its natural-gas production arm, Seneca Resources, plus related pipeline assets,
Oil slides to $103.91, dragging energy stocks lower in premarket
Oil prices slipped in early trading, with WTI down 1.8% to $103.91 a barrel, and energy stocks followed suit. Exxon Mobil dipped despite win
Berenberg Raises Neste Price Target to €40 on Renewable Fuel Mandates
Berenberg raised its price target on Neste to €40, arguing that renewable fuel premiums will stay supported as Europe and the US tighten cle
Oil slips as US stockpiles jump, but Middle East risks keep traders wary
Oil prices slipped after US crude stockpiles jumped more than expected, but Middle East supply disruptions kept traders on edge. Here's what
Oil's jump to $105 lifts energy stocks; TXNM-Blackstone merger gets another shot
Energy stocks rallied as oil climbed above $105 a barrel. Meanwhile, TXNM Energy and Blackstone asked New Mexico regulators to accept a revi
Ecopetrol's new state-backed board starts hunt for permanent CEO
Ecopetrol, Colombia's state-controlled oil giant, has overhauled its board and named CFO Camilo Barco as interim CEO. The move comes as offi