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(Reuters) – The Iran war was a key driver of the Republican Party’s shellacking in the US midterms on Tuesday, but the bruising defeat may make it more challenging for President Donald Trump to end the conflict. Whether he opts for a new round of strikes, a quick deal with Iran or simply maintains the …
COMMENTARY: Middle East to Pay for Trump’s Midterm Rout: Bousso Read More »
EnergyNow Morning Oil Price Report Report Date & Time: November 5, 2026 – 5:30 a.m. MST – Using Trading View Prices See Up-To-Date Prices Here Summary WTI crude is recovering, with the latest independently verified quotation at US$88.64 per barrel, up US$0.52, or 0.59%, from Wednesday’s official settlement of US$88.12. Oil is stabilizing after Wednesday’s …
(Reuters) – The Panama Canal expects to announce the pre-qualified bidders for a new container terminal project by the end of this year, Administrator Ilya Espino said on Wednesday, advancing a tender process linked to one of the world’s most strategic trade corridors. Speaking at an event in Houston, Espino said the canal authority has …
Panama Canal to Name Shortlisted Bidders for Terminal Project by Year-End Read More »
(Reuters) – Oil and gas producer SM Energy said on Wednesday it may temporarily shift drilling away from Utah’s Uinta Basin in early 2027, as takeaway constraints continue to limit production. The basin is rich in oil and gas reserves but crude produced there requires specialized transportation, limiting takeaway capacity. A planned expansion of a …
SM Energy May Shift Drilling in Early 2027 Amid Uinta Basin Constraints Read More »
(Reuters) – U.S. crude stocks, gasoline and distillate inventories fell last week, the Energy Information Administration said on Wednesday. Crude inventories fell by 865,000 barrels to 409.8 million barrels in the week ended October 30, the EIA said, compared with analysts’ expectations in a Reuters poll for a 877,000-barrel rise. Crude stocks at the Cushing, …
US Crude Stocks, Gasoline and Distillate Inventories Fall – EIA Read More »
(Reuters) – The Iran war was a key driver of the Republican Party’s shellacking in the US midterms on Tuesday, but the bruising defeat may make it more challenging for President Donald Trump to end the conflict. Whether he opts for a new round of strikes, a quick deal with Iran or simply maintains the …
Middle East to Pay for Trump’s Midterm Rout: Bousso Read More »
(Updates) S&P 500 Energy Sector declines 3%, with oil prices falling 2.5% Democrats capture control of the US Congress from President Donald Trump’s Republicans in the midterm elections, denting the risk premium for a further escalation of the ongoing war with Iran Brent futures down 2.54% at $100.97/bbl, while US West Texas Intermediate crude futures …
Energy Sector Falls as Democratic Sweep Dents Iran War Risk Premium Read More »
(Reuters) – The global oil market has moved back into surplus after months of disruption caused by US-Israeli war with Iran, JPMorgan said in a note on Wednesday, while HSBC raised its forecasts for Saudi Aramco crude oil production. JPMorgan estimates the global oil market returned to a surplus of 1.1 million barrels per day …
JPMorgan, HSBC Say Oil Supplies are Recovering From Middle East Disruption Read More »
(Reuters) – Asian nations that have borne the brunt of the US-Israeli war on Iran and US President Donald Trump’s trade tariffs are hopeful that Democrats will be able to temper his most harmful policies. Democrats were on track to claim the House of Representatives and the Senate in US midterm elections, with early results …
Asia Hopes Democrats Can Provide Relief From Trump’s Iran War, Tariffs: Russell Read More »
A sweeping Democratic win in US midterm elections is the latest curve ball to markets grappling with the repercussions of the Iran war and an AI boom that has bolstered growth and inflation, just as the world’s biggest economy’s debt load mounts. While the overall market reaction to the results was modest on Wednesday, with …
PERSPECTIVE: Democratic Sweep Adds New Twist to Markets’ Iran War, AI, and Debt Worries Read More »
