Conventional Energy

Auto Added by WPeMatico

U.S. MIDTERM MADNESS: Oil Prices Rebound as U.S. Strikes Iran’s Qeshm Island, Renewing Middle East Supply Fears – WTI Near $98, Brent Above $106

Conventional Energy, Energy Topics & Technology, Latest, Oil, Tri-Pinned, US News / By

EnergyNow Morning Oil Price Report Report Date & Time: November 3, 2026  – Using Trading View Prices See Up-To-Date Prices Here Summary WTI crude is moving higher, with the latest independently verified quotation at US$98.06 per barrel, up US$1.60, or 1.66%, from Monday’s official settlement of US$96.46. Oil is recovering following Monday’s dramatic selloff. Brent …

U.S. MIDTERM MADNESS: Oil Prices Rebound as U.S. Strikes Iran’s Qeshm Island, Renewing Middle East Supply Fears – WTI Near $98, Brent Above $106 Read More »

Diamondback Energy, Inc. Announces Third Quarter 2026 Financial and Operating Results; Increases Base Dividend

Conventional Energy, Latest, Oil, Press Releases / By

MIDLAND, Texas, Nov. 02, 2026 (GLOBE NEWSWIRE) — Diamondback Energy, Inc. (NASDAQ: FANG) (“Diamondback,” “we,” “our” or the “Company”) today announced financial and operating results for the third quarter ended September 30, 2026. THIRD QUARTER 2026 HIGHLIGHTS Average oil production of 525 MBO/d (1,034 MBOE/d) Net cash provided by operating activities of $2.6 billion; Operating …

Diamondback Energy, Inc. Announces Third Quarter 2026 Financial and Operating Results; Increases Base Dividend Read More »

US LNG Exports Hit Second-Highest Monthly Level on Record as Europe Demand Surges

Conventional Energy, Latest, LNG, US News / By

(Reuters) – US LNG exports climbed to their second-highest monthly level on record in October as producers boosted output to capture strong European demand and multi-year-high natural gas prices, according to LSEG data. Exports to Europe rose to 6.89 million metric tons in October, up nearly 1 million tons from 5.91 MT in September, LSEG …

US LNG Exports Hit Second-Highest Monthly Level on Record as Europe Demand Surges Read More »

Diamondback Energy Beats Profit Estimates as Iran War Lifts Oil Prices

Conventional Energy, Energy Topics & Technology, Exploration & Production, Latest, Oil, US News / By

Nov 2 (Reuters) – US shale producer Diamondback Energy (FANG.O) surpassed Wall Street expectations for third-quarter profit on ​Monday, helped by higher output and elevated global oil ‌prices amid supply disruptions stemming from the Middle East conflict. The Iran war, now in its eighth month, has disrupted energy supplies and shipping through the Strait ​of …

Diamondback Energy Beats Profit Estimates as Iran War Lifts Oil Prices Read More »

Sectors Bracing for a Pivot as US Midterm Elections Loom

Artificial Intelligence, Conventional Energy, Data Center, Electricity Grid, Energy Topics & Technology, Latest, Natural Gas, Oil, Renewable Energy, Solar, US News, Wind / By

(Reuters) – As the US midterm elections approach, Corporate America is bracing for a potential shift in the balance of power in Washington. In case of a strong Democratic showing, analysts and strategists say clean energy, housing and healthcare stocks could benefit, while AI, data center and defense names may draw greater scrutiny from lawmakers. …

Sectors Bracing for a Pivot as US Midterm Elections Loom Read More »

Asia’s Crude Oil Imports Back to Pre-War Levels But Refined Fuels Lag: Russell

CDN and International News, Conventional Energy, Latest, Oil / By

(Reuters) – Asia’s imports of crude oil recovered in October to match levels prior to the Iran conflict, but in a sign that the real stress in energy markets is in refined products, imports of fuels such as diesel and gasoline remained soft. The top energy-importing region saw crude arrivals of 26.39 million barrels per …

Asia’s Crude Oil Imports Back to Pre-War Levels But Refined Fuels Lag: Russell Read More »

Goldman Sachs Raises Oil Price Forecasts, Sees Brent Upside at $140 a Barrel

Conventional Energy, Energy Topics & Technology, Finance, Forecasts, Latest, Oil, US News / By

(Reuters) – Goldman Sachs raised its oil price forecasts on Sunday due to elevated supply risks and said Brent could rise to $140 a barrel in 2027 if Gulf oil output stays 3.5 million bpd below its 2025 average. The bank raised its December Brent crude oil price forecast to $105 a barrel from $90, …

Goldman Sachs Raises Oil Price Forecasts, Sees Brent Upside at $140 a Barrel Read More »

SWING ENERGY STATES: A Guide to Swing-State Energy Politics ahead of US Midterms

Conventional Energy, Latest, LNG, Natural Gas, Oil, US News / By

Energy inflation is squeezing battleground US voters where it hurts most: their utility meters and fuel tanks. Households in the states most likely to decide control of Congress in the November 3 midterm elections are paying $50 to $60 more a month for power and gasoline than a year ago, highlighting a budget strain that …

SWING ENERGY STATES: A Guide to Swing-State Energy Politics ahead of US Midterms Read More »

EXPANDING ITS FOOTPRINT: Matador Expands San Mateo Midstream with Delaware Basin Gas Deals

Conventional Energy, Latest, Natural Gas, US News / By

(Reuters) – Oil and gas company Matador Resources said on Monday its San Mateo Midstream joint venture has ​signed two long-term agreements with a large producer ‌in the Northern Delaware basin, expanding its natural gas gathering and processing footprint in New Mexico. Of the two agreements, the ​new contract is to gather and treat natural …

EXPANDING ITS FOOTPRINT: Matador Expands San Mateo Midstream with Delaware Basin Gas Deals Read More »

Big Oil’s Spending Caution Speaks Louder than its Profits: Bousso

Conventional Energy, Energy Commentary, Energy Topics & Technology, Latest, Oil, US News / By

(Reuters) – Big Oil is reaping near record cash windfalls from the eight-month-old Iran war, but Western energy producers’ reluctance to ramp up spending reveals persistent doubts about the industry’s long-term outlook. BP, Chevron, Exxon Mobil, Shell and TotalEnergies reported combined net profits of $56 billion in the third quarter, driven by surging oil and …

Big Oil’s Spending Caution Speaks Louder than its Profits: Bousso Read More »

Subscribe
Subscribe