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Live News ENERGY FLASH M impact Oct 08, 2026, 10:48 AM UTC

WTI rises 5% to $92.68 a barrel

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Philippines plans national oil reserve by end-2027 The Philippines’ energy minister said the country plans to create a national oil reserve by end-2027 and is studying a regional stockpiling location with Japanese agencies. M impact | ENERGY | Oct 08, 2026, 11:19 AM UTC Brent rises 4.2% as U.S.-Iran tensions, Isaias risks weigh December Brent crude futures rose 4.2% to $104.42 a barrel as traders weighed intensifying Persian Gulf shipping risks, U.S.-Iran tensions, and U.S. offshore production shut-ins ah M impact | ENERGY | Oct 08, 2026, 10:48 AM UTC Malaysian palm oil futures rise over 3% on India demand Malaysian palm oil futures climbed more than 3%, recovering from two straight sessions of losses, as robust demand from India outweighed concerns over rising stockpiles. M impact | ENERGY | Oct 08, 2026, 10:43 AM UTC Naphtha refining margin climbs to July highs Asia’s naphtha refining crack rose by about $16 to around $210/metric ton versus Brent, the highest since July 31, as fresh Gulf vessel attacks revived supply concerns. M impact | ENERGY | Oct 08, 2026, 10:33 AM UTC Hallador executes $700M sale, lifts forward sales to $3 billion Hallador Energy says its wholly owned subsidiary Hallador Power Company executed six-year capacity and energy agreements with a utility in MISO Zone 6 and disclosed $700M sale proc M impact | ENERGY | Oct 08, 2026, 10:30 AM UTC Oman and Dubai crude benchmarks rise on Hormuz export risk Oman and Dubai rose for the first time in four sessions; spot premiums returned above $11 a barrel as Strait of Hormuz vessel transits fell to a two-month low. M impact | ENERGY | Oct 08, 2026, 10:09 AM UTC

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