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News 2026-10-02 11:46 UTC

US Briefing 02/10/2026: France Floats Major Oil, Diesel Release In Response To US Pressure; Eurozone Inflation Rises More Than Expected; Pressure Mounts On ECB

France Floats Major Oil, Diesel Release In Response To US Pressure US Sent More Patriots To Protect Saudi, Qatari Energy Sites Kremlin: Russia Is Responding To Ukraine Attacks In The Black Sea Fed s Logan Wants More Hikes, But Says Bond Moves Could Help Fed s Cook Sees AI Inflationary Push As A Top 2027 Risk ECB's Rehn

News 2026-09-29 17:24 UTC

Oil Falls as SPR Release Boosts Supply

Crude oil fell toward $90.5 a barrel on Tuesday after the US ordered another release from its emergency reserves and as Saudi Arabia’s crude exports recover. The US will offer up to 40 million barrels from the SPR in an exchange, effectively a loan that companies repay with interest. The Energy Department said the prog

News 2026-09-29 11:38 UTC

Heating Oil Prices Edge Down

Heating oil futures fell to around $4.60 per gallon but remained close to the record high of $5.2 reached in mid-September, tracking volatile oil prices as traders continued to assess developments in the Middle East and the lack of progress in negotiations between the US and Iran aimed at ending the war. The conflict b

News 2026-09-29 10:26 UTC

Canada stocks: TSX futures muted as oil gains offset GDP caution

Sept 29 Reuters: December S&P/TSX futures down 0.05% at 6:00 a.m. ET as investors await July domestic GDP; crude near $105.47 with monthly gains around 17%, gold up 0.7%. Energy in focus after approval of Trans Mountain tolls settlement and Shell/LNG Canada Phase 2; Cleveland-Cliffs plans layoffs at Ontario plant.

News 2026-09-28 14:05 UTC

UAE and Kuwait boost naphtha exports to Asia outside Hormuz

ADNOC and Kuwait Petroleum Corp increased naphtha shipments in August and September via ship-to-ship transfers outside the Strait of Hormuz, helping Asian petrochemical producers raise output. Trade data showed combined Gulf exports rose to about 5 million tons in the two months.

News 2026-09-28 13:14 UTC

What's Going On With Exxon Mobil Stock on Monday?

ExxonMobil Holdings Corporation (NYSE: XOM ) shares are trading higher by almost 2% during Monday’s premarket session as Brent crude futures rebounded. U.S. President Donald Trump rejected an Iranian peace proposal aimed at resolving the conflict and reopening the Strait of Hormuz. Iran presented the peace proposal at

News 2026-09-28 01:15 UTC

Heating Oil Rises After 3-Day Decline

US heating oil futures rose above $4.70 per gallon, halting a three-day decline, as weaker diplomatic hopes in the Middle East outweighed uncertainty over potential US diesel export restrictions. President Donald Trump rejected Iran’s conditional proposal to reopen the Strait of Hormuz, dimming prospects for a quick re

News 2026-09-25 01:42 UTC

Heating Oil Falls for Third Session

US heating oil futures fell below $4.70 per gallon, declining for a third consecutive session to a two-week low, as uncertainty over US diesel export restrictions persisted. The White House denied reports of a planned 90-day ban, while Energy Secretary Chris Wright said the administration was instead seeking voluntary

News 2026-09-24 13:21 UTC

US energy secretary downplays diesel export ban idea as prices climb

Oil prices rose above $100 a barrel on the US-Iran geopolitical deadlock. Oil prices rose above $100 a barrel on the US-Iran geopolitical deadlock. Iran’s president said Wednesday he was open to talks to end the war, but warned that Tehran wouldn’t surrender its nuclear program — a major sticking point in the negotiati

News 2026-09-24 10:25 UTC

Middle East Crude — Benchmarks rebound on lack of progress in US — Iran talks

SINGAPORE, Sept 24 (Reuters) — Spot premiums for Middle East crude benchmarks Oman, Dubai and Murban rebounded as traders saw little meaningful progress from US-Iran talks and feared for a prolonged conflict. Iran and the US remain divided over how to end their conflict, but diplomacy must continue, a senior Iranian of