Oil settles lower for a third straight session, with supplies so far unaffected by Israel-Hamas war
Oil prices end lower on Tuesday for a third consecutive session, as traders continued to monitor the Israel-Hamas war while fresh data out of Europe offered more evidence of a slowing economy.
Exxon, Chevron Look to West in Uncertain World
The two largest Western crude producers are focusing their investments closer to home as the world gets more dangerous.
Halliburton Stock Is Slipping. Revenue Missed, but Higher Oil Prices Should Help.
Oil-services firm Halliburton reported a mixed third quarter, with revenue missing estimates coupled with strong earnings.
Finland Suspects Chinese Ship's Anchor Damaged Gas Pipeline
Finland said a Chinese ship's anchor had likely caused a mysterious rupture of an undersea gas pipeline in the Baltic Sea earlier this month.
Energy Shocks to Hasten Move to Renewables, IEA Says
Global demand for fossil fuels is likely to peak before the end of the decade, with mounting shocks to the global energy system caused by geopolitical uncertainty hastening the move to renewable energy, the IEA said.
Chevron and Exxon May Have Kicked Off an Oil Land Grab
Few sizable targets remain in the most coveted U.S. shale basin after the oil supermajors' mega acquisitions, setting off a scramble for what is left.
Energy & Utilities Roundup: Market Talk
Find insight on Trans Mountain Corp., Viva Energy, Crescent Energy and more in the latest Market Talks covering the Energy & Utilities sector.
Chevron to Buy Hess for $53 Billion
The all-stock deal is the latest sign of consolidation in an oil-and-gas industry flush with cash.
Companies Clash Over Billions of Dollars in Hydrogen Tax Breaks
Big energy producers and environmental groups are trying to influence the rules governing a new clean-energy industry.
SLB Stock Drops on Revenue Miss. But Outlook Is Not So Bad.
CEO Olivier Le Peuch said SLB Is a "clear leader" in international markets.
(END) Dow Jones Newswires
10-25-23 0015ET
