Dow Jones Top Energy Headlines at 4 PM ET: Oil Prices Rise on Worries of Middle East Conflict Escalation | U.S. ...
Dow Jones2026/10/28 20:00Oil Prices Rise on Worries of Middle East Conflict Escalation
Oil prices rose on market concerns about possible U.S. military escalation against Iran after next week's midterm elections and renewed threats to Middle East energy supplies after Yemen's Houthi militants said they targeted Saudi Arabia's largest oil refinery.
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U.S. Crude Oil Stockpiles Fall for Fourth Straight Week
Commercial crude oil stocks fell by 1.9 million barrels last week, while gasoline stocks rose and distillate stocks fell, the EIA said.
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GE Vernova to Buy Grid-Equipment Manufacturer for $9 Billion as Energy Demand Grows
The energy company, formed from the breakup of General Electric, said the acquisition will create scale across its electrification portfolio.
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Equinor Earnings Double as Upended Energy Markets Offer Windfall
Equinor raised its full-year 2026 oil and gas production target to around 4% growth compared with 2025, up from its previous 3% target.
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Energy & Utilities Roundup: Market Talk
Find insight on oil futures, GE Vernova and more in the latest Market Talks covering energy and utilities.
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Trump Moves to Weaken Methane Emissions Rules for Oil and Gas
Small fossil-fuel producers have opposed regulations to curb releases of the potent greenhouse gas.
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Baker Hughes Revenue Lifted by Growing Demand From Energy, Industrial Markets
The energy company, however, reported a lower third-quarter profit of $411 million, or 41 cents a share, compared with a profit of $609 million, or 61 cents a share, a year earlier.
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Enphase Energy Extends Weakness on Slumping Residential Demand
The company's core U.S. residential business continues to face headwinds from higher interest rates and the expiration of federal tax credits.
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Eni Expects More Gas Drilling Offshore Europe as Supply Concerns Mount
The Cronos project off Cyprus in the eastern Mediterranean lays the foundation for future drilling in the region, according to chief operating officer, Guido Brusco.
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Natural Gas Is Feeding AI Data Centers. A $50 Billion Deal Proves It.
Natural gas producer EQT will acquire Range Resources in a deal valuing the combined company at over $50 billion.
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The Energy Stocks With the Most at Stake in the Midterms
NextEra, AEP and others could be impacted by next week's vote.
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EQT to Buy Range Resources in $13 Billion Stock Swap
EQT Corp. has struck a deal to buy Range Resources in a stock swap worth nearly $13 billion that would create a U.S. natural-gas giant.
(END) Dow Jones Newswires
October 28, 2026 16:00 ET (20:00 GMT)
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