Dow Jones Top Energy Headlines at 7 AM ET: Oil Slides Below $100 a Barrel, With Focus on Iran Outlook After U.S. Midterms | ConocoPhillips ...

Oil Slides Below $100 a Barrel, With Focus on Iran Outlook After U.S. Midterms

Oil prices were set for a sharp weekly drop, with Brent crude falling below $100 a barrel as traders await Washington's next move on Iran.

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ConocoPhillips Profit Rises as Oil Prices Climb

The oil and natural-gas company posted a third-quarter profit of about $4 billion, or $3.34 a share, compared with $1.73 billion, or $1.38 a share, a year earlier.

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BP Sells 5% Stake in Aker BP for $1 Billion as Balance Sheet Repair Continues

The British energy major is looking to accelerate efforts to shore up its balance sheet and simplify its portfolio.

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Energy & Utilities Roundup: Market Talk

Find insight on oil futures, Orsted, National Grid and more in the latest Market Talks covering Energy and Utilities.

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U.S. Crude Oil Stockpiles Post Fifth Straight Weekly Drop

Commercial crude oil stocks fell by 865,000 barrels, while distillate stocks fell to their lowest level in more than two decades, the EIA said.

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The AI Data-Center Backlash Is Real. Why Bloom Energy Stock Can Be a Winner.

The AI power supplier offers clean solutions to the data center energy problem and bypasses the grid.

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European Gas Market Braces for Trump's Next Move on Iran After Midterms

European natural-gas prices fell, reversing earlier gains, as traders waited to see whether Trump will pursue diplomacy with Iran or launch renewed strikes.

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Saudi Aramco Profit Surges, Offering Some Relief to Kingdom's Finances

The state-owned energy giant attributed the boost to higher crude volumes sold from maintaining consistent production, as well as higher prices of refined and chemical products.

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Williams Cos. Shrugs Off AI Data Center Jitters With Power Generation Ambitions

The company credited its 400 megawatt power deal with Meta for its optimistic guidance.

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Carl Icahn's CVR Energy Strikes $4 Billion Deal for Two Marathon Refineries

The deal comes as global conflicts have boosted U.S. refiners' sales.

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Iran War Threatens Record Annual Drop in Global LNG Supply, IEA Says

Liquefied-natural-gas output was set for its steepest annual decline on record as the Iran war chokes off supplies and intensifies competition among importers.

(END) Dow Jones Newswires

November 06, 2026 07:00 ET (12:00 GMT)