Exploration & Production

Halliburton Beats Q3 Forecasts as Overseas Work Offsets a Softer U.S. Oil Patch

The oilfield-services giant earned $0.60 a share on an adjusted basis and kept buying back stock. North America slipped 5% from the second quarter while the Middle East and Asia grew 8%. Halliburton was among the first energy companies to report third-quarter results, and on Tuesday morning it beat Wall Street’s forecasts. The Houston company […]

Brent Hits a Five-Month High on Gulf Attacks, and Diesel Drivers Feel It First

Unconfirmed Houthi strike claims on Saudi oil sites and a reported mine hit in Hormuz pushed Brent past $111. With diesel at $6.32, truckers, farmers and grocery shoppers carry the load, and U.S. barrels and refineries are the cushion. By Energy News Beat  |  Tuesday, Oct. 20, 2026  |  Pump prices as of 7:19 a.m. […]

The LNG Bidding War is Driving Consumer Energy Costs Up

The global liquefied natural gas (LNG) market is locked in an intensifying bidding contest between Asia and Europe, driven by severe disruptions to Qatari supplies through the Strait of Hormuz amid the US-Iran conflict that began in late February 2026. Spot prices have more than doubled—surging roughly 150% from pre-conflict levels near $10.40 per million […]