A letter from the Vice President is the most senior American outreach to Tehran in months, and crude drifted lower on the news. The same reporting says Washington and Israel are still preparing a week of strikes after the Nov. 3 election. Both things are true, and the gap between them is what you are […]
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October’s Commodity Markets Outlook lifted Brent to $91 for 2026 and marked European gas up 27%. It also cut Henry Hub, the one energy forecast that fell. The stage of the gas business that Africa’s offshore fields most need is the one stage the Bank’s lending rules still bar. By Energy News Beat | Oct. […]
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EPA wants to scrap the “super emitter” leak program and ease the rules for marginal wells that make about 6% of America’s oil and gas. The savings are real, they are lumpy, and most of the money lands on wells that belong to the biggest operators. By Energy News Beat | Oct. 28, 2026 If […]
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Refining profit nearly doubled to $6.06 billion on 98% utilization and a third-quarter record 41% distillate yield. Record output is the good news. The margin is the warning. By Energy News Beat | Oct. 28, 2026 Company results from Phillips 66’s Form 8-K, Exhibit 99.1, filed Oct. 28, 2026; diesel, utilization and capacity data from […]
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Yemen’s Houthis say they hit Saudi Arabia’s largest refinery. Saudi Arabia has confirmed interceptions, not damage. Crude fell Tuesday on diplomacy and rose Wednesday on fear, while the national average held at $4.25 a gallon. By Energy News Beat | Oct. 28, 2026 | AAA read 6:14 a.m. CT Yemen’s Houthis say they hit Saudi […]
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ENB Pub Note: This article first ran on America Outloud By Yoshihiro Muronaka, and Ronald Stein. We highly recommend subscribing and reading everything from them! When Iran closed the Strait of Hormuz at the end of February, the world relearned a lesson it keeps forgetting: crude oil, by itself, moves nothing. Trucks, tractors, aircraft and […]
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Crude slipped on talks in Tehran, but diesel at $6.35 and heating oil near $4.83 wholesale are what families feel. What happens with Iran, not a campaign promise, will set the price at your pump on Nov. 3. By Energy News Beat | Oct. 27, 2026 | Prices checked 2:51 p.m. CT If you filled […]
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DOE approves an exchange of up to 400,000 barrels from an SPR already at its lowest level since 1982. A Phillips 66 spokesperson said the company expects no hit to operations. If you fill up anywhere in Louisiana or the Southeast, this one is worth a minute. On Friday, Oct. 23, the U.S. Department of […]
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Exxon, Chevron, Shell and BP report this week. Crude slipped last quarter, but diesel did not. Refiners’ margins roughly tripled from a year ago, and EIA data show refining now takes a bigger slice of every gallon you buy. By Energy News Beat. AAA prices read Oct. 27, 2026, 6:57 a.m. CT; EIA data checked […]
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Henry Hub futures slid to about $2.51 as warm forecasts trimmed heating demand. Here’s what that means for your heating bill, your power bill, and EQT’s all-stock deal for Range Resources. By Energy News Beat Natural gas fell Monday morning. The front-month Henry Hub futures contract fell more than 4% to about $2.51 per million […]
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