Dow Jones Top Energy Headlines at 11 am ET: Oil Futures Make Moderate Gains Awaiting U.s.-iran Moves | Oil ...

Dow Jones07-16 23:00

Oil Futures Make Moderate Gains Awaiting U.S.-Iran Moves

Oil futures were higher for a fourth session with the U.S. and Iran continuing strikes and transit through the Strait of Hormuz down to a trickle.

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Oil is facing a supply crunch - and the war in Iran isn't the only problem

Constraints on Russia's refining system have added to the existing crisis, strategists at J.P. Morgan said.

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Energy & Utilities Roundup: Market Talk

Find insight on Seatrium, Amplitude Energy, Santos and more in the latest Market Talks covering energy and utilities.

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TotalEnergies Expects Earnings Boost From War-Fueled Price Rally

TotalEnergies expects second-quarter results to receive a boost from the extended rally in energy prices prompted by the Middle East conflict, and for income from liquefied natural gas to fall sharply.

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U.S. Crude Oil Stockpiles Post Weekly Withdrawal

Commercial crude oil stocks fell by 1.7 million barrels last week. Analysts expected crude stocks to decline by 900,000 barrels.

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China's Crude Buying Pause Has Helped Cushion the Market. That Might Be Changing.

A prolonged slump in China's crude buying might be nearing an end, removing a key cushion for the global oil market just as renewed U.S.-Iran tensions put Gulf supplies at risk once again, according to some market watchers.

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Europe's Scramble for Gas Ahead of Winter Gets Harder

The Strait of Hormuz used to carry around 20% of global liquefied natural gas flows, while Iranian attacks have wiped out 17% of Qatar's LNG export capacity.

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IMF Sees Reduced Cushion Against Oil Disruption for Global Economy

The global economy has less capacity to cushion the blow from a reduction in energy supplies moving through the Strait of Hormuz as the U.S. and Iran resume hostilities, the International Monetary Fund said.

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Energy & Utilities Roundup: Market Talk

Find insight on oil futures, U.S. oil stock depletion and more in the latest Market Talks covering energy and utilities.

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BP Sees Further Oil-Trading Gains as Iran Conflict Fuels Volatility

Quarterly reported upstream production is expected to range from 2.17 million to 2.22 million barrels of oil equivalent a day, compared with 2.34 million barrels of oil equivalent a day in the first quarter.

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Trump Backtracks on 20% Toll for Shipping in Hormuz Strait

Brent crude prices remain at their highest since the days before the U.S. and Iran signed a memo of understanding aimed at reopening the strait and pausing hostilities.

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Oil Surges Most Since 2020, Reflecting Bet That Strait Won't Go Back to Normal

The international crude price climbed nearly 10% as President Trump said he would reimpose the U.S. blockade.

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Trump Says He Is Reimposing the U.S. Blockade of Iran

The move would sharpen a standoff over control of Hormuz that has led to days of fighting.

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U.A.E. Crude Output Surged in June After OPEC Exit

The United Arab Emirates boosted crude output by 80% in June from the previous month after quitting the Organization of the Petroleum Exporting Countries to escape production quotas and bring oil to the market on its own terms.

 

(END) Dow Jones Newswires

July 16, 2026 11:00 ET (15:00 GMT)

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