Dow Jones Top Energy Headlines at 11 am ET: Brent Hits $100 Again as Houthi Attacks Threaten Further Supply Squeeze | U.S. ...

Dow Jones07-23 23:00

Brent Hits $100 Again as Houthi Attacks Threaten Further Supply Squeeze

Brent crude hit $100 a barrel for the first time in two months as the conflict in the Middle East widened after Iran-backed Houthi militants said they attacked two Saudi tankers heading toward the Bab al-Mandeb Strait.

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U.S. Natural Gas Futures Steady Ahead of Storage Data

U.S. natural gas futures were modestly higher ahead of the EIA's weekly inventory report, with the market also keeping watch on Tropical Storm Bertha as it makes its way along the Louisiana coast toward Texas.

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Is $150-a-Barrel Oil Really Back on the Table?

Predictions of record-setting crude oil prices were far off the mark earlier this year, but that could change.

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TotalEnergies Uses Cash From War-Induced Price Rises to Cut Debt

Continued high oil and gas prices offered a boost to earnings while enabling the company to cut its net debt by $3.3 billion, bringing it down to just shy of $20 billion.

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Repsol Sets Out Fresh Buyback as Earnings Surge

Repsol has no assets in the Middle East, and so has seen production broadly unaffected by the war this year.

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Eni to Buy European Fuel Service Station Business From Prax

The deal-for an undisclosed sum-was made through its Enilive subsidiary that is co-owned with U.S private equity company KKR, which has a 30% stake.

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Energy & Utilities Roundup: Market Talk

Find insight on TotalEnergies, Beach and Siemens Energy and more in the latest Market Talks covering energy and utilities.

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U.S. Commercial Crude Oil Stockpiles Post Weekly Build

Crude oil stocks rose unexpectedly last week by 2 million barrels as imports increased and exports fell, said the U.S. Energy Information Administration.

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ExxonMobil and Oil Stocks Rise After Rubio Says Iran 'Not Serious' About Talks

Renewed U.S. strikes on Iran have sent oil prices higher on Wednesday, with shares in energy companies like ExxonMobil gaining as Secretary of State Marco Rubio said Iran was "not serious" about peace talks.

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Equinor Hikes Buyback as Earnings Jump on Higher Energy Prices

Second-quarter adjusted operating income jumped over 75% as the Norwegian energy major captured higher oil and gas prices triggered by the conflict in the Middle East.

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Utilities Join Trump Pledge to Limit AI-Driven Increases in Electricity Bills

The effort could be hard to enforce because power prices are often decided by state regulators and electricity buyers and sellers.

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Trump Approves Landmark Nuclear Deal With Saudi Arabia in Big Win for Kingdom

The deal could mean large profits for American companies but also is likely to raise concerns about nuclear proliferation in the Middle East.

 

(END) Dow Jones Newswires

July 23, 2026 11:00 ET (15:00 GMT)

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