Dow Jones Top Energy Headlines at 7 am ET: Oil Prices Rise as Middle East Supply Risks Persist | U.S. ...

Dow Jones11-13 20:00

Oil Prices Rise as Middle East Supply Risks Persist

Oil prices rose, rebounding from declines earlier in the session, as traders weighed continued disruptions to Middle Eastern oil shipments against prospects for U.S.-Iran diplomacy.

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U.S. Collected $12 Billion in Venezuelan Oil Sales, Returning Nearly All of It

A State Department report shows Caracas has received most of the revenue, while Trump says the U.S. has profited from the oil sales.

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U.S. Crude-Oil Stockpiles Post Unexpected Weekly Build

Commercial crude-oil inventories rose by 4.7 million barrels to 414.4 million barrels, the EIA said. Inventories were expected to have fallen by 700,000 barrels, according to a Wall Street Journal survey of analysts.

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U.S. Natural Gas Futures Extend Gains

U.S. natural gas futures rose as a colder near-term weather outlook supported heating demand expectations along with solid LNG exports.

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Energy & Utilities Roundup: Market Talk

Find insight on oil futures, Dialog and more in the latest Market Talks covering energy and utilities.

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Poland's Orlen Cancels Qatar LNG Supply Deal After Months of Force Majeure

The termination of the long-term LNG supply contract with QatarEnergy marks the first-known cancellation of an agreement with the exporter since the Iran war began.

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Bad News for Nuclear: A Landmark Reactor Just Got Delayed

GE Vernova Hitachi's small nuclear reactor in Ontario, Canada, is facing delays and cost overruns.

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OPEC's Oil Production Nears Prewar Levels on Saudi Rebound

OPEC members boosted crude output toward prewar levels in October as alternative pipelines and other workarounds became a vital lifeline.

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Talen Energy Stock Rises on Another Big Power Deal. Wall Street Sees More Upside.

Talen Energy secures about $100 million in annual revenue for seven years.

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Vestas Wind Systems Shares Drop on Earnings Miss, Narrowed Guidance

Shares in the Danish wind-turbine maker fell after third-quarter earnings missed expectations while a narrowed guidance implied cuts to consensus expectations.

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KKR, Germany's RWE Invest $16 Billion in U.K. Wind-Power Projects

Both parties will develop, construct and operate the Vanguard West and East projects in the British North Sea, which rank among the U.K.'s largest offshore-wind developments.

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E.ON Backs Guidance as Energy Infrastructure Investments Continue

The electric utility group said new projects for industrial and commercial customers were a key growth driver, and added earnings were supported by smart-meters and other assets.

 

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