energy News
Energy Sector Rallies as Oil Prices Hit Highs on Supply Fears
A larger-than-expected draw in U.S. crude inventories and geopolitical tensions surrounding Venezuela and Iran are bolstering energy stocks.
Vistra Soars 15% on 20-Year Nuclear Power Deal with Meta
The agreement secures a major source of zero-carbon power for Meta's growing data center needs and locks in long-term revenue for Vistra's nuclear assets.
Energy Sector Faces Headwinds as Bearish Oil Bets Hit Decade High
A Goldman Sachs report reveals investor sentiment on crude has soured to its most negative point in nearly 10 years, citing a looming supply glut.
Shell Shares Drop on Warning of Q4 Chemicals Loss, Weaker Gas Trading
The energy giant's update signals a sharp downturn in its chemicals and liquefied natural gas trading arms, raising concerns ahead of its full-year earnings report.
US to Control Venezuelan Oil Sales, Adding Pressure to Saturated Market
The plan to release 30-50 million barrels of Venezuelan crude into a market already facing a significant supply glut could drive oil prices lower in 2026.
Oil Prices Climb as US Reimposes Sanctions on Venezuela
The move tightens global heavy crude supply, creating a bullish outlook for energy producers as Wall Street anticipates higher-for-longer commodity prices.
Valero Energy Stock Nears 52-Week High on Venezuela Sanctions Report
Shares surge as reports suggest the U.S. will allow indefinite oil flows, a potential boon for Valero's specialized Gulf Coast refineries.
Oil Prices Slip as Fuel Stockpile Builds Undermine Crude Draw
A larger-than-expected drop in U.S. crude inventories was overshadowed by clear signals of weakening demand for gasoline and distillates, pressuring energy markets.