energy News
BofA lifts 2026 Brent forecast to $77.50 on Hormuz disruptions
Bank raises price targets 17% across 14 oil producers as Strait of Hormuz disruptions erase 200M barrels from global inventories
Fujairah oil hub resumes operations after drone strike
Restoration at key UAE port provides limited relief as Strait of Hormuz remains closed amid Iran war
Energy shares rally as oil breaches $100 after Iran strikes
US military action spares key export terminal while Strait of Hormuz remains blocked
Aemetis narrows loss on efficiency gains, revenue still trails estimates
Renewable natural gas expansion and plant upgrades target $32M cash flow boost in 2026
Oil refiners surge as China fuel ban, Iran war squeeze supply
Diesel and jet fuel margins hit three-year highs as IEA approves record 400M barrel emergency stock release
HighPeak Energy surges 6% after dividend suspension
Oil company cuts capital spending by half despite reporting quarterly loss, prioritizing balance sheet strength over growth
SLB warns Q1 earnings hit from Middle East crisis, suspends operations
Oilfield services giant anticipates $0.06-$0.09 per share impact as geopolitical tensions force operational pause
Oil and gas rally as China hoards record crude in Hormuz crisis
Strategic stockpiling reaches 1.32 billion barrels as Strait of Hormuz disruption fuels global supply fears