Oil scores back-to-back weekly gains as Israel-Hamas war raises risks in the Middle East

Oil futures end Friday with a loss, but score a second straight weekly climb, as investors monitor the Israel-Hamas war for signs of spillover. 


 
SLB Stock Drops on Revenue Miss. But Outlook Is Not So Bad.

CEO Olivier Le Peuch said SLB Is a "clear leader" in international markets. 


 
Controversial CO2 Pipeline Scrapped in Midwest

Navigator CO2 Ventures dropped plans to build a network of CO2 pipelines across the Midwest, delivering a victory for environmentalists and farmers opposed to the project. 


 
Pioneer CEO Signs Off With One Final Act: A Mega-Sale to Exxon

Scott Sheffield's $60 billion sale of Pioneer to Exxon hints at an uncertain future for U.S. frackers. 


 
Energy & Utilities Roundup: Market Talk

Gain insight on SolarEdge, Tamarack Valley Energy, Schlumberger, and more in the latest Market Talks covering Energy and Utilities. 


 
Analysts Expect 80 Billion Cubic-Foot Rise in U.S. Natural Gas Inventories

Government data are expected to show that U.S. natural gas inventories rose by 79.8 billion cubic feet in the latest week, according to a survey of analysts 


 
There's less to oil-price spike than meets the eye as Israel-Hamas war worries rise

Oil prices are volatile, but traders aren't panicking, despite rising fears of an escalation of Israel-Hamas war. 


 
U.S. Oil Inventories Fall as Production Remains at Record High

Crude-oil supplies fell by 4.5 million barrels last week to 419.7 million barrels, compared with analysts' expectations that stockpiles would rise by 400,000 barrel. 


 
Australia's Whitehaven to Buy Two BHP, Mitsubishi Coal Mines

Mining giant BHP Group and Japan's Mitsubishi have agreed to sell two jointly owned steelmaking coal mines in Australia to Whitehaven Coal for up to $4.1 billion in cash. 


 
Renewables Reminiscent of Shale Boom, Kimmeridge Leader Says

Private-equity firm Kimmeridge Energy Management is biding its time to expand investing in renewables while making big bets on oil and natural gas, a strategy reflecting co-founder Ben Dell's not-so-mainstream views.


(END) Dow Jones Newswires

10-23-23 0015ET