U.S. oil prices settle below $80 a barrel as China data spotlights demand prospects
Oil futures end at their lowest since July 21.
Enel Raises Guidance After Surge in Profit
The Rome-based energy company upgraded its guidance for the year after profit more than doubled in the first nine months
Aramco Profits Fall on Lower Prices
Saudi Arabia's national oil company reported a drop in third-quarter profits to $33 billion due to lower energy prices and volumes sold.
Engie Upgrades Outlook on Improved Third Quarter
Engie said it now expected to report non-nuclear underlying earnings of EUR9-EUR10 billion for the year after it posted increased profits for the first nine months.
Energy & Utilities Roundup: Market Talk
Find insight on pressures on the wind industry, Engie Brasil Energia, Shell, and more in the latest Market Talks covering the Energy & Utilities sector.
Kinder Morgan to Purchase NextEra Energy Partners' Texas Pipeline For $1.8 Billion
Transaction to be funded with cash on hand and short-term debt, Kinder Morgan said.
Couche-Tard Gets Regulatory OK For TotalEnergies Deal
The Canadian convenience-store operator can complete its purchase of TotalEnergies' European retail assets after the company received a decision from the European Commission not to oppose the deal.
Oil prices end higher as Saudi Arabia, Russia confirm extension of output cuts
Oil futures rise after Saudi Arabia and Russia affirm they will extend production cuts through year-end.
Saudi Arabia extends 1 million-barrel-a-day oil production cut through December
Saudi Arabia on Sunday confirmed it would extend a production cut of 1 million barrels a day, which first took effect in July, through the end of December.
Oil Prices Rise as Saudi, Russia Stick to Output Cuts
A key determining factor for where oil prices go from here is whether Saudi Arabia and Russia decide to keep their cuts going into the early part of 2024.
(END) Dow Jones Newswires
11-08-23 0015ET
