Dow Jones Top Energy Headlines at 4 AM ET: Oil Prices Settle Near Prewar Prices, Gas Falls Below $4 After Iran Deal Is Signed | U.S. ...

Oil Prices Settle Near Prewar Prices, Gas Falls Below $4 After Iran Deal Is Signed

Brent crude and WTI were dropping after the signing of the U.S.-Iran peace deal, with markets focusing on the prospect for a swift reopening of the Strait of Hormuz.

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U.S. Natural Gas Futures Rise on Moderate Storage Build

U.S. natural gas futures settled higher as a weekly inventory report landed at the low end of market expectations, leaving the storage surplus unchanged form the previous week.

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No Oil Demand Peak in Sight, OPEC Says

The cartel forecast demand to grow by 19 million barrels a day to around 124 million barrels a day in 2050, driven by road transportation, aviation and petrochemicals.

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Two key things that need to happen before Strait of Hormuz traffic can return to prewar levels

The U.S. and Iran have signed peace deal that extends their cease-fire for another 60 days. Now, a series of practical steps are needed for traffic to pick back up through the shipping chokepoint.

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Saudi Aramco Weighs Expanding Storage Capacity After Iran War

Aramco is considering expanding its global oil-storage network after the Iran war exposed the importance of strategic reserves in keeping crude flowing to customers.

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Deal Gives Iran Chance to Turbocharge Its Oil Revenue

Iran could earn more than $60 billion in annual sales, potentially helping to restore the regime's economic lifeblood.

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Energy & Utilities Roundup: Market Talk

Find insight on crude futures, oil rigs, the Strait of Hormuz and more in the latest Market Talks covering energy and utilities.

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U.S. Crude Oil Stockpiles Fall More Than Expected

Commercial crude oil stocks were down by 8.3 million barrels as net imports decreased and refineries ran near full capacity.

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Oil Supply Could Far Outstrip Demand Growth if Middle East Peace Deal Holds, IEA Says

Oil consumption is set to fall sharply lower before flows through Hormuz gradually normalize, setting the stage for a supply surge that could far outstrip demand growth .

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The Trump-Iran Deal Allows Tehran to Immediately Sell Oil

The agreement also waives banking and transport sanctions to facilitate transactions, an early financial benefit.

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Equinor Doubles Share Buyback to $3 Billion Under New Plan Targeting Fossil Fuel Growth

The energy company plans to spend more on oil and gas projects in a bid to grow production and increase shareholder returns.


(END) Dow Jones Newswires

June 19, 2026 04:15 ET (08:15 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

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