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Energy Up With Oil Futures as Middle East War Escalates - Energy Roundup

Provided by Dow Jones Sep 8, 2026, 9:44:00 PM

Shares of energy companies rose alongside oil futures as a conflict in the Middle East escalated.

Refiners such as Marathon Petroleum and Valero, which are benefitting from a rising "crack spread" between oil prices and refined products, hit all-time highs.

There was a multibillion dollar deal in the Canadian oil patch. Tamarack Valley agreed to acquire Headwater Exploration in a 10 billion Canadian dollars ($7.24 billion) all-stock deal, uniting two major heavy-oil producers in Alberta.

Write to Rob Curran at rob.curran@dowjones.com

(END) Dow Jones Newswires

September 08, 2026 17:44 ET (21:44 GMT)

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

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