Energy Up With Oil Futures - Energy Roundup

Shares of energy companies rose alongside oil futures following fatal Houthi attacks on Saudi Arabia.

Energy futures have bounced around in recent sessions as a U.S. deal with Russia offset the escalation of attacks on Saudi.

Oil rose by more than 2% in New York to $93.74 a barrel Monday and remains 58% higher than its level a year ago.

Ukrainian President Volodymyr Zelensky said Russian strikes had hit energy infrastructure across his country hours after President Trump declared an energy ceasefire between the warring sides.

The logistics arm of United Arab Emirates' oil-and-gas giant Adnoc is in talks to acquire a big stake in HEA Energy, which builds energy infrastructure and provides transportation services, in a deal that would value the Middle Eastern-based energy marine services company at up to $3 billion.


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

(END) Dow Jones Newswires

October 12, 2026 17:04 ET (21:04 GMT)

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

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