Morningstar

Energy Up With Oil Futures — Energy Roundup

Provided by Dow Jones

Shares of energy companies rose alongside oil futures, which tested the psychologically significant $100-per-barrel level in New York.

Oil rose by the largest weekly increment since July after Ukraine renewed attacks on Russian refineries, adding to concerns about persistent Middle East supply risks and uncertainty over shipping through the Strait of Hormuz.

Traders were also spooked by a report earlier in the week of surprisingly large drawdowns on U.S. fuel inventories.

Distillate inventories, which include diesel and heating oil, stood at about 102.6 million barrels in the week ended Oct. 9, according to the Energy Information Administration, down 12% from a year earlier.

Yaoyao Liu, a star oil trader who found himself deep in the hole on a bet made at the start of the Iran war, is set to leave commodities giant Vitol. 




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



  (END) Dow Jones Newswires



  October 16, 2026 17:44 ET (21:44 GMT)


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

					The articles, information, and content displayed on this webpage may
					include materials prepared and provided by third parties. Such
					third-party content is offered for informational purposes only and
					is not endorsed, reviewed, or verified by Morningstar.
				
 

					Morningstar makes no representations or warranties regarding the
					accuracy, completeness, timeliness, or reliability of any third-party
					content displayed on this site. The views and opinions expressed in
					third-party content are those of the respective authors and do not
					necessarily reflect the views of Morningstar, its affiliates, or employees.
				
 

					Morningstar is not responsible for any errors, omissions, or delays
					in this content, nor for any actions taken in reliance thereon.
					Users are advised to exercise their own judgment and seek independent
					financial advice before making any decisions based on such content.
					The third-party providers of this content are not affiliated with
					Morningstar, and their inclusion on this site does not imply any
					form of partnership, agency, or endorsement.
				
 

				Popular
				
 
  
 
 
 
 
What’s Ahead for Stocks This Quarter—and Where to Invest
 
Morningstar’s chief market strategist and economist share their outlooks for the fourth quarter of 2026. 
 
 
David Sekera, CFA, Preston Caldwell, and Susan Dziubinski 
 
 
 
5 Stocks to Sell for Tax-Loss Harvesting 
 
Plus, earnings season kicks off with big banks. 
 
 
David Sekera, CFA and Sarah Hansen 
 
 
 
Are TIPS ETFs the Best Way to Fight Inflation?
 
Plus, four TIPS ETFs with top marks from Morningstar, and what you need to know before investing. 
 
 
Daniel Sotiroff and Ivanna Hampton 
 
 
 
33 Undervalued Stocks to Buy Before the Market Shifts Again
 
Here’s the new list of Morningstar’s top analyst picks for the fourth quarter of 2026. 
 
 
Susan Dziubinski and Tori Brovet 
 
 
 
Ask the Analyst: What Is the Best Source for Low-Risk Tax-Free Income?
 
Even short-term muni funds aren’t totally immune from losses. 
 
 
Amy C. Arnott, CFA 
 
 
 
 

			Sponsor Center