Dow Jones Top Energy Headlines at 7 AM ET: Oil Prices Rise More Than 2% as Attacks on Saudi Arabia, U.S.-Iran Risks Persist | PG&E ...

Oil Prices Rise More Than 2% as Attacks on Saudi Arabia, U.S.-Iran Risks Persist

Oil prices rose with Brent climbing above $111 a barrel as traders weighed renewed attacks on Saudi energy infrastructure and the risk of further U.S.-Iran hostilities against recovering Middle East oil supplies.

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PG&E Profit Falls as Revenue Dips But Backs Full-Year Guidance

The Oakland, Calif., utility posted third-quarter earnings of $776 million, or 34 cents a share, compared with $850 million, or 37 cents a share, a year earlier.

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Energy Security Concerns Spur U.K. to Preserve Gas Pipelines to Europe

The pipelines are only used occasionally but give the U.K. greater flexibility to tap gas from other sources in times of high demand, such as severe winters.

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One of Your Fuel Bills Is Poised to Be Lower This Year

Record domestic production and expectations for mild weather are keeping natural-gas prices low.

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Trump Says Data Centers Must Provide Their Own Electricity

The move is the president's latest attempt to address widespread opposition to the AI boom ahead of the midterm elections.

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U.S. Crude Oil Stockpiles Fall More Than Expected

Commercial crude oil stocks decreased by 3.1 million barrels last week. Analysts had expected crude stocks to be down by 300,000 barrels.

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Soaring Energy Prices Spur U.K. to Approve Controversial Gas Field

The decision brings an end to an approvals process that had stalled on climate concerns, and primes operations to kick off within weeks.

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The Real Energy Bottleneck Isn't Crude-It's Fuel, Says Kuwait CEO

The biggest bottleneck to the global trade of energy is no longer crude oil, according to the head of Kuwait's state oil company.

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Energy & Utilities Roundup: Market Talk

Find insight on crude oil futures, the Jackdaw gas field, Beach Energy and more in the latest Market Talks covering Energy and Utilities.

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More Oil Is Now Coming Out of the Persian Gulf Than Before the Iran War

Experience and big paydays have created a more resilient tanker fleet. Oil traders worry it isn't sustainable.

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Halliburton Logs Sharply Higher Profit as Revenue Climbs

The Houston oil-services company posted a third-quarter profit of $417 million, or 50 cents a share, compared with $18 million, or 2 cents a share, a year ago.

 

(END) Dow Jones Newswires

October 22, 2026 07:15 ET (11:15 GMT)

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

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