Dow Jones Top Energy Headlines at 4 AM ET: Oil Prices Fall More Than 3% as Iran Peace Talks Ease Supply Fears | U.S. ...

Oil Prices Fall More Than 3% as Iran Peace Talks Ease Supply Fears

Iranian Foreign Minister said that discussions with Qatari mediators over a proposal to reopen the Strait of Hormuz were continuing but hadn't produced an agreement, according to news agency ICANA.

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U.S. Pushes to Restore Russian Gas Sales to Europe Via Ukraine

The idea is intended to unlock an energy ceasefire between Moscow and Kyiv but it faces resistance in European capitals.

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OPEC, Allies Keep Output Steady While Gulf Shipping Remains Under Threat

The group's crude production levels are still below prewar levels, with key shipping routes disrupted.

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American Oil Giants See Profits Soar as Wars Crimp Energy Supplies

ExxonMobil and Chevron posted blockbuster earnings for the third quarter as the world turned to U.S. refineries for fuel.

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BP Slashes Net Debt as Earnings Soar

BP's profit almost quadrupled and cash flow jumped in the third quarter, enabling the British energy major to cut net debt faster than expected.

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Energy & Utilities Roundup: Market Talk

Find insight on ExxonMobil, Shell, Repsol and more in the latest Market Talks covering energy and utilities.

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Exxon Raises Its Dividend Yet Again as Oil-Price Rally Boosts Earnings

ExxonMobil has profited from high prices for crude oil and fuels, despite some production being knocked offline by the Iran war.

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Gulf Oil Giants Work to Expand Overseas Storage As War Exposes Supply Risks

With the Iran war threatening key energy infrastructure and shipping lanes, producers are increasingly looking beyond their borders to keep crude flowing.

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Chevron Is Back to Searching for Oil and Gas in Far-Flung Places

The company is riding financial and political tailwinds to further oil exploration and investment, while global conflicts crimp energy supplies.

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Shell Maximizes Diesel Production During Supply Crunch

The British energy major ran its refineries hard in the third quarter to maximize diesel production during an unprecedented supply squeeze.

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Forget EVs. Battery Makers Are Busy Bolstering the U.S. Power Grid.

President Trump's order to bar Chinese batteries for energy storage has opened the door to South Korean and Japanese companies.

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Oil Is Gushing Out of the Gulf. Why Are Prices Still Above $100 a Barrel?

Stubbornly high prices at the pump offered little hope for drivers looking for some relief.


(END) Dow Jones Newswires

November 02, 2026 04:15 ET (09:15 GMT)

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

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