Dow Jones Top Energy Headlines at 7 AM ET: Oil Prices Fall as Investors Weigh U.S. Midterm Results, Iran Risks | European ...

Oil Prices Fall as Investors Weigh U.S. Midterm Results, Iran Risks

Oil prices fell Wednesday as investors weighed the Democrats' sweep of Congress and the implications for Trump's approach to Iran.

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European Gas Market Braces for Trump's Next Move on Iran After Midterms

European natural-gas prices rose following the U.S. midterms, as traders waited to see whether Trump will pursue diplomacy with Iran or launch renewed strikes.

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Iran Turns to Guerrilla Tactics in Bid to Reassert Grip on Strait of Hormuz

Tehran is deploying everything from rocket-propelled grenades to limpet mines as it attempts to disrupt the restored flow of oil out of the Persian Gulf.

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Saudi Aramco Profit Surges, Offering Some Relief to Kingdom's Finances

The state-owned energy giant attributed the boost to higher crude volumes sold from maintaining consistent production, as well as higher prices of refined and chemical products.

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Williams Cos. Shrugs Off AI Data Center Jitters With Power Generation Ambitions

The company credited its 400 megawatt power deal with Meta for its optimistic guidance.

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Carl Icahn's CVR Energy Strikes $4 Billion Deal for Two Marathon Refineries

The deal comes as global conflicts have boosted U.S. refiners' sales.

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Oil has had a massive run, but a prominent bull saw a turning point on eve of midterms

Closely followed oil strategist Jeff Currie says it's time to cash in on gains that crude has seen this year, but that the structural supercycle is still intact.

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Iran War Threatens Record Annual Drop in Global LNG Supply, IEA Says

Liquefied-natural-gas output was set for its steepest annual decline on record as the Iran war chokes off supplies and intensifies competition among importers.

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Energy & Utilities Roundup: Market Talk

Find insight on crude futures, Saudi Aramco, TotalEnergies and more in the latest Market Talks covering energy and utilities.

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U.S. Strikes Iran's Qeshm Island as Trump Talks Down War Risks

The assault follows comments by President Trump playing down the possibility of a return to war with Iran after Tuesday's midterm elections.

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Diamondback Energy Lifts Production Targets Again as Revenue Grows

The oil and natural gas company reported a third-quarter profit of $1.6 billion, up from $1.02 billion a year earlier.

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Blackstone Leads $3.1 Billion Investment in Mitsubishi's Stake in LNG Canada

A Blackstone-led group has agreed to invest $3.1 billion in Mitsubishi Corp.'s interest in a natural-gas liquefaction project in Canada.


(END) Dow Jones Newswires

November 04, 2026 07:15 ET (12:15 GMT)

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