Oil falls 0.7% as G7 boosts supply
Brent crude fell 0.7% to $101.59 a barrel on Monday while West Texas Intermediate dropped 1.2% to $90.05 as rising Middle East exports and emergency reserve releases increased available supply.
Brent crude fell 0.7% to $101.59 a barrel on Monday while West Texas Intermediate dropped 1.2% to $90.05 as rising Middle East exports and emergency reserve releases increased available supply.
Flowco Holdings (NYSE:FLOC) completed its acquisition of Lifting Solutions Energy Services for approximately US$113 million in cash, expanding its artificial lift portfolio and geographic reach.
Brent crude fell 0.7% to $101.61 a barrel on Friday while West Texas Intermediate dropped 0.9% to $92.02 as traders weighed improving Middle Eastern supply against geopolitical risks.
Costamare (NYSE:CMRE) declared a quarterly common-stock dividend of $0.125 per share for the quarter ended September 30, 2026.
National Fuel Gas Company (NYSE:NFG) completed its acquisition of CenterPoint Energy’s Ohio natural gas utility business, Vectren Energy Delivery of Ohio, expanding its regulated utility operations.
Magnolia Oil & Gas (NYSE:MGY) provided an interim financial and operational update following the completion of its acquisition of WildFire Energy, highlighting integration progress, debt reduction and production plans.
Enerflex (NYSE:EFXT) won a contract to supply approximately 450 megawatts of natural gas-fired power generation systems for a North American data center developer, with deliveries planned between 2027 and 2028.
Oil prices rose around 2% on Thursday after China suspended oil product exports to regions outside Hong Kong and Macau, adding pressure to global fuel markets affected by supply disruptions.
Oil prices were largely steady on Wednesday after a sharp decline in the previous session, as recovering Middle East exports reduced some supply concerns linked to disruptions through the Strait of Hormuz.
OMS Energy Technologies (NASDAQ:OMSE) secured US$9.4 million in new orders from Saudi Aramco and Pertamina Hulu Rokan for oilfield equipment and components.
Brent crude oil prices rose 2.49% on Monday after U.S. President Donald Trump rejected a peace proposal from Iran aimed at resolving their conflict and reopening the Strait of Hormuz.
XCF Global (NASDAQ:SAFX) reported more than $10 million in August revenue from renewable diesel shipped from its Reno facility after the site restarted operations in July 2026.
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