United States Oil And Gas

Oil prices moved higher after vessels were struck in the Strait of Hormuz and Iranian officials said new tactics were being used to target ships in the region.

EON Resources (NASDAQ:EONR) reported first-quarter 2026 revenue excluding derivatives of $4.2 million, compared with $3.5 million in the fourth quarter of 2025 and $4.5 million in the prior-year period.

Crude oil prices moved lower after recent gains as traders assessed the impact of Houthi attacks on Saudi Arabia and possible risks to global energy supplies.

BP (NYSE:BP) said it expects to record third-quarter 2026 post-tax impairment charges of between $3 billion and $4.5 billion, with most charges related to energy transition businesses.

Equinor (NYSE:EQNR) announced a five-year natural gas supply agreement with Dutch energy company Eneco, covering deliveries from the Norwegian continental shelf to the Netherlands.

TORM (NASDAQ:TRMD) raised its full-year 2026 guidance for TCE earnings and EBITDA, citing current freight coverage and expectations for continued favorable product tanker market conditions.

DHT Holdings (NYSE:DHT) estimated third-quarter 2026 fleet time charter equivalent earnings at $141,300 per day, based on 2,055 revenue days including 1,054 spot market days.

Oil prices moved higher on Monday as traders weighed potential additional supplies against renewed geopolitical risks affecting Middle East energy infrastructure.

Toro (NASDAQ:TORO) reported second-quarter net income of $0.6 million, down 60.9% from the same period in 2025.

Brent crude fell 0.9%, or $0.92, to $103.36 per barrel on Friday as expectations of reduced U.S.-Iran tensions eased immediate concerns over Middle East oil supplies.

Brent crude (ICE:BZ) rose just under 4% to $104.18 per barrel on Thursday as renewed tensions involving the United States and Iran increased concerns about global oil supplies.

Valaris (NYSE:VAL) secured new contracts and extensions that added approximately $220 million to its associated contract backlog.