Brent crude prices climb as storm threatens
Brent Crude futures rose to $101.39 a barrel as the market weighed US Gulf storm threats.
Brent Crude futures rose to $101.39 a barrel as the market weighed US Gulf storm threats.
KBR (NYSE:KBR) was awarded a facility upgrade contract by Saudi Aramco for the offshore Marjan field.
Brent crude futures fell 83 cents to $99.49 a barrel as emergency stockpile releases eased immediate supply fears.
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.
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