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Dow Jones Top Energy Headlines at 12 AM ET: Oil Futures Fall as Market Holds Out Hope for Middle East Diplomacy | Baker ...

Dow Jones Top Energy Headlines at 12 AM ET: Oil Futures Fall as Market Holds Out Hope for Middle East Diplomacy | Baker ...

Dow JonesDow Jones2026/10/28 04:00

Oil Futures Fall as Market Holds Out Hope for Middle East Diplomacy

Oil prices fell, with U.S. benchmark crude slipping back under $100 a barrel as traders held out hopes for regional diplomatic efforts to ease Middle East tensions.

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Baker Hughes Revenue Lifted by Growing Demand From Energy, Industrial Markets

The energy company, however, reported a lower third-quarter profit of $411 million, or 41 cents a share, compared with a profit of $609 million, or 61 cents a share, a year earlier.

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Enphase Energy Extends Weakness on Slumping Residential Demand

The company's core U.S. residential business continues to face headwinds from higher interest rates and the expiration of federal tax credits.

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Eni Expects More Gas Drilling Offshore Europe as Supply Concerns Mount

The Cronos project off Cyprus in the eastern Mediterranean lays the foundation for future drilling in the region, according to chief operating officer, Guido Brusco.

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Natural Gas Is Feeding AI Data Centers. A $50 Billion Deal Proves It.

Natural gas producer EQT will acquire Range Resources in a deal valuing the combined company at over $50 billion.

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The Energy Stocks With the Most at Stake in the Midterms

NextEra, AEP and others could be impacted by next week's vote.

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EQT to Buy Range Resources in $13 Billion Stock Swap

EQT Corp. has struck a deal to buy Range Resources in a stock swap worth nearly $13 billion that would create a U.S. natural-gas giant.

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This German Energy Giant Is an Overlooked AI Bargain

Siemens Energy is outselling GE Vernova on gas turbines.

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Galp Shares Fall After Moeve Merger-Talks Collapse

The stock fell more than 8% after talks with Moeve on a potential downstream combination broke down, overshadowing earnings growth and a full-year guidance hike.

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U.S. Energy Execs Say They Quit Startup Over Undisclosed Russian Funding

High-ranking officials at the company, Polar LNG, shared their concerns with the Trump administration.

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Oil Majors' Quarterly Earnings in Spotlight With Refineries Set to Gain

Tightness in global fuel markets is driving refining margins to all-time highs, making refineries a key earnings driver for oil majors.

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Eni to Sign up to $1.8 Billion of Infrastructure Contracts for Cyprus Gas Project in Coming Days, Sources Say

The contracts involve building subsea infrastructure that will help extract, treat and send gas to Egypt via underwater pipelines, according to people familiar with the matter.

(END) Dow Jones Newswires

October 28, 2026 00:00 ET (04:00 GMT)

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