Dow Jones Top Energy Headlines at 7 AM ET: Oil Prices Fall as Traders Weigh U.S.-Iran Diplomacy | Oil ...

Oil Prices Fall as Traders Weigh U.S.-Iran Diplomacy

U.S. Vice President JD Vance sent a letter to the secretary of Iran's Supreme National Security Council, in an effort to revive peace negotiations, The Wall Street Journal reported.

----

Oil Is Gushing Out of the Gulf. Why Are Prices Still Above $100 a Barrel?

Stubbornly high prices at the pump offered little hope for drivers looking for some relief.

----

Shell to Launch $5 Billion Share Buyback After Earnings Soar

The British energy major saw third-quarter earnings double and cash flow increase, driven by elevated oil and gas prices caused by the Middle East conflict.

----

TotalEnergies Profit Surges on High Energy Prices

The French energy major said it benefited from a high-price environment characterized by historically high refining-margin levels and a favorable natural-gas market.

----

U.S. Crude Oil Stockpiles Fall for Fourth Straight Week

Commercial crude oil stocks fell by 1.9 million barrels last week, while gasoline stocks rose and distillate stocks fell, the EIA said.

----

GE Vernova to Buy Grid-Equipment Manufacturer for $9 Billion as Energy Demand Grows

The energy company, formed from the breakup of General Electric, said the acquisition will create scale across its electrification portfolio.

----

Equinor Earnings Double as Upended Energy Markets Offer Windfall

Equinor raised its full-year 2026 oil and gas production target to around 4% growth compared with 2025, up from its previous 3% target.

----

Trump Moves to Weaken Methane Emissions Rules for Oil and Gas

Small fossil-fuel producers have opposed regulations to curb releases of the potent greenhouse gas.

----

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.

----

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.

----

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.

----

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.

----

The Energy Stocks With the Most at Stake in the Midterms

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

(END) Dow Jones Newswires

October 29, 2026 07:00 ET (11:00 GMT)