Dow Jones Top Energy Headlines at 4 PM ET: Oil Prices Sink as U.S. Midterms Raise Market Hopes for Middle East Solution | U.S. ...

Oil Prices Sink as U.S. Midterms Raise Market Hopes for Middle East Solution

Oil futures sank to two-month lows after the Democratic sweep of Congress in the U.S. midterm elections raised market expectations for a quick resolution to the conflict in the Middle East, and eased concerns of a possible U.S. military escalation.

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U.S. Crude Oil Stockpiles Post Fifth Straight Weekly Drop

Commercial crude oil stocks fell by 865,000 barrels, while distillate stocks fell to their lowest level in more than two decades, the EIA said.

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The AI Data-Center Backlash Is Real. Why Bloom Energy Stock Can Be a Winner.

The AI power supplier offers clean solutions to the data center energy problem and bypasses the grid.

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European Gas Market Braces for Trump's Next Move on Iran After Midterms

European natural-gas prices fell, reversing earlier gains, as traders waited to see whether Trump will pursue diplomacy with Iran or launch renewed strikes.

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Energy & Utilities Roundup: Market Talk

Find insight on AI infrastructure, crude futures, natural gas and more in the latest Market Talks covering Energy and Utilities.

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Iran Turns to Guerrilla Tactics in Bid to Reassert Grip on Strait of Hormuz

Tehran is deploying everything from rocket-propelled grenades to limpet mines as it attempts to disrupt the restored flow of oil out of the Persian Gulf.

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Saudi Aramco Profit Surges, Offering Some Relief to Kingdom's Finances

The state-owned energy giant attributed the boost to higher crude volumes sold from maintaining consistent production, as well as higher prices of refined and chemical products.

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Williams Cos. Shrugs Off AI Data Center Jitters With Power Generation Ambitions

The company credited its 400 megawatt power deal with Meta for its optimistic guidance.

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Carl Icahn's CVR Energy Strikes $4 Billion Deal for Two Marathon Refineries

The deal comes as global conflicts have boosted U.S. refiners' sales.

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Oil has had a massive run, but a prominent bull saw a turning point on eve of midterms

Closely followed oil strategist Jeff Currie says it's time to cash in on gains that crude has seen this year, but that the structural supercycle is still intact.

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Iran War Threatens Record Annual Drop in Global LNG Supply, IEA Says

Liquefied-natural-gas output was set for its steepest annual decline on record as the Iran war chokes off supplies and intensifies competition among importers.

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U.S. Strikes Iran's Qeshm Island as Trump Talks Down War Risks

The assault follows comments by President Trump playing down the possibility of a return to war with Iran after Tuesday's midterm elections.

(END) Dow Jones Newswires

November 04, 2026 16:00 ET (21:00 GMT)