Energy

Brent crude, the global benchmark, has traded near $90 a barrel, below its intraday peak of $102 reached on July 23rd, as a ceasefire between the United States and Iran has repeatedly broken down. A loosely worded truce signed in June recognized Iran's role …

• FRVO shares rose approximately 12.39 percent to $25.85, a gain of $2.85 from a prior close of $23.00.

• EE shares fell approximately 7.90 percent to $34.87, a decline of $2.99 from a prior close of $37.86.

• CLNE shares fell approximately 15.32 percent to $1.58, a decline of $0.29 from a prior close of $1.86.

This development allows ONGC Videsh to enhance its presence in a region rich in oil reserves, potentially impacting global energy supply chains and positioning it favorably against competitors in the sector.

Second-quarter deal-making in the US upstream oil and gas sector has significantly decreased, primarily driven by heightened market volatility. Investors are now grappling with uncertainty as economic fluctuations and geopolitical tensions reshape the energy environment. This decline reflects broader concerns among stakeholders, with many …

Ormat is adjusting its guidance for Q2 2026 based on an impressive surge in energy storage demand. The company noted this growth as important for enhancing its overall performance within the energy sector. Tapping into the growing need for reliable and efficient energy solutions …