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The US is supporting efforts to revive the Iraq-Syria crude oil pipeline, a move that is expected to ease risk and boost energy security. This development is likely to have a significant impact on the energy sector, particularly on companies involved in crude oil …
Hydrogen-related equities gained momentum following Nel ASA’s update on cost reduction efforts, reinforcing confidence in the clean energy space. Shares of companies involved in green hydrogen and electrolyzer manufacturing climbed as leadership indicated operational improvements might bolster profitability without depending on rising commodity prices. …
Imperial Oil (TSX: IMO) released its first‑quarter financial results, revealing earnings that fell short of the consensus view held by analysts. The shortfall comes after a period of strong investor enthusiasm, during which the stock has outperformed many peers in the energy sector. While …
Iran’s foreign ministry summoned the United Kingdom’s ambassador in Tehran to convey strong opposition to the recent terrorist designation of its security militia. The action follows a series of Western measures targeting the group, which Tehran views as an infringement on its sovereign security …
Sable Offshore Corp (NYSE: SOC) saw Jefferies analyst Lloyd Byrne lower its price target from $24 to $11 on July 6, a 54% reduction. The new $11 target still suggests upside of over 180% versus the current trading price, and Jefferies retained a Buy …
US gasoline prices are on track to return to $4 per gallon, a shift that threatens to reignite inflation pressures and reshape sector performance across the economy. After months of relative stability, rising crude oil costs and seasonal demand are converging to push pump …
Fermi Inc. has secured a sizeable new capital infusion through a convertible debt offering, reinforcing its balance sheet as it advances its AI‑focused power infrastructure. The securities, which bear a cash interest rate of 5.00% and mature in 2031, incorporate a capped‑call feature designed …
Granite Ridge Resources (NYSE: GRNT) received an Outperform rating from Northland Capital Markets, pushing its shares up 1.5% in pre-market trading to $4.64. Analyst Jeff Grampp set a $9 price target for the energy producer, emphasizing the company’s recent production growth. Despite this operational …
The catalyst for the day's volatility was another round of US strikes against Iran, paired with the reinstatement of a naval blockade targeting Iranian ports near the Strait of Hormuz. US forces struck dozens of military assets along Iran's coastline and near the strategic …
The latest leg higher came as US forces carried out strikes on Iran for a fourth consecutive day and resumed a blockade of Iranian ports, an escalating military campaign that shows no immediate signs of resolution. For European gas markets, which have become increasingly …
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