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Can Patterson-UTI Energy (NASDAQ:PTEN) Extend a 3.62% Pre-Market Gain as Oil Tops USD 100 and Rig Counts Rise?

No company release dated October 13 was found in company filings and wire releases reviewed, so the most relevant recent updates are summarized here. Patterson-UTI reported second-quarter 2026 revenue of USD 1.228 billion, a 10% sequential increase, with Completion Services revenue of USD 754 …

Vinay Lochav | 13 October 2026

WTI Crude Oil Futures Hold Above US$90 as Cushing Stocks and Refinery Demand Stay Tight

Trading in West Texas Intermediate crude oil futures on the New York Mercantile Exchange concluded on October 12, 2026 with the prompt November contract settling firmly between US$92.70 and US$93.62 per barrel. Trading volume on CME Globex remained exceptionally active, exceeding 129,000 contracts, as …

Nitish Kishor | 13 October 2026

What Is Driving CME NYMEX Henry Hub Natural Gas Futures Ahead of Winter in the United States?

Trading activity in United States natural gas futures has gathered substantial momentum on the New York Mercantile Exchange, with market participants actively pricing in early winter heating risks. During the trading session concluding on October 12, 2026, the front-month November 2026 Henry Hub futures …

Nitish Kishor | 13 October 2026

RBOB Gasoline Futures Hold Above US$3.25 as Winter-Grade Blending Meets Elevated Crude Costs

Trading in Reformulated Blendstock for Oxygenate Blending gasoline futures on the New York Mercantile Exchange concluded on October 12, 2026 with the prompt November contract settling firmly between US$3.27 and US$3.29 per gallon. Trading volume on CME Globex remained exceptionally active, exceeding 45,000 contracts, …

Nitish Kishor | 13 October 2026

NY Harbor Heating Oil Futures Hold Near US$4.65 as Winter Inventories Run Tight

Trading in New York Harbor Ultra-Low Sulfur Diesel futures, contractually listed as "Heating Oil" on the New York Mercantile Exchange, concluded on October 12, 2026 with the prompt November contract settling firmly between US$4.62 and US$4.68 per gallon. Trading volume on CME Globex remained …

Nitish Kishor | 13 October 2026

Henry Hub Natural Gas Holds Near US$3.20 While Shoulder-Season Storage Injections Build

Wholesale natural gas futures in the United States have settled into a measured trading pattern as autumn weather limits both space-cooling and space-heating demand across major consumption centers. On the New York Mercantile Exchange, operated by CME Group, the benchmark front-month November 2026 Henry …

Nitish Kishor | 13 October 2026

LandBridge (NYSE:LB) Draws Focus After a Notes Add-On and a Possible Move to Corporate Status

LandBridge Company LLC (NYSE:LB), a land owner in the Permian Basin region, has a market capitalisation of about $6.65 billion. Two recent developments, an upsized notes offering and a special committee reviewing conversion to a corporation, may be shaping how investors view the capital …

Nitish Kishor | 13 October 2026

Why Is the ICE Brent to WTI Crude Oil Spread Influencing Energy Exports in the United States?

Trading in ICE Brent crude oil futures concluded at US$107.07 per barrel on October 12, 2026 on Intercontinental Exchange Futures Europe, maintaining an exceptional premium over domestic West Texas Intermediate futures trading on the New York Mercantile Exchange. The pricing differential between Brent and …

Nitish Kishor | 13 October 2026

Fuel Ethanol Futures Hold Near US$1.68 as EIA Inventories and Corn Harvest Guide the Market

Trading activity in United States fuel ethanol futures remains actively concentrated on the Chicago Board of Trade, where commercial participants utilize exchange contracts to manage price risk across the world's largest biofuel market. During the trading sessions concluding on October 12, 2026, front-month CME …

Nitish Kishor | 13 October 2026

Why Did Oil Slip 1.9% for United States Oil Fund (NYSEARCA:USO)?

Oil rose on October 12, 2026 after strikes on Riyadh's airport raised concern about Gulf supply and flights. WTI settled at about USD 91.9 to 93.7, and published snapshots show USD 91.85, USD 92.89, USD 93.22 and USD 93.74 depending on timing, while Brent …

Vinay Lochav | 13 October 2026
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