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Monday, October 5, 2026· Live edition ·Updated 11:56 PM ET
Oil, natural gas, power and the grid. 6 stories in the last three days.
Nuclear Power
BWX Technologies' BANR microreactor was picked for a transportable nuclear facility in New Brunswick, aiming for early 2030s operations. Prodigy Clean Energy and two First Nations are developing the project, while the province agreed to purchase the electricity.
Gasoline Prices
President Trump stated that gasoline prices are now being driven by refinery disruptions rather than the Strait of Hormuz.
Nuclear Power
The Department of Energy announced a $4.2 billion investment to expand nuclear power in Pennsylvania and Ohio, aiming to lower energy costs in the region.
Oil Prices
The ConocoPhillips chairman stated that crude oil values will likely stay above $70 per barrel, marking a shift from earlier forecasts made before the Iran conflict.
Strait of Hormuz
Middle East crude shipments topped 19.5 million to 22.5 million barrels daily on four late-September days, surpassing the 18 million pre-conflict average. LNG volumes through the strait peaked at a monthly high not seen since February.
OPEC
OPEC+ left November production ceilings unchanged as actual output remains about 5 million barrels a day below February levels. UBS analyst Giovanni Staunovo noted the market stays tight with Brent crude above $100.
Fast headlines, summarized. Not verified and not advice. Check the full story before you act.