Closed
The Marked Chart Wire · Energy
Iran
Crude prices declined Friday amid uncertainty over potential Iran war escalation following the midterm elections and hopes for a diplomatic breakthrough.
Part of a series: Iran conflict shifts from military threats to diplomatic talks
New to this? Read: Reading a stock chart
Iran
Bob McNally forecasts that global and US oil benchmarks will rise past $100 per barrel as American moves against Iran intensify.
Iran
Brent crude dropped 9.3 percent to $93.95 and WTI fell 8.9 percent to $87.70 after Democratic midterm wins pressured Trump to end the Iran conflict. Bond yields in the UK and France also declined as inflation fears eased.
HotNuclear
Oklo agreed to reserve manufacturing slots at U.S. Forged Rings for Aurora reactor components. Finished items are expected to arrive in 2030, with capacity locked in until 2035.
Oil Prices
The state oil company set the official selling price for December Arab Light to a $7 per barrel discount for Asian customers.
Data Centers
The utility has secured 7.8 GW of power contracts for data centers, with total capacity projected to double by early 2027. Over 10 GW of new gas plants are currently under construction to meet this rising need.
LNG
QatarEnergy is reportedly in discussions to secure additional long-term contracts for US liquefied natural gas. The company plans to purchase between 3 million and 6 million tons annually.
Fast headlines, summarized. Not verified and not advice. Check the full story before you act.