Fuel & oil news
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Wolfe Research bullish on equities, sees AI and semiconductors driving H2 gains
Wolfe Research remains bullish on US equities for H2 2026, citing easing oil prices, resilient earnings, and AI investment as key drivers despite geopolitical risks.
Texas' Buda Limestone Oil Play Nears Depletion After Century of Output
The Buda Limestone formation beneath the Eagle Ford shale in Texas is nearly depleted, with only 12 million barrels of oil and 184 billion cubic feet of gas remaining after nearly a century of production.
Enbridge Stock: 5% Yield and 10-Year Outlook
Enbridge offers a 5% dividend yield and strong positioning in energy infrastructure, making it a candidate for long-term growth over the next decade.
China Quietly Dominates Clean Energy Trade War
China's near-total control of clean energy supply chains, especially solar panels and lithium-ion batteries, is driving a surge in exports as global demand rises amid the AI boom.
Energy Transfer Expands Nederland NGL Export Terminal, Boosts Ethane Capacity
Energy Transfer LP announced an expansion of its Nederland NGL export terminal, adding 240,000 bpd of ethane capacity and 55,000 bpd of LPG capacity, fully committed under long-term agreements.
ECB's Schnabel warns inflation risks remain despite easing energy prices
ECB board member Isabel Schnabel said inflation risks remain tilted to the upside despite easing energy prices after the US-Iran ceasefire, signaling further rate hikes may be needed.
NASA Plans Moon Base with Solar and Nuclear Power
NASA announced plans to develop a lunar base powered by solar panels and nuclear reactors, partnering with Intuitive Machines, Astrobotic, Blue Origin, and SpaceX.
Eos Energy Converts Storage Reservation Into Grid Battery Order for Texas
Eos Energy Enterprises received its first purchase order under a 2 GWh capacity reservation with Frontier Power USA, supporting a 400 MWh battery storage project in Texas.
Daqo New Energy to Build AI Data Center Energy Base in Kunshan
Daqo New Energy plans a RMB 6 billion manufacturing base in Kunshan for AI data center energy solutions, diversifying from polysilicon into energy storage and solid-state transformers.
Tigo Energy Launches Modular GO Storage System for European Homes
Tigo Energy has begun shipping its modular GO Optimized Energy Storage System to the European residential market, offering flexible capacity from 7.3kWh to 47.9kWh.
2 Oil Stocks Worth Buying as Crude Holds Near $70 a Barrel
Crude oil hovers near $70 a barrel, down sharply from April highs, as the Strait of Hormuz reopening pressures oil stocks, but long-term reserve building may support demand.
AI Power Crisis Drives Tenfold Surge in Fuel Cell Market to $30B by 2030
Rystad Energy forecasts a tenfold increase in fuel cell market revenues to $30 billion by 2030, driven by AI data center demand for on-site power generation.
Turkey Urges Global Electrification to Cover 35% of Energy by 2035
Turkey, host of COP31, urges nations to electrify at least 35% of energy use by 2035 to cut emissions and fossil fuel dependence, signaling a major shift for global energy markets.
Senator Armstrong: Permitting Reform Key to Lower Energy Costs
Senator Alan Armstrong argues that permitting reform, not federal spending, is the most effective way to lower housing and energy costs by addressing regulatory delays that create infrastructure bottlenecks.
Goldman Sachs Sees US Inflation Easing by 2027 as AI, Energy Effects Fade
Goldman Sachs forecasts core PCE inflation to reach 3.2% by end-2026 before easing to 2.2% in 2027 as AI pricing distortions and energy pressures subside.
Strait of Hormuz Traffic Plunges as Safety Fears Persist After Ship Strikes
Daily ship movements through the Strait of Hormuz have fallen from over 140 in February to around 30-40 after recent attacks, raising supply risks for global oil markets.
APA Corporation Upgraded to Buy at Roth Capital on Crude Outlook
Roth Capital upgraded APA Corporation to Buy, raising its price target to $38, citing a near-term bottom in global crude prices that could boost the independent energy producer's outlook.
Xcel Energy Price Target Raised to $89 by Morgan Stanley on Utility Outlook
Morgan Stanley raised its price target on Xcel Energy to $89 from $87, reaffirming an Equal Weight rating, signaling a nearly 9% upside from current levels.
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NowPrice news curates headlines from established financial sources (CoinDesk, Decrypt, Investing.com, MarketWatch, OilPrice, Bloomberg and others). Our editorial team writes concise summaries in 5 languages. We don't republish articles — every story links back to the source.