Oil Futures Resume Decline on Trade Tensions, Oversupply Fears
Oil futures were back in the red as the U.S. and China impose port fees on each other’s ships, keeping trade tensions alive as the market also frets about oversupply.
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IEA Forecasts Bigger Oil Surplus, With Global Inventories Soon Set to Rise
The oil market faces an even larger surplus than previously anticipated as oil supply growth forecasts for this year and next outpace global demand.
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BP Expects Upstream Production Boost But Warns of Weak Oil Trading Result
The company is in the midst of a strategic reset as it seeks to shore up its balance sheet amid declining profitability and pressure from an activist investor.
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Spain’s Grid Operator Denies Risk of Imminent Power Blackout
Red Electrica said sharp voltage swings detected in recent weeks were not a risk to the supply of electricity because they didn’t surpass acceptable limits.
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Alterra’s Plan to Unlock Climate Investments Targets Developing World
The U.A.E.-financed firm expects to drive $250 billion in renewable energy and transition commitments by 2030.
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Trump Wants More Natural Gas Exports and Lower Energy Prices. It’s Going to Be Tricky.
Major gas basins are growing old, and the U.S. lacks the proper infrastructure to ferry molecules where they are needed.
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OPEC Sticks to Oil Demand Forecast But Flags Fiscal Concerns, Lingering Trade Uncertainty
The Organization of the Petroleum Exporting Countries pointed to high debt levels in key economies and tariff uncertainty as areas of concern.
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Strathcona Resources Terminates Takeover Bid for MEG Energy
Strathcona Resources terminated its takeover bid for MEG Energy, days after rival Cenovus Energy upped its offer to buy out the Canadian oil-sands producer and changed the terms of their standstill agreement.
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Gas Turbine Makers Are Riding the AI Power Boom
Orders and prices are soaring for the monster machines made by GE Vernova, Siemens Energy and Mitsubishi Heavy Industries.
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Canada, U.S. Have Discussed Reviving Keystone XL, Carney Says
Canadian Prime Minister Mark Carney said he and President Trump have discussed the development of energy projects that would help both countries, including the twice-rejected Keystone XL expansion project.
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After Years of Protests, Environmentalists Are Fighting to Save Nuclear Plants
Where governments and the public once saw safety risks, some now see a source of low-carbon electricity.
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Orsted to Slash 2,000 Jobs in Coming Years
A quarter of the workforce will be cut by 2027 as it scales back its global footprint to focus more on offshore wind markets in Europe and select regions in Asia Pacific.
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U.S. Crude Oil Inventories Post Bigger-Than-Expected Build
Commercial crude oil stocks rose by 3.7 million barrels to 420.3 million barrels in the week ended Oct. 3, greater than the increase of 700,000 barrels expected by analysts.
(END) Dow Jones Newswires
October 14, 2025 11:15 ET (15:15 GMT)
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