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Dow Jones Top Energy Headlines at 11 AM ET: Oil Prices Surge on Renewed Iran Tensions, Rekindling Inflation Fears | U.S. ...

Dow Jones Top Energy Headlines at 11 AM ET: Oil Prices Surge on Renewed Iran Tensions, Rekindling Inflation Fears | U.S. ...

Dow JonesDow Jones2026/10/22 15:00

Oil Prices Surge on Renewed Iran Tensions, Rekindling Inflation Fears

Global crude prices are nearing their highest levels in five months.

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U.S. Natural Gas Futures Steady Ahead of Inventory Data

U.S. natural gas futures traded little changed as the market awaited weekly inventory data from the EIA.

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PG&E Profit Falls as Revenue Dips But Backs Full-Year Guidance

The Oakland, Calif., utility posted third-quarter earnings of $776 million, or 34 cents a share, compared with $850 million, or 37 cents a share, a year earlier.

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Carrier Plans $600 Million Texas Plant to Make Cooling Gear for AI Data Centers

The facility, Carrier's biggest-ever investment, comes amid a surge in sales to data-center customers.

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Energy Security Concerns Spur U.K. to Preserve Gas Pipelines to Europe

The pipelines are only used occasionally but give the U.K. greater flexibility to tap gas from other sources in times of high demand, such as severe winters.

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One of Your Fuel Bills Is Poised to Be Lower This Year

Record domestic production and expectations for mild weather are keeping natural-gas prices low.

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Trump Says Data Centers Must Provide Their Own Electricity

The move is the president's latest attempt to address widespread opposition to the AI boom ahead of the midterm elections.

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U.S. Crude Oil Stockpiles Fall More Than Expected

Commercial crude oil stocks decreased by 3.1 million barrels last week. Analysts had expected crude stocks to be down by 300,000 barrels.

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Soaring Energy Prices Spur U.K. to Approve Controversial Gas Field

The decision brings an end to an approvals process that had stalled on climate concerns, and primes operations to kick off within weeks.

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The Real Energy Bottleneck Isn't Crude-It's Fuel, Says Kuwait CEO

The biggest bottleneck to the global trade of energy is no longer crude oil, according to the head of Kuwait's state oil company.

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More Oil Is Now Coming Out of the Persian Gulf Than Before the Iran War

Experience and big paydays have created a more resilient tanker fleet. Oil traders worry it isn't sustainable.

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Halliburton Logs Sharply Higher Profit as Revenue Climbs

The Houston oil-services company posted a third-quarter profit of $417 million, or 50 cents a share, compared with $18 million, or 2 cents a share, a year ago.

(END) Dow Jones Newswires

October 22, 2026 11:00 ET (15:00 GMT)

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