Dow Jones Top Energy Headlines at 7 AM ET: Oil Steady as Supply Glut Offsets Gulf Tensions | Orsted's ...

Dow Jones
Jan 02

Oil Steady as Supply Glut Offsets Gulf Tensions

Oil prices held around three-month averages, though Brent and WTI were down slightly, amid tensions between Saudi Arabia and the United Arab Emirates.

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Orsted's Revolution Wind to File Injunction Against U.S. Construction Halt

Orsted said its U.S. joint venture would seek an injunction against a Trump administration order which halted the construction of all U.S. offshore wind projects.

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U.S. Crude Oil Inventories Decline Amid Lower Imports

U.S. crude oil inventories fell last week as imports dropped and refineries ran at a slightly faster pace.

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Oil Tanker Pursued by U.S. Seems to Claim Russian Protection

The Bella 1 has evaded seizure by the Coast Guard for almost two weeks.

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Energy & Utilities Roundup: Market Talk

Find insight on Origin Energy and oil futures in the latest Market Talks covering Energy and Utilities.

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Octopus Energy to Spin Off AI Arm Kraken at $8.65 Billion Valuation

The British renewable-energy startup raised $1 billion in its first stand-alone funding round for the artificial-intelligence platform.

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Venture Capitalists Likely to Continue Pivoting Away From Climate in 2026

It has been a tough year for investors in green startups. They say things can improve if the sector adapts.

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U.S. Crude Oil Stockpiles Rose in Week Ended Dec. 19

U.S. crude oil inventories rose by 400,000 in the week ended Dec. 19. Analysts had predicted stockpiles would fall by 2.6 million barrels.

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Trump Says the U.S. Attacked Venezuelan Docks Where Drugs Are Loaded Onto Boats

It is the second time Trump has referred to the strike, after last week telling a radio host that the U.S. had attacked a 'big facility.'

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U.S. Natural Gas Futures Rise As Front Month Expires

Natural gas futures settled higher after U.S. inventories fell by more than usual in the latest week.

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Be Prepared to Keep Paying More for Electricity

Data centers are getting much of the blame lately for rising power costs, but they aren't the only catalyst.

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Britain Pushed Ahead With Green Power. Its Grid Can't Handle It.

An aging power infrastructure threatens the ability of the U.K. and other countries to capitalize on the AI boom.

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As Memories of Fukushima Fade, Japan Seeks Bigger Role for Nuclear Power

The reboot of a reactor on the Sea of Japan coast will mark a milestone for a nation that suffered one of the world's worst nuclear disasters.

 

(END) Dow Jones Newswires

January 02, 2026 07:00 ET (12:00 GMT)

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