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Today in Energy
- Corpus Christi LNG expansion makes facility the second-largest in the United States
- United States on track for record crude oil production in 2026
- New England natural gas prices have been trading near record discounts to Henry Hub
- Elevated crack spreads and crude oil prices contribute to higher prices at the pump
- Weekly average load in ERCOT continues near record high
- U.S. LNG exports rose 23% in the first half of 2026 because of higher capacity
Energy
- UK inflation jumps to 3.1% as energy costs soar
- Saudi says Houthis targeted Mecca with a drone, Iran-backed group rejects claim
- Oil falls as U.S. crude inventories reportedly rise, traders weigh Saudi pipeline closure
- U.S. oil tops $105 as Saudi Arabia reportedly cancels some crude cargoes after pipeline closure
- Saudi pipeline closure is a brief interruption that will last days, U.S. Energy Secretary tells CNBC
- Oil’s next test: Saudi Arabia races to restore a key safety valve for prices
Commodities & Energy
- China bans export of critical minerals to US as trade tensions escalate
- Chevron beats quarterly profit expectations on higher oil output
- OPEC+ could delay December oil output hike, sources say
- BP drops oil output target in strategy reset
- Workers at BHP’s Escondida copper mine will strike after failing to reach agreement
- Traders face $1 bln loss on faltering Ghana cocoa supply