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Energy

NexGen Energy (TSX: NXE) Posts EPS of -$0.24, Shares Edge Up 0.2%

The miss came as the uranium sector wrestled with a broader risk‑off mood triggered by a recent oil‑price decline after a cease‑fire agreement. Despite the earnings shortfall, the stock nudged higher, gaining 0.2% to $8.82 in the latest session, reflecting a market that remains …

Vinay Lochav | 20 July 2026

Oil Market Pullback Signals Relief as Iran Pushes 10‑Day Truce

Crude oil retreated on the back of news that Iran is open to a short‑term cease‑fire with the United States. The proposal, centered on a ten‑day pause in hostilities, eased concerns that the conflict could disrupt regional supply lines. Traders quickly adjusted exposure, sending …

Vinay Lochav | 20 July 2026

Oil Spike From Iran Standoff Sends Energy Index Higher, Gas Pumps Cost More

US gasoline costs have climbed past the $4‑per‑gallon threshold, sparking immediate reactions across fuel‑sensitive sectors. The surge follows a sharp rally in crude oil triggered by mounting tensions between the United States and Iran. Traders see the price move as a direct transmission of …

Vinay Lochav | 20 July 2026

Alphabet (NASDAQ: GOOGL) Futures Edge Higher 0.3% as Oil Slides From $90

US equity futures opened higher, with Dow contracts edging up 0.3%, S&P contracts adding 0.5% and Nasdaq contracts popping almost 0.8%. The rise came as oil prices eased after touching $90 per barrel, softening pressure on energy‑heavy industries. The combination of lower commodity costs …

Vinay Lochav | 20 July 2026

Energy Markets Poised for Relief as 10-Day Ceasefire Targets Nuclear Deal

A ten‑day cease‑fire has been floated by unnamed mediators in an effort to breathe new life into the Iran‑U.S. Interim nuclear agreement. The proposal, conveyed by a senior Iranian official, seeks to pause hostilities long enough to reopen diplomatic channels before the current arrangement …

Vinay Lochav | 20 July 2026

EU Grants Oil & Gas Firms Three‑Year Methane Penalty Freeze

The European Union announced a three‑year suspension of penalties linked to its methane‑emission rules for companies operating in the oil and gas sector. By removing the financial threat of fines, the move provides immediate cost relief and may alter the risk profile of upstream …

Vinay Lochav | 20 July 2026

Gulf Crude Exports Surge in July, Then Slow on Renewed Hostilities

In July, the flow of Gulf crude out of the region rose markedly after a lull in previous weeks. Market participants observed that Asian refineries were actively seeking cargoes to cover upcoming demand spikes, which helped lift export volumes. This lift added to the …

Vinay Lochav | 20 July 2026

Magnolia Oil & Gas Corp (NYSE: MGY) Buys WildFire for $2.65B Cash, Assumes $600M Debt

Magnolia Oil & Gas Corp (NYSE: MGY) announced a definitive purchase agreement to acquire 100 percent of WildFire Energy’s issued interests. The deal combines $2,650 million in cash with an equity consideration of 32,203,000 Class A common shares and assumes $600 million of WildFire’s …

Vinay Lochav | 20 July 2026

Market Reacts to Trump’s Iran Warning, Oil Futures Rise

President Trump’s public assertion that Iran will be held accountable for the deaths of U.S. service members sparked an immediate lift in crude oil prices. The market response unfolded as traders weighed the potential for further escalation after a series of U.S.

Vinay Lochav | 20 July 2026

The Steelmaking Commodity Swimming Against the Tide: Why Coking Coal Keeps Falling

The reason for the disconnect comes down to what coking coal actually is. Unlike thermal coal, natural gas, or crude oil, coking coal isn't burned for power generation or transported as a fuel through the shipping lanes currently under geopolitical threat. It's a specialized …

Nitish Kishor | 17 July 2026
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