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Energy and commodity industry news collected daily by LIVERSE.
2026.08.10
Energy
Summit Midstream Corporation Reports Second Quarter 2026 Financial and Operating Results
HOUSTON, Aug. 10, 2026 /PRNewswire/ -- Summit Midstream Corporation (NYSE: SMC) ("Summit", "SMC" or the "Company") announced today its financial and operating results for the three months ended June 30, 2026. Highlights Second quarter 2026 net income of $4.6 …
PRNewswire
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2026.08.10
Energy
America's oil reserves are the lowest in 43 years
The Iran war has produced a historic shock to energy markets. Oil prices jumped again on Monday as the outlook for a US-Iran deal became less clear.
Business Insider
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2026.08.10
Energy
SASOL LIMITED: TRADING STATEMENT FOR THE YEAR ENDED 30 JUNE 2026
JOHANNESBURG, Aug. 5, 2026 /PRNewswire/ -- In terms of paragraphs 6.26(a) and 6.30(b) of the Listings Requirements of the JSE Limited (JSE) stakeholders are advised that, for the year ended 30 June 2026: Earnings per share (EPS) is expected to be between R17,…
PRNewswire
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2026.08.10
Energy
BofA: Hormuz Needs 10 Times More Ships to Stabilize Oil Markets
Bank of America (BoFA) is warning that oil prices could continue climbing into the winter if the U.S. and Iran fail to reach an agreement reopening the Strait of Hormuz, with severe shortages already emerging in diesel, gasoline and global natural gas markets…
OilPrice.com
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2026.08.10
Energy
Trump administration denies plans for US oil export ban amid surging crude prices
The reassurance against an oil export ban highlights the delicate balance between market stability and geopolitical leverage in energy policy. The post Trump administration denies plans for US oil export ban amid surging crude prices appeared first on Crypto …
Crypto Briefing
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2026.08.10
Steel
MMDR Bill may ease retrospective mineral tax burden for miners, steelmakers
The Bill seeks to restrict states' powers to impose taxes and cesses on mineral rights and could provide relief from retrospective liabilities arising from a 2024 SC ruling
Business Standard
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2026.08.10
Energy
Michigan gas prices drop in past week, but that may be short-lived
Michigan gas prices — which came down 21 cents a gallon in a week but are still more than $4 a gallon — continue to fluctuate as conflict and uncertainty in the Mideast put pressure on crude oil prices over the weekend. The average price of gas in the state w…
Biztoc.com
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2026.08.10
Energy
Bullish Oil Bets Shrink for a Second Week Running, COT Data Show
Money managers have reduced their bullish bets on both Brent and WTI crude futures over the past two weeks despite little progress on a potential reopening of the Strait of Hormuz. In the latest reporting week to August 4, portfolio managers trimmed their net…
OilPrice.com
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2026.08.10
Energy
The American Empire Was Built on Sand and is Facing a Tsunami
A few details of the Iran-Oman Agreement have been released indicating Trump is again lying to save face by claiming he is intimately involved in the solution. The opening of the Strait will only extend to specific countries who have … The post The American …
Globalresearch.ca
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2026.08.10
Energy
Iran War Day 164: Iran Replaces Secretary of Supreme National Security Council
State of the Union: Iran’s Foreign Ministry appeared to confirm that Iran will eventually charge fees for transit through the Strait of Hormuz. The post Iran War Day 164: Iran Replaces Secretary of Supreme National Security Council appeared first on The Ameri…
The American Conservative
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