BrentFront-month futures, Jan 27
$104.77 $/bbl
−$8.66 (−7.6%) on prior
Close 2 November 2026
WTIFront-month futures, Dec 26
$96.46 $/bbl
−$7.66 (−7.4%) on prior
Close 2 November 2026
Henry HubFront-month futures, Dec 26
$2.856 $/MMBtu
−$0.042 (−1.4%) on prior
Close 2 November 2026
TTF (Dutch gas)Front-month futures, Dec 26
$30.20 $/MMBtu
−$0.82 (−2.6%) on prior
Close 3 November 2026
Front-month futures, previous close; contract month on each box. Brent: NYMEX Brent Last Day Financial futures, which settle on ICE Brent. WTI and Henry Hub: NYMEX. TTF: Dutch TTF futures, converted to US$/MMBtu at the daily EUR/USD rate. Data: Yahoo Finance, delayed.
The Gujarat High Court has struck down contract clauses that made Reliance pay GAIL transmission charges, although Reliance built its own pipelines to Dahej. GAIL must refund charges with 8% interest.
Coal minister G Kishan Reddy says India has provided INR460bn ($4.8bn) for the first phase of coal gasification, which turns coal into syngas, ammonia and methanol to cut imports.
Petronas, TotalEnergies and Mitsui have signed a joint venture agreement to develop carbon storage off Peninsular Malaysia. The first phase could inject up to 5 mtpa of CO2 from as early as…
Shell and ExxonMobil are exploring a sale of Infineum, their 50:50 fuel and lubricant additives venture, at about $8bn, the Financial Times reports. Bank of America is advising.
The UK has cleared Adura's Jackdaw gas field in the North Sea, with gas due from the end of October. It should lift UK gas output by around 6% at peak.
President Trump has declared US oil production, refining, pipelines and storage essential to national defence under the Defense Production Act. The move could open federal funding for fossil fuel projects.
The Appointments Committee of the Cabinet has named ONGC executive director Sunil Kumar as the company's next chairman. He succeeds Arun Singh for a combined three-year term from 7 December.
The European Parliament voted to delay EU methane rules for oil, gas and coal importers by three years, two more than the Commission proposed. Talks with member states come next.
India's refined fuel exports are expected to fall from their July-September peak, as home diesel demand rises. Petroleum's share of gross exports hit a 12-quarter high of 11.2% last quarter.
Brent crude rose 4% to settle at $113.17 a barrel on Thursday, its highest close since 4 May. Saudi Aramco told staff to evacuate its Dhahran headquarters after more Houthi attacks.
Reliance Industries says it discussed partnerships across conventional and new energy with US Secretary of State Marco Rubio at its Jamnagar refinery. Power for data centres was also on the table.
Chevron has started marketing mature US Gulf fields, including Petronius, Tubular Bells and Llano. People aware of the plan say sales could raise about $1bn.
ExxonMobil has signed a memorandum of understanding with Iraq's Basra Oil Company for the second phase of a seawater project of up to 2.5 mmbbl/d, Iraq's oil ministry said.
The US Energy Department will lend up to 315,000 barrels from its 1mn-barrel Northeast heating oil reserve. Diesel prices are near a record, and US crude stocks fell more than expected.
Adani Green Energy's net profit rose 16% to INR7.47bn ($79mn) in July-September as revenue jumped 42%. Battery storage at Khavda reached 6.63 GWh, but grid limits curbed solar output.
Indian Oil plans to slightly cut the crude it buys from Gulf producers under annual deals in 2027-28, Reuters reports. It had planned to source about 47% of imports from the region…
Attacks on King Fahd airport in Dammam and Aramco's Shaybah oilfield killed three people on Wednesday, Saudi authorities said. Shaybah's operations were not affected.
Iberdrola's net profit rose 10% to €5.8bn ($6.5bn) in January-September, led by networks. The Spanish utility raised its 2026 outlook to at least 10% adjusted profit growth.
India is building 6.5mn tonnes of new strategic crude storage at Chandikhol and Padur. Commercial terms with ADNOC are under discussion, and analysts want the work sped up.
The European Parliament has agreed to fast-track a one-year delay to methane reporting rules for oil, gas and coal importers. A final vote is set for Thursday 22 October.
