Dow Jones Top Energy Headlines at 11 AM ET: Oil Slides More Than 3% as Trump Downplays Prospect of New Iran Strikes | NRG ...

Oil Slides More Than 3% as Trump Downplays Prospect of New Iran Strikes

Trump said in an interview with CNN Sunday that further strikes on Iran were highly unlikely as long as negotiations over Tehran's nuclear program and the reopening of the Strait of Hormuz made progress.

----

NRG Energy Signs $4 Billion Asset-Sale Agreement

NRG Energy said it will sell $4 billion worth of power-generation assets, a move that will allow it to pay down debt and buy back more stock. NRG also reported higher third-quarter profit and revenue.

----

The World's Oil Safety Net Is Fraying. Now Comes the Rush to Remake It.

The Iran war eroded crude stockpiles, pushing countries and companies to refill tanks and create new, more accessible storage.

----

Energy & Utilities Roundup: Market Talk

Find insight on oil futures, Enbridge, National Grid and more in the latest Market Talks covering Energy and Utilities.

----

ConocoPhillips Profit Rises as Oil Prices Climb

The oil and natural-gas company posted a third-quarter profit of about $4 billion, or $3.34 a share, compared with $1.73 billion, or $1.38 a share, a year earlier.

----

BP Sells 5% Stake in Aker BP for $1 Billion as Balance Sheet Repair Continues

The British energy major is looking to accelerate efforts to shore up its balance sheet and simplify its portfolio.

----

U.S. Crude Oil Stockpiles Post Fifth Straight Weekly Drop

Commercial crude oil stocks fell by 865,000 barrels, while distillate stocks fell to their lowest level in more than two decades, the EIA said.

----

The AI Data-Center Backlash Is Real. Why Bloom Energy Stock Can Be a Winner.

The AI power supplier offers clean solutions to the data center energy problem and bypasses the grid.

----

European Gas Market Braces for Trump's Next Move on Iran After Midterms

European natural-gas prices fell, reversing earlier gains, as traders waited to see whether Trump will pursue diplomacy with Iran or launch renewed strikes.

----

Saudi Aramco Profit Surges, Offering Some Relief to Kingdom's Finances

The state-owned energy giant attributed the boost to higher crude volumes sold from maintaining consistent production, as well as higher prices of refined and chemical products.

----

Williams Cos. Shrugs Off AI Data Center Jitters With Power Generation Ambitions

The company credited its 400 megawatt power deal with Meta for its optimistic guidance.

----

Carl Icahn's CVR Energy Strikes $4 Billion Deal for Two Marathon Refineries

The deal comes as global conflicts have boosted U.S. refiners' sales.

(END) Dow Jones Newswires

November 09, 2026 11:00 ET (16:00 GMT)