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Indian State-Owned Refiner HPCL Faces Tanker Shortages Amid Strait of Hormuz Risks

Indian State-Owned Refiner HPCL Faces Tanker Shortages Amid Strait of Hormuz Risks

Indian State-Owned Refiner HPCL Faces Tanker Shortages Amid Strait of Hormuz Risks
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ConocoPhillips beats estimates on higher oil prices, raises dividend

ConocoPhillips beats estimates on higher oil prices, raises dividend

Nov 5 (Reuters) - ConocoPhillips raised its quarterly dividend by 11% and beat Wall Street estimates for third-quarter adjusted profit on Thursday, as stronger commodity prices and cost-cutting measures helped offset a decline in its output.
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Oil set for sharp weekly drop but Middle East supply concerns provide floor

Oil set for sharp weekly drop but Middle East supply concerns provide floor

By Colleen Howe BEIJING, Nov 6 (Reuters) - Oil prices are set for a sharp weekly drop on expectations of a de-escalation of the Iran war after US President Donald Trump's party suffered election losses, but Middle East supply concerns from the conflict continue to provide a floor for the market.
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Oil rises over $2 as investors assess Iran war future

Oil rises over $2 as investors assess Iran war future

By Siddharth Cavale NEW YORK, Nov 5 (Reuters) - Oil prices rose more than $2 a barrel on Thursday, as investors reassessed the outlook for the US-Israeli war with Iran, while new attacks on tankers fed worries about oil supplies.
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ConocoPhillips boosts dividend after beating estimates on higher oil prices

ConocoPhillips boosts dividend after beating estimates on higher oil prices

By Pooja Menon and Sheila Dang Nov 5 (Reuters) - ConocoPhillips lifted its quarterly dividend after beating Wall Street estimates for third-quarter adjusted profit on Thursday, helped by stronger crude prices and cost-cutting measures that offset a decline in output.
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Brent oil price benchmark set for biggest weekly drop since 2020

Brent oil price benchmark set for biggest weekly drop since 2020

By Shadia Nasralla LONDON, Nov 6 (Reuters) - Oil prices were set for a sharp weekly fall after the election losses of US President Donald Trump's Republican Party raised hopes of a de-escalation in the US-Israeli war on Iran and a stock market sell-off, though attacks on vessels in the Middle East
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AI storm dooms tech stocks to $2 trillion decline on darkest day since 2025

AI storm dooms tech stocks to $2 trillion decline on darkest day since 2025

By Niket Nishant and Caroline Valetkevitch Nov 5 (Reuters) - Big tech stocks slumped on Thursday in their biggest decline since the "Liberation Day" rout last year, extending what has been a punishing autumn for the AI trade.
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Bombardier lifts 2026 free cash flow forecast, sees US trade risk easing

Bombardier lifts 2026 free cash flow forecast, sees US trade risk easing

By Allison Lampert and Megavarshini G.
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Axon invests $1.2 billion more in drone maker Skydio, lowers annual revenue growth forecast

Axon invests $1.2 billion more in drone maker Skydio, lowers annual revenue growth forecast

Nov 5 (Reuters) - TASER maker Axon Enterprise said on Thursday it would invest an additional $1.2 billion in drone maker Skydio and become its exclusive distributor in the US and Canada. The deal highlights growing demand for drones among police, emergency response and government agencies.
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OpenAI to press ahead with data-center expansion despite midterm sweep, CFO tells CNBC

OpenAI to press ahead with data-center expansion despite midterm sweep, CFO tells CNBC

Nov 6 (Reuters) - OpenAI will press ahead with its US data-center expansion plans despite a Democratic midterm sweep this week that has fueled fears of tighter scrutiny of the facilities, its Chief Financial Officer Sarah Friar told CNBC in an interview on Friday.
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Marathon Petroleum Reports Strong Q3 Earnings Rebound and Announces Refinery Sale

Marathon Petroleum Reports Strong Q3 Earnings Rebound and Announces Refinery Sale

Marathon Petroleum Reports Strong Q3 Earnings Rebound and Announces Refinery Sale
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Crude gains on worries about renewed US attacks on Iran

Crude gains on worries about renewed US attacks on Iran

By Erwin Seba HOUSTON, Nov 6 (Reuters) - Crude futures edged up late on Friday on renewed fears of further US strikes on Iran as US President Donald Trump said he would soon decide whether to pursue a peace agreement or destroy what remains of Iran.