Dow Jones Top Energy Headlines at 4 PM ET: Oil Prices Are Back Above $100. Why It Could Be a 'Cruel Summer.' | Shell ...
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Oil prices have surged above $100 a barrel amid ongoing tensions in the Middle East. Shell is expanding its operations in Western Canada by acquiring Arc Resources, while Meta Platforms has entered a solar power agreement with Overview Energy. Nordex shares reached a 24-year high following strong earnings, and Galp reported a 41% increase in quarterly profits. Endurance Investment Partners is seeking $350 million for energy investments. Canada has approved Enbridge's $3 billion gas pipeline expansion, and SLB's profits have declined due to disruptions from the Iran conflict.
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