--- title: "Dow Jones Top Energy Headlines at 11 AM ET: Oil Futures Turn Lower | NextEra ..." type: "News" locale: "en" url: "https://longbridge.com/en/news/286793687.md" description: "Oil futures declined after a spike due to stalled reopening of the Strait of Hormuz. NextEra Energy is set to acquire Dominion Energy for $67 billion, creating a major East Coast utility. The ongoing Iran conflict is driving up oil prices and depleting U.S. inventories. Canada has finalized a carbon-tax deal, and the House passed an ethanol bill, though its future in the Senate is uncertain. Global oil inventories are rapidly decreasing, raising concerns about future supply." datetime: "2026-05-18T15:27:25.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/286793687.md) - [en](https://longbridge.com/en/news/286793687.md) - [zh-HK](https://longbridge.com/zh-HK/news/286793687.md) --- # Dow Jones Top Energy Headlines at 11 AM ET: Oil Futures Turn Lower | NextEra ... Oil Futures Turn Lower Oil futures turned lower after spiking overnight on lack of progress toward the reopening of the Strait of Hormuz. \---- NextEra to Buy Dominion Energy in $67 Billion Deal The deal would combine two of the largest U.S. utilities into an East Coast energy titan with territory in Florida, the Carolinas and Virginia. \---- The World Can't Get Enough U.S. Energy, Keeping Prices High for Americans Overseas buyers are looking to America for oil and transportation fuels, helping deplete its domestic inventories. \---- Coal Makes a Comeback, Fueled by War in the Middle East Countries are returning to the highly polluting but reliable source of power after the Iran war effectively shut the Strait of Hormuz. \---- The Oil Shock Is Causing a $45 Billion Rupture in the Economy A wartime price surge is slamming consumers while boosting investors. \---- NextEra Energy Near Deal for Rival Utility Dominion Agreement could come as soon as Monday, assuming talks don't fall apart. \---- The Winners and Losers of Oil's New World Order Energy expert Jason Bordoff explains the uneven consequences of the war in Iran and the longer term outlook for nations from the U.S. to Russia. \---- Canada, Alberta Finalize Carbon-Tax Deal, Sets Stage For New Pipeline Proposal Alberta agreed to a stringent levy on carbon from its energy producers, the first of a series of conditions it has to meet before Prime Minister Mark Carney backs a new crude-carrying pipeline to the Pacific Coast. \---- House Passes Ethanol Bill, But Fate Uncertain in Senate Advocates for ethanol blended gasoline got a long-awaited win in the House, but a bill allowing year-round sale faces a murky future in the Senate. \---- The World Is Burning Through Its Oil Safety Net Global oil inventories have fallen at a record pace during the Iran war, and oil executives and analysts predict a reckoning within weeks if the Strait of Hormuz remains shut. \---- Oil Prices Stay Stuck Despite 'Consensus' That Strait of Hormuz Will Reopen in June Brent crude futures, the international standard, settled mostly flat at $105.72 a barrel. \---- Canada Aims to Double Power-Grid Capacity By 2050 Canadian Prime Minister Mark Carney said the country needs to double the capacity of its electricity grid by 2050, a project with a trillion-dollar price tag but necessary to ensure the country's sovereignty and prosperity. (END) Dow Jones Newswires May 18, 2026 11:15 ET (15:15 GMT) Copyright (c) 2026 Dow Jones & Company, Inc. ### Related Stocks - [NEP.US](https://longbridge.com/en/quote/NEP.US.md) - [OXY.US](https://longbridge.com/en/quote/OXY.US.md) - [NEE.US](https://longbridge.com/en/quote/NEE.US.md) - [D.US](https://longbridge.com/en/quote/D.US.md) - [AMLP.US](https://longbridge.com/en/quote/AMLP.US.md) - [CRAK.US](https://longbridge.com/en/quote/CRAK.US.md) - [IXC.US](https://longbridge.com/en/quote/IXC.US.md) - [BNO.US](https://longbridge.com/en/quote/BNO.US.md) - [MLPA.US](https://longbridge.com/en/quote/MLPA.US.md) - [XOP.US](https://longbridge.com/en/quote/XOP.US.md) - [XES.US](https://longbridge.com/en/quote/XES.US.md) - [EMLP.US](https://longbridge.com/en/quote/EMLP.US.md) - [IEZ.US](https://longbridge.com/en/quote/IEZ.US.md) - [USO.US](https://longbridge.com/en/quote/USO.US.md) - [XLE.US](https://longbridge.com/en/quote/XLE.US.md) - [TPYP.US](https://longbridge.com/en/quote/TPYP.US.md) - [VDE.US](https://longbridge.com/en/quote/VDE.US.md) - [UCO.US](https://longbridge.com/en/quote/UCO.US.md) - [OIH.US](https://longbridge.com/en/quote/OIH.US.md) - [IEO.US](https://longbridge.com/en/quote/IEO.US.md) - [NEE-N.US](https://longbridge.com/en/quote/NEE-N.US.md) - [NEE-W.US](https://longbridge.com/en/quote/NEE-W.US.md) - [NEE-R.US](https://longbridge.com/en/quote/NEE-R.US.md) - [NEE-T.US](https://longbridge.com/en/quote/NEE-T.US.md) - [NEE-U.US](https://longbridge.com/en/quote/NEE-U.US.md) - [NEE-S.US](https://longbridge.com/en/quote/NEE-S.US.md) - [NEE-V.US](https://longbridge.com/en/quote/NEE-V.US.md) ## Related News & Research - [Capital Economics sees oil at $150 per barrel through 2027 in an extreme case](https://longbridge.com/en/news/286549728.md) - [ROI-ENERGY WATCH: Alarms and clocks](https://longbridge.com/en/news/286796437.md) - [MORNING BID AMERICAS-Ceasefire on a knife edge](https://longbridge.com/en/news/286898313.md) - [Oil rises more than 1% after drone attack on UAE nuclear power plant](https://longbridge.com/en/news/286683769.md) - [NextEra Energy's $67 Billion Dominion Acquisition Will Make It the Dominant Power Player in the AI Era and a Must-Own Energy Stock](https://longbridge.com/en/news/286896538.md)