Dow Jones Top Energy Headlines at 7 AM ET: Oil Poised for Weekly Loss as Traders Focus on Ukraine, Bearish Supply Outlook | Philippines ...

MorningStar
2025.12.12 12:30
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Oil prices are set for a weekly loss amid Ukraine conflict and bearish supply outlook. Philippines typhoon survivors sue Shell over climate change. OPEC maintains oil-demand view but expects higher rival supply. IEA forecasts smaller oil surplus due to OPEC+ output decline. U.S. seizes oil tanker off Venezuela amid tensions. GE Vernova stock rallies on electrification wave. U.S. crude stockpiles decline. Chevron CEO sees potential in biofuels and geothermal energy.