Energy up as Houthi Risks Remain High - Energy Roundup
Dow Jones
2 hours ago
Shares of energy companies rose as traders weighed the risk of further Houthi attacks on Saudi infrastructure.
Oil futures rose slightly, closing above $94 a barrel in New York. Diesel futures rose in New York as traders assessed Trump administration plans to import the fuel from Russia.
BP said it would update its strategy in December, giving new Chief Executive Meg O'Neill an opportunity to outline her vision for the British energy major to investors.
The oil major also said it expects to report sequential natural-gas and oil trading revenue growth in the third quarter.
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