Repsol Sets Out Fresh Buyback as Earnings Surge
Oil surged above $95/barrel (six-week high) on U.S.-Iran escalation; Repsol, Equinor, ExxonMobil report surge in earnings, announce buybacks. Energy cost inflation pressures IT infrastructure budgets; geopolitical disruptions signal sustained volatility in power sourcing for data centers.
Repsol Sets Out Fresh Buyback as Earnings Surge
Repsol has no assets in the Middle East, and so has seen production broadly unaffected by the war this year.
U.S. Commercial Crude Oil Stockpiles Post Weekly Build
Crude oil stocks rose unexpectedly last week by 2 million barrels as imports increased and exports fell, said the U.S. Energy Information Administration.
Global oil prices settle at 6-week high after topping $95 a barrel, as hopes dim for de-escalation of Iran war
Oil Rises Amid Prospects of Escalating Mideast Conflict
U.S. Crude Oil Stockpiles Fall More Than Expected
Oil Rises Amid Growing Concerns Over Supply Disruptions in Middle East
Oil Prices Fall Back Despite Report That Iran Won't Give Up Its Uranium Stockpile
Oil Rises Amid Escalating Mideast Conflict
Oil Rises on Possible Position Adjustments Before Expected Resumption of U.S.-Iran Talks
