US crude oil shipments from the Gulf have rebounded to about 91% of pre-war levels, mainly due to Saudi Arabia, but US distillate fuel stocks remain low, indicating tight refined product supplies. Shipping risks, especially around the Baltic Sea and Strait of Hormuz, have replaced absolute supply concerns, increasing costs and market uncertainty. Meanwhile, US natural gas demand strengthens as Freeport LNG recovers, boosting exports primarily to Europe. Technical analysis shows mixed signals for oil and gas prices, with resistance and support levels closely watched by traders.
The natural gas and oil market outlook provides context for energy sector activity on Pluang. As of Oct 06, 2026 11:11 WIB, 28 of 38 energy stocks rose while 10 fell. Notable movers include Cenovus Energy Inc (CVE) at USD 31.45 with a -2.93% change and 100% buy order activity, EOG Resources Inc (EOG) at USD 137.40 down 2.82%, and Baker Hughes Co (BKR) at USD 57.50 up 2.68%.
Elon Musk has confirmed that his company is in discussions with Terafab, marking a potential new chip manufacturing partner alongside Intel, which has been the only named chip partner until now. This development could diversify the supply chain and e...
Verastem Inc. reported $25.1 million in net product revenues for Q2 2026 from its Avmapki Fakzynja Co-pack, used for certain ovarian cancer patients. The company is also developing a KRAS G12D inhibitor, VS-7375, targeting multiple cancers, with impo...
Radiant Uranium has finalized its acquisition of the 2,048-hectare Cross Lake uranium property in Saskatchewan's Athabasca Basin by issuing 4 million shares and paying $20,000 to Bromell Mining LLP. The property contains a historic uranium estimate o...
One year after reaching a record high of over $126,000 in October 2025, Bitcoin's price has dropped just 32% to around $85,453, a much smaller decline compared to previous bear markets where drops ranged from 70% to over 80%. This milder downturn is ...
The Solana Foundation introduced Solana DvP, an open-source protocol that enables financial institutions to complete trade settlements on blockchain within seconds instead of days. Developed with guidance from JPMorgan, the protocol replaces fragment...
