Energy Sector

AI take

Energy is trading a two-sided crude tape after oil firmed on Hormuz tanker attacks and Houthi claims on Saudi energy sites, even as Trump waived some Russia-related sanctions. Halliburton beat estimates on both profit and revenue, a services overlay for the energy book, and ExxonMobil had already signaled a refining-margin lift into its October 30 print. US Energy Secretary Chris Wright said Persian Gulf crude shipments had recovered to about four-fifths of pre-war levels, although refined-product deliveries remained limited. Watch Hormuz vessel counts, Gulf restart comments, and how energy equities digest Warsh against that two-sided crude tape.

Scheduled take · 2026-10-21T03:10:04Z

• Moneycontrol -- Commodity Corner: oil prices edge higher on Middle East supply risks