Global Energy Roundup: Market Talk

The latest Market Talks covering Energy markets. Published exclusively on Dow Jones Newswires throughout the day.

0604 GMT - Commerzbank rates strategists confirm their caution on bond duration as bonds struggle to establish a new range, Christoph Rieger, head of rates and credit research, says in a note. "Notwithstanding the seemingly attractive yields, we maintain a cautious duration stance," he says. "The market is struggling to establish a new range, while oil prices stay under pressure and central banks stick with their laissez-faire attitude toward rising bond yields," he says. (emese.bartha@wsj.com)

0532 GMT - BPX is central to British energy major BP's growth story, Barclays analyst Lydia Rainforth writes after hosting the division's CEO Kyle Koontz at the Barclays Energy-Power Conference. The U.S. onshore oil and gas business delivered around 545,000 barrels of oil equivalent a day in the second quarter of the year, making a significant contribution to BP's overall production. As production has ramped up, BPX has improved capital efficiency by around 35% since 2023, while unit costs are down around 10%, she writes. Koontz indicated that BPX is ahead of its production growth objectives as it targets production of above 650,000 oil equivalent barrels a day by 2030, Rainforth said.(adam.whittaker@wsj.com)

(END) Dow Jones Newswires

September 11, 2026 02:04 ET (06:04 GMT)