The latest Market Talks covering Energy and Utilities. Published exclusively on Dow Jones Newswires at 4:20 ET, 12:20 ET and 16:50 ET.

1106 ET - Large trucking operators probably won't take advantage of the federal tax deferral for on-road use of dyed diesel given the complications, GasBuddy's head of petroleum analysis Patrick De Haan says on X. "Interstate trucking means a patchwork of state rules and tax headaches, and most major truck stops don't sell dyed diesel," he says. For most diesel users the deferral of the 24.4 cents a gallon excise tax won't change much at the pump, he adds. "Big fleets will likely sit this out." (anthony.harrup@wsj.com)

1047 ET - U.S. diesel futures are lower after President Trump signed an order allowing temporary on-road use of dyed-red diesel with the corresponding federal excise tax deferred through the end of the year, and the deferred payment possibly later eliminated. "Red diesel" is untaxed for off-road use such as in farming and construction. The latest measure that seeks to reduce prices for truckers "appears to be adding to today's shift in diesel futures leadership back to the downside and away from the upside," Ritterbusch & Associates says in a note. But the measure "appears to be another band aid" as the diesel problem is driven mainly by disrupted supply through the Strait of Hormuz, the firm adds. Nymex diesel is off 2.6% at $4.4295 a gallon. (anthony.harrup@wsj.com)

0910 ET - Oil futures are lower for a third consecutive session with the market optimistic about the amounts of crude being shipped out of the Persian Gulf. Improving confidence in near-term supply suggests further declines are likely, but limited by continued geopolitical risk, BankPro CEO Paolo Broccardo says in a note. "Shipping through the Strait of Hormuz still faces constraints, while rising tensions in the Red Sea fuel concerns," he says. The stalemate in U.S.-Iran negotiations "also leaves no clear path towards a full normalization of regional traffic." WTI is down 2.4% at $87.26 a barrel and Brent is off 2.7% at $97.58 a barrel. (anthony.harrup@wsj.com)

0858 ET - Treasury yields slip as a global bond selloff eases amid a 3% decline in oil prices. Borrowing costs, however, remain close to recent highs, as markets worry about inflation, government spending and corporate borrowing. The U.S. trade deficit widens more than expected in August, to $105.6 billion. The Treasury is auctioning $58 billion in three-year notes and elevated yields are expected to ensure robust demand. The 10-year yield trades at 5.273%, down from yesterday's settlement of 5.310%, which was the highest since April 2002. The two-year falls to 4.785% from 4.831%. (paulo.trevisani@wsj.com; @ptrevisani)

0237 ET - SK Innovation is likely to benefit from higher lubricant base oil prices, LS Securities analyst K.H. Chung says. The South Korean refiner is a global leader in premium lubricant base oils, producing about 80,000 barrels of Group III base oils a day, Chung writes in a note. She expects the supply shortage of lubricant base oils to persist for more than a year. Tight supply of kerosene and diesel and wider refining margins could also continue to boost the company's earnings, she adds. LS Securities upgrades the stock to buy from hold and raises its target price to 187,000 won from 126,000 won. Shares end 2.6% higher at 158,000 won. (kwanwoo.jun@wsj.com)

2113 ET - YTL Power International could see upside from its expanding data-center and AI infrastructure, as well as renewed power-generation opportunities, says Hong Leong IB analyst Daniel Wong in a note. Its Kulai and Sedenak West hubs offer 2.4GW of potential data-center capacity, while its AI-GPU capacity could scale to 100MW or more and support a new services business. The procurement of seven gas turbines totaling 5.25GW also positions YTL for power-generation growth and supports its expanding data-center pipeline, he reckons. Higher water tariffs and planned treatment plants at its unit Ranhill Utilities should support earnings as Johor's water demand rises, he adds. Hong Leong raises its target price to 8.08 ringgit from 7.58 ringgit and keeps a buy rating. Shares are 1.4% higher at 5.62 ringgit. (yingxian.wong@wsj.com)

The price fetched by Amplitude Energy for its natural gas in 1Q should improve on the prior three months, supporting growth in revenue. That's the view of Bell Potter analyst Stuart Howe, who points to higher gas volumes in the quarter. Also, spot natural gas prices recovered to a quarterly average of A$9.77 per gigajoule, from A$8.42 per gigajoule in 4Q of FY26. Amplitude is due to report its 1Q performance on Oct. 19. Bell Potter retains a buy call and A$2.45/share price target on Amplitude, which ended Monday at A$1.74. (david.winning@wsj.com; @dwinningWSJ)

1543 ET - Businesses are looking for an alternative to Nasdaq and the New York Stock Exchange and increasingly turning to the Lone Star State, Texas Stock Exchange CEO James Lee says on CNBC. "The movement of primary listings out of New York and into Texas is underway," he says, following Energy Transfer's Monday TXSE debut. Sunoco, USA Compression, and Dillard's are also moving from NYSE to Texas. The young exchange has also raised $430 million in capital to date, Lee says. "I think we're on the verge of the largest transfer of listings in history," he says.