Shell closed up 2.59%, outpacing major indices ahead of its upcoming earnings report where analysts project a 53.2% jump in EPS to $2.85. Consensus estimates have climbed 4.58% over the past month, r…
BP shares rose 2.24%, outpacing broader market declines amid upward consensus earnings revisions and a Zacks Rank #1 (Strong Buy). Analysts project strong quarterly EPS and revenue growth, with BP tr…
Oil majors including Chevron warn of a looming global fuel crunch as supply constraints clash with robust demand. While tighter markets boost refining margins and cash flows for integrated producers …
Oil prices surged past $106 per barrel following reciprocal strikes on Russian and Ukrainian oil refineries alongside ongoing disruptions to Saudi Arabia's East-West pipeline. The escalation threaten…
Oil prices surged as Saudi Arabia suspended crude loadings at Yanbu port following damage to its East-West pipeline. WTI jumped 4.4% to $105.83 and Brent rose 2.9% to $108.75 amid tightening global s…
Crude oil and energy equities surged Tuesday amid escalating Middle East conflict, including Houthi strikes on Saudi Arabia and Iranian forces downing U.S. drones near Hormuz. WTI crude jumped 4.2% a…
Energy stocks and crude benchmarks surged late Tuesday, with WTI jumping 4.2% to $105.67 per barrel and Brent climbing 2.7% to $108.51. The Energy Select Sector SPDR ETF gained 2%, supported by broad…
Wall Street retreated as the 10-year Treasury yield topped 5% and crude oil crossed $100 a barrel ahead of an anticipated Federal Reserve rate hike. The Dow, S&P 500, and Nasdaq fell under pressure f…
U.S. oil and gas stocks are achieving record gains as ongoing conflict in Iran and heightened risks around the Strait of Hormuz disrupt global supplies, bolstering crude benchmarks and refiners.
Crude oil prices and energy stocks surged following escalated Middle East conflicts, including Houthi attacks on Saudi Arabia and Iran downing US drones. WTI jumped nearly 5% to $106.34 and Brent gai…
US equity indexes retreated as the 10-year Treasury yield crossed 5% ahead of an anticipated Federal Reserve rate hike. Crude oil spiked over 4% amid intensifying Middle East conflict, including Hout…
Exxon Mobil shares rose as Brent crude topped $105 per barrel, overshadowing a plant-wide power outage at its 264,000 bpd Joliet refinery. Robust free cash flow shields shareholder payouts, though a …
ExxonMobil secured regulatory approval in a 2-to-1 vote to advance its Rose carbon-capture project in Texas. The milestone permits the company to proceed with the massive emission-reduction initiativ…
Crude oil prices surged with Brent topping $108 and WTI crossing $104 after attacks shuttered Saudi Arabia's 7-million-bpd East-West pipeline. Escalating conflict in the Persian Gulf and Red Sea thre…
Costco doubled motor oil prices and implemented purchase limits as crude approaches $100 per barrel. Severe global inventory drawdowns exceeding 500 million barrels and a projected Q3 deficit of 1.8 …
Chevron CEO Mike Wirth warns global emergency oil cushions are depleted following geopolitical conflicts, leaving crude exposed to supply shocks. With Brent trading near $110, Chevron reported record…
The IEA slashed its 2026 global oil demand outlook by 2.5 million bpd amid surging prices driven by Middle East conflict. With Strait of Hormuz disruptions idling 10.5 million bpd, WTI reached $97, s…
The IEA slashed its 2026 global oil demand outlook by 2.5 million bpd due to the Iran war and Strait of Hormuz closures. With 10.5 million bpd shut in, WTI surged past $104, spurring severe fuel infl…