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Chevron (CVX) shows upward earnings estimate revisions for the current quarter and year, but future projections moderate. Carrying a Zacks Rank #3 (Hold) and a Value Score of B, the integrated oil ma…
Exxon Mobil holds a Zacks Rank #3 (Hold) despite upward earnings estimate revisions. Current quarter EPS is projected to rise 101.1% year-over-year, supported by a Value Style Score of B, signaling p…
Crude oil rallied above $100 per barrel as U.S.-Iran conflict in the Persian Gulf threatens Strait of Hormuz supply flows. Forecasts indicate prolonged delivery risks into 2027, spurring roughly $20 …
August PPI surged 0.4% sequentially and 5.4% year-over-year, driven by spiked energy costs and Middle East tensions that pushed Brent above $105. Accelerating wholesale inflation has fueled expectati…
The IEA cut its 2026 global oil supply and demand outlook, warning that stalled US-Iran negotiations and renewed shipping attacks will push the market into a deeper shortfall than previously projecte…
US diesel prices hit a record high above $6 per gallon as Middle East conflict and Ukrainian strikes on Russian infrastructure cripple global refining capacity. With refineries running near 100% capa…
ExxonMobil made an oil and gas discovery at the Vicango East-01 well in Block 15 offshore Angola. The well encountered 82 feet of high-quality sandstone reservoir. ExxonMobil operates the block with …
TotalEnergies took full ownership of its Grandpuits advanced plastics recycling facility in France. Additionally, the company confirmed that ExxonMobil will assume operatorship of the $14 billion Pap…
ExxonMobil trades near all-time highs, boosted by elevated oil prices and geopolitical tensions. The company generated $17.5 billion in quarterly free cash flow, representing a 600% year-over-year in…
Brent crude surged past $107 per barrel amid escalating Middle East conflict and Red Sea shipping disruptions following Houthi rebel actions. The US dollar strengthened alongside resilient Treasury m…
Escalating Middle East conflict and disrupted shipping routes pushed Brent crude past $106, reigniting inflation fears. Global bond yields surged to multi-decade highs amid ECB rate hikes and rising …
PBF Energy posted blowout quarterly results and secured a Zacks Rank #1, driven by surging refining margins and significant debt reduction. The broader refining and marketing sector demonstrates robu…
Escalating Middle East conflicts in the Red Sea and Strait of Hormuz pushed Brent and WTI above $100, with forecasts targeting $120. Surging energy prices have revived inflation fears, prompting warn…
Escalating Middle East conflicts and shipping disruptions in the Red Sea and Strait of Hormuz have pushed Brent and WTI crude past $100 per barrel. Analysts warn prices could reach $120, reigniting g…
U.S. diesel prices reached a record $6 per gallon as Brent crude hovered near $105, reigniting inflation pressures ahead of crucial CPI data. Although ExxonMobil and peers slipped slightly premarket,…
Surging oil and gas prices driven by Middle East conflict threaten to reignite inflation ahead of a pivotal CPI report. With the 10-year Treasury yield hitting multi-year highs and the Federal Reserv…
Brent crude surged past $109 per barrel amid escalating Middle East tensions, fueling broad gains across the energy sector. Higher crude prices and positive analyst coverage propelled producers like …
Escalating Middle East conflict and Red Sea supply disruptions propelled crude past $100, stoking inflation fears. Multi-year high Treasury yields and rising Federal Reserve rate-hike expectations tr…
Crude oil prices surged with Brent topping $109 and WTI crossing $102 as U.S.-Iran hostilities sharply escalated. President Trump defended his strategy despite midterm pressures over high energy cost…
Brent crude surged past $108 per barrel amid Middle East supply tensions. While higher oil prices initially lift producers like ExxonMobil, historical patterns suggest prices above $110 rarely sustai…