Chevron, Dell, and CrowdStrike reached 52-week highs amid AI optimism and surging crude prices. Brent and WTI crude traded above $107 and $104 per barrel as prolonged Strait of Hormuz disruptions and…
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…
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 stock indexes sank to six-week lows as 10-year Treasury yields surged to 5.04% on elevated inflation concerns. WTI crude jumped over 2% following Saudi supply disruptions, lifting energy shares wh…
Stock futures retreated as Treasury yields hit 19-year highs alongside surging oil prices. Chipmakers rebounded slightly after prior losses triggered by calls to slow AI development. Software and cry…
Depleted global crude buffers and tightening market conditions are set to push oil prices higher, according to industry leadership. Strong upstream earnings, high cash generation, and elevated benchm…
Escalating attacks on Middle East shipping corridors and crude shut-ins sparked severe supply shortage concerns, pushing oil benchmarks toward an 8% weekly gain. The IEA forecast a steep global suppl…
Saudi Arabia shut down its key East-West crude pipeline after drone attacks launched from Iraq. The outage halts an essential bypass route around the Strait of Hormuz, escalating Middle Eastern suppl…
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…
UBS warned major US airlines may miss Q3 earnings views due to surging fuel costs and operational disruptions. The warning comes as WTI and Brent crude broke above $100 per barrel amid escalating US-…
Saudi Arabia's crude production plunged by 1.9 million barrels per day in August to 6.23 million, hitting 34-year lows amid Middle East conflicts and shipping blockades. Severe export bottlenecks pus…
Long-dated US Treasury yields spiked to multi-year highs, with the 10-year reaching 4.91% as Brent crude surged to $105. Spurred by inflation worries and heavy sovereign debt issuance, markets are in…
Brent crude surged back above $100 per barrel, boosting cash flow and earnings outlooks for major integrated oil producers. BP reported surging operating cash flows, lower net debt, and dividend hike…
US equity indexes fell after midday as Brent crude breached $100 a barrel and rising Treasury yields weighed on sentiment. Energy stocks and precious metals gained, while broad market ETFs, consumer,…
US gasoline and diesel prices reached record seasonal highs as Brent crude surpassed $100 per barrel amid US-Iran tensions and refining bottlenecks. Surging crack spreads are pushing nationwide diese…
Crude oil futures jumped amid an escalating U.S.-Iran conflict, pushing the 10-year Treasury yield near a nine-month high of 4.8%. Rising energy prices and surging yields are pressuring broader equit…
Brent crude surpassed $100 per barrel amid escalating Middle East tensions and depleted global inventories. Morgan Stanley warned that higher energy prices and rising interest rates threaten broader …