Market context
Follow the story. See which markets it affects. Explore the context.
A U.S.-backed deal granting NABEP control over major Venezuelan oilfields shifts crude supplies away from China and pledges up to $100 billion in infrastructure investment. The agreement threatens Be…
August commodity markets defied seasonal trends as extreme weather and Black Sea disruptions drove agricultural gains. Crude oil prices held steady between $80 and $90 amid Middle East tensions, whil…
The Trump administration is reportedly in talks to acquire a stake in Venezuela's oil resources, a move that could significantly increase US reserves. This potential influx of Venezuelan supply exert…
US equity markets closed higher following the US Treasury's plan to expand long-dated bond buybacks. Meanwhile, WTI and Brent crude oil settled slightly higher despite mixed inventory data showing an…
Marathon Petroleum and Phillips 66 hit record highs as crude prices rose and Mizuho lifted price targets, citing strong refining margins, tight inventories, and record refinery downtime globally.
Energy stocks and oil prices surged Monday as Trump increased pressure on Iran, raising Strait of Hormuz supply concerns. WTI and Brent crude jumped 4.3%, while energy service firms posted strong Q2 …
Oil prices plunged over 5% on reports of a potential US-Iran deal to reopen the Strait of Hormuz, easing supply concerns. Energy stocks broadly declined despite BP's strong Q2 earnings, while oil ser…
Energy stocks and oil prices tumbled pre-bell Monday, with WTI down 5.7% and Brent 6.1% lower amid broader energy sector weakness. XLE fell 2.5% while individual names showed mixed earnings-driven mo…
WTI and Brent crude rose for a third session as US-Iran conflict blocks Strait of Hormuz shipping, with Houthi threats to Bab al-Mandab adding pressure. Ceasefire talk hopes capped gains.
Energy stocks rose premarket as WTI crude gained 2.2% and Brent 1.9%, driven by supply concerns. Halliburton fell on flat earnings, while Chevron halted Gulf output ahead of Tropical Storm Bertha.