Oil prices rise and markets fall
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Physical oil prices are at $112/barrel, much higher than paper oil, signaling acute supply stress from the ongoing U.S.–Iran conflict. Read full analysis here.
The Nasdaq Composite (^IXIC) is pulling back first thing Monday morning, down 0.17% to 24,435 after last week’s record run. The tech-heavy index is grappling with geopolitical uncertainty around the Strait of Hormuz,
Gunvor CEO Gary Pedersen warns oil markets face months of violent price swings as weak seasonal demand collides with ongoing Middle East supply disruptions.
Income from production is expected to rise significantly, TotalEnergies said, reflecting a surge in prices during the war.
Viper Energy, Inc. (NASDAQ:VNOM) collects royalty income from Permian Basin oil and gas production without spending a dollar on drilling, and its dividend splits into a fixed base and a variable piece that moves directly with oil prices.
From Biden's Russian oil embargo to Trump's attack on Iran, two presidents show how White House decisions can move gas prices when a crisis hits.
Iran's move to reopen the Strait of Hormuz and a sharp drop in oil prices on Friday boosted bets the Federal Reserve may resume its interest rate cuts as soon as December, but its policymakers still face a tangled outlook ahead of their April 28-29 meeting and remained cautious about the risks of higher inflation.
Oil price bounced from $90 but volume, open interest, and options data all point to a hollow rally. One level decides the pattern.
Dated Brent assesses spot prices for physical barrels of oil currently trading.
When oil prices change, it affects your energy costs—and even the price of everyday items. Here’s why.
On April 17, BofA upgraded Petróleo Brasileiro S.A. - Petrobras (NYSE:PBR) to Buy from Neutral and raised its price target to $24.80 from $18.70 after incorporating a higher oil price outlook.