The U.S. aims to fill gaps in global oil and gas demand from the Iran war, but big worldwide shortfalls mean big profits.
Energy company stocks have risen this week, perhaps on the expectation of a protracted conflict.
Iran has closed the Strait of Hormuz and threatened to attack any ship attempting to cross, causing concern for global oil ...
Top executives from major US energy companies, including ExxonMobil and Chevron, have warned officials in the White House that the energy crisis triggered by the war involving Iran could worsen in the ...
Amidst a growing international crisis heavily involving the price of oil, shares of ExxonMobil (NYSE:XOM) are trading at $149 ...
As oil futures rocket past $100 per barrel tonight, the market is splitting in two. Tech and diversified holdings are getting crushed, while pure-play energy names are surging. Let’s explore some of ...
Crude oil is sitting at $116 per barrel right now, and for the energy sector, that number carries significant weight. The last time Brent crude touched this level was March 2022, when it hit $117.25 ...
The investment case is more cyclical than for the integrated majors. Valero’s earnings are acutely sensitive to crack spreads, which can expand when crude rises faster than refined product demand or ...
Top American oil industry leaders have sounded the alarm to the Trump administration, cautioning that the ongoing energy ...
CNBC’s Brian Sullivan stepped in front of the camera Monday morning with an observation that cuts to the heart of how energy investing has changed. “Look at crude oil. It’s up 9.5%, but it’s not at ...
Exxon Mobil and Chevron shares are posting their biggest monthly gains since October 2022, rising about 15% and 14% in January, respectively. Both companies beat fourth-quarter earnings estimates as ...
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