Australia’s S&P/ASX 200 rose 1.55% in early trade. Japan’s Nikkei 225 jumped 1.7%, after dropping 5.2% in the previous session. A currency dealer monitors exchange rates in f... Read more
President Donald Trump, at a press conference at his golf club near Miami, said that the war against Iran will end “very soon.” He also predicted that oil prices, which had surge... Read more
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As oil prices surge, energy stocks could reclaim their crown as the market’s leaders, if history is any precedence. West Texas Intermediate crude futures jumped to a high of more than... Read more
US stocks recovered from steep losses on Monday, flipping firmly into the green after President Trump hinted the war with Iran could be over soon. Crude fell quickly after surging past $100... Read more
US stocks recovered from steep losses on Monday, flipping firmly into the green after President Trump hinted the war with Iran could be over soon. Crude prices eased after surging past $100... Read more
Key points: Kinetik is a midstream energy company operating in the Permian Basin that’s set to benefit from the recent surge in energy prices. The stock already pays a hefty 7.1% divid... Read more
Futures on international benchmark Brent (BZ=F) and US benchmark West Texas Intermediate (WTI) crude (CL=F) both jumped up to highs of $119 in the minutes after the oil futures market reopen... Read more
With oil spiking to $100 a barrel and the job market essentially paralyzed, the threat of stagflation again is looming over the U.S. economy and financial markets. High inflation and slow gr... Read more
The Strait of Hormuz closure could have larger long-term impacts on liquefied natural gas than crude, according to Rapidan Energy. Roughly 20% of LNG flows through the Strait – the majority... Read more
