Oil

While global crude prices have retreated beneath the critical $90 per barrel support level, the underlying shipping market is telling a different story as four major oil tanker stocks simultaneously surge into top-tier momentum zones. Surging Into The Top 10% Momentum Despite Brent Crude falling to...

Wall Street split decisively at midday Wednesday as the Dow Jones Industrial Average punched to a fresh all-time high while the Nasdaq 100 retreated. • Carnival stock is showing exceptional strength. What’s behind CCL gains? The Nasdaq 100 dropped 0.7% to 29,801, pressured by chip...

U.S. stocks halted a three-day losing streak at midday Wednesday as oil prices sank more than 5% on revived hopes of a U.S.-Iran de-escalation, easing the energy-driven inflation shock that has dogged risk assets all week and setting the stage for NVIDIA Corp. (NASDAQ:NVDA) earnings after the close...

U.S. equities opened the new trading week on a split footing on Monday as a sharp unwind in AI-infrastructure names dragged the Nasdaq 100 down by over 1%, while energy, communications and insurance shares cushioned the broader market. • Dominion Energy stock is approaching key resistance...

U.S. equities pulled back from record highs Friday as higher oil prices and a bond-market rout reignited fears of interest-rate hikes, sending Treasury yields sharply higher and igniting a broad-based de-risking that hit AI hyperscalers and small caps the hardest. No concrete agreements emerged...

Economist and co-founder of Echelon Wealth Partners, Peter Schiff, called the Iran war a foreign policy blunder on Thursday, slamming the President Donald Trump administration amid escalating tensions in the Middle East. ‘Not Advocating’ For Ground Invasion In a post on X, Schiff...

Global oil markets have been hit with fresh concerns about falling inventories amid the supply losses due to the ongoing closure of the Strait of Hormuz, which has removed more than 14 million barrels per day of crude output from global supply. Declining Inventories Global inventories declined by...

GasBuddy analyst Patrick De Haan on Monday said that ordinary Americans had spent over $28 billion extra at the gas stations as President Donald Trump mulls rescinding the federal gas tax. Iran War Premium In a post on X, De Haan shared that the possible elimination of the “18.4¢ federal gas...

The global oil market is witnessing a shift in demand dynamics as Chinese crude oil imports fall sharply. China Oil Imports Decline According to an X post by The Kobeissi Letter on Sunday, China's crude oil imports slid 20% month over month in April to 8.2 million barrels per day, the lowest level...

Governor Gavin Newsom (D-CA) on Thursday criticized Transportation Secretary Sean Duffy for urging Americans to take road trips as gas prices surged in the U.S. Americans Paying 50% More For Gas In a post on X, Newsom’s Press Office quoted a video where Duffy shared his thoughts on the rising...

For more than a decade, China has been waging a quiet offensive against the U.S. dollar, and the front line has been oil. Beijing’s pitch to oil-producing countries has been simple: stop pricing your crude in U.S. dollars and start accepting Chinese yuan instead. Every barrel that trades in...

Marathon Petroleum Corp. (NYSE:MPC) shares are trading higher on Tuesday after the company reported first-quarter 2026 earnings results. • Marathon Petroleum stock is at critical resistance. What’s behind MPC new highs? Earnings Snapshot The company reported revenue...

On paper, this should have been a clean win. Oil prices surged on geopolitical tensions around the Strait of Hormuz. Energy stocks looked like the obvious beneficiaries. And Exxon Mobil Corp (NYSE:XOM)—one of the world's largest producers—should have been front and center. Instead, the stock fell 9...

Leading cryptocurrencies moved sideways, while stocks rallied to record highs on Thursday as investors digested the U.S. economy’s first-quarter growth that fell short of forecasts. Cryptocurrency 24-Hour Gains +/- Price (Recorded at 9:30 p.m. EDT) Bitcoin (CRYPTO: BTC) +0.22% $76,501...

Valero Energy Corp. (NYSE:VLO) stock declined on Thursday after the company reported first-quarter 2026 earnings results. • Valero Energy stock is trading at elevated levels. Where are VLO shares going? Earnings Snapshot The energy firm reported quarterly revenue of $32....