US Forces Destroy Five Iranian Oil Carriers After Failed Missile Attacks — USO, UCO Gain As Oil Prices Rise
U.S. Central Command said the vessels were part of an Iranian shadow network used to fund the Islamic Revolutionary Guard Corps (IRGC) and regional proxies.
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Trump Says Oil Prices Will Fall ‘Precipitously’ After Iran War Even As Brent Crude Soars Past $97 A Barrel
The U.S. President said in a Truth Social post on Monday that winning the war with Iran would bring down oil and gas prices.
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Chevron CEO Mike Wirth Highlights Two Factors Behind The $7B-Plus Venezuela Bet
Chevron is set to invest more than $7 billion over the next five years in Venezuela and more than double production compared with 2026 levels
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Trump’s Venezuela Oil Deal Sounds Huge, But It Won’t Slash Gas Prices Anytime Soon — Analyst Explains Why
Patrick De Haan, an analyst at GasBuddy, believes that even with the deal with Venezuela, oil and gas prices will take years to stabilize.
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Crude’s Hot Trade Is Getting Crowded – And One Investor Says He’d ‘Definitely Pass’ On Oil Stocks
In a post on X on Thursday, the Kobeissi Letter pointed out that energy stocks are seeing unprecedented demand from hedge funds.
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Trump Threatens To Bomb Oman If It Interferes With US-Iran’s Strait Of Hormuz Negotiations — Dow Futures Edge Lower, Crude Oil Prices Inch Up
According to a Fox News report, Trump issued the threat when asked about parallel talks between Iran and Oman over control of the Strait of Hormuz.
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Brent Crude Nears $89 As Hormuz Stays Disrupted – Exxon, Chevron And Shell Rack Up Record Cash Flow
As passage of oil through the Strait of Hormuz remains shrouded in uncertainty, the world's largest oil companies are stocking up their cash reserves, according to The Kobeissi Letter.
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MPC, PSX Stocks Hit All-Time Highs – What’s Driving The Rally In These Energy Stocks?
Marathon Petroleum and Phillips 66 shares gained more than 3% each on Tuesday, helped by higher crude prices, while PSX stock also rose after finalizing a JV agreement for a $5 billion pipeline.
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Dow, S&P 500 Hit All-Time High After Bessent Says US-Iran Could Reach A Deal To Reopen Strait Of Hormuz
During an interview with CNBC, Bessent said that the U.S. is in talks with Iranians on allowing free navigation for commercial ships in the Strait of Hormuz.
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Dow Soars Over 600 Points, Crude Headed For Biggest Single-Day Fall In Over 6 Weeks After Trump Calls Off Iran Strikes
U.S. West Texas Intermediate crude futures were headed for their biggest single-day decline in more than six weeks.
