Oil Pares Gains After Trump Efforts to Broker Israel-Hezbollah Ceasefire
U.S. stock futures were in the red after Asian markets broadly slipped, though European stocks were buoyed by AI exuberance.
Oil Edges Higher; Trump Seeks to Quell Israel-Hezbollah Conflict
Oil edged higher in early trade. President Trump on Monday aimed to quell a growing conflict between Israel and Hezbollah that threatened to derail U.S. peace talks with Iran.
New Iran Clashes Send Oil Prices and Bond Yields Surging
Gains in tech stocks lifted the S&P 500, but nine of the 11 sectors fell.
Outlook for Oil Past Point of Return? Analyzing Headwinds & Tailwinds in Energy
Ellen Wald and Carly Garner discuss oil prices and geopolitical tensions, noting that the long-term outlook for oil has passed the point of return for supply concerns. Ellen says commercial stocks serve as a buffer and sees no end to the oil shortage situation, while Carly is optimistic on that the Strait of Hormuz won't serve as a critical chokepoint to the energy trade.
Oil prices jump after US and Iran exchange strikes; Exxon exec warns inventories could reach ‘unheard of' lows
The warning came as oil markets jolted higher Monday after Iran threatened to shut the Strait of Hormuz amid escalating tensions in the Middle East.
Top ETF Stories of May 2026: Iran Deal Hopes, AI Rally
Iran deal hopes, AI-fueled tech gains and Dell's upbeat outlook lifted stocks to record highs, while inflation fears and space-stock volatility persisted.
Could Bab Al-Mandeb Be The Next Strait Of Hormuz? Iran Suggests Targeting New Front
Israel began fighting Hezbollah in Lebanon after the group came to Iran's aid when the war started on Feb. 28. Since peace negotiations began, Iran has insisted a ceasefire in Lebanon was a prerequisite for continued talks to end the wider war.
Record Resources highlights production potential at Gabon's Loba oil field
Record Resources Inc (TSX-V:REC) announced that further geological and geophysical analysis of its Loba oil discovery in Gabon and nearby analogue fields suggests an initial production rate of more than 5,000 barrels of oil per day could be achievable from its planned first well. The Calgary-based exploration and production company said its planned Loba Marine 2 well is expected to produce above 5,000 barrels per day if completed with a frac-pack system and an electric submersible pump (ESP).
Oil prices rise after fresh wave of attacks between U.S. and Iran
West Texas Intermediate and Brent crude's front month contracts both climbed a as hopes for a peace deal became clouded again.
U.S. Gasoline Inventories Are Falling At A Record Pace
U.S. gasoline inventories aren't at record lows, but they are falling fast.
U.S. Stock Futures Rise Even as Oil Jumps on Fresh U.S.-Iran Hostilities
U.S. stock futures pointed to an extension of May's record-setting rally, even as oil prices rose after the U.S. and Iran exchanged a fresh round of strikes.
Oil jumps 2% as Israel expands Lebanon offensive, rattling ceasefire hopes
Oil prices climbed as Israel expanded its military push in Lebanon. The development comes despite a ceasefire that was declared in April.
