Oil

The energy trade that paid off all spring has reversed in full. The two largest oil-and-gas equity funds have erased their entire Iran war rally, and the sector’s spring darlings are now its biggest losers. The Energy Select Sector SPDR Fund (NYSE:XLE), the broad sector benchmark, fell to $53...

The Middle East trade may be entering a new phase. Oil prices have retreated sharply this week as signs of progress in U.S.-Iran talks eased some fears of a broader regional disruption. The United States Oil Fund (NYSE:USO), one of the most widely followed proxies for crude oil prices, has fallen...

Crude oil tumbled to a critical technical floor on Thursday as traders priced in the reopening of the Strait of Hormuz, a stunning reversal for a market that spent more than 100 days bracing for a shortage. West Texas Intermediate crude — tracked by the United States Oil Fund (NYSE:USO) — fell 3.3...

Oil markets are facing the risk of a significant supply overhang by 2027 as global production rebounds faster than demand growth, according to a recent outlook from the International Energy Agency on Wednesday. The agency said global oil supply could rise sharply in the coming years as Gulf...

Oil has fallen below the $80 mark after President Donald Trump's Iran peace deal announcement, and airline stocks are catching a momentum tailwind as investors price in potential fuel-cost relief. JetBlue Airways Corp. (NASDAQ:JBLU), LATAM Airlines Group SA (NYSE:LTM), and Frontier Group Holdings...

Leading cryptocurrencies retreated alongside stocks on Tuesday as investors cashed in on recent gains. Cryptocurrency 24-Hour Gains +/- Price (Recorded at 9:25 p.m. EDT) Bitcoin (CRYPTO: BTC) -1.18% $65,513.55 Ethereum (CRYPTO: ETH)         ...

U.S. stocks were mixed at midday Tuesday as money rotated out of high-flying technology and into financials, utilities and industrials — cooling the tech-led rally as the Dow Jones Industrial Average pushed to fresh records. Meanwhile, Federal Reserve Chair Kevin Warsh prepares to gavel in his...

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...