Oil

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....

Governor Gavin Newsom (D-CA) slammed President Donald Trump on Tuesday for prolonging the Iran war as gas prices continue surging across fuel pumps in America. Reckless Iran War In a post on the social media platform X, the California Governor’s official Press Handle criticized Trump’s...

President Donald Trump‘s oil put — the rhetorical lever Washington pulls whenever crude tops triple digits — was back at play with Swiss-watch timing on Tuesday morning as crude prices surged past $100 overnight on continued disruptions in Middle East. • United States Oil Fund shares...

Leading cryptocurrencies retreated alongside stocks on Thursday, amid lingering uncertainty over the Iran conflict. Cryptocurrency 24-Hour Gains +/- Price (Recorded at 9:20 p.m. EDT) Bitcoin (CRYPTO: BTC) -0.12% $78,092.54 Ethereum (CRYPTO: ETH)       ...

Leading cryptocurrencies rallied, while stocks closed at new records on Wednesday on the Iran ceasefire extension, even as Strait of Hormuz tensions simmer. Cryptocurrency 24-Hour Gains +/- Price (Recorded at 9:20 p.m. EDT) Bitcoin (CRYPTO: BTC) +2.39% $78,191.58 Ethereum (CRYPTO: ETH)...

Leading cryptocurrencies held steady, while stock futures lifted Tuesday evening after President Donald Trump extended the ceasefire with Iran indefinitely. Cryptocurrency 24-Hour Gains +/- Price (Recorded at 9:15 p.m. EDT) Bitcoin (CRYPTO: BTC) +0.22% $76,357.94 Ethereum (CRYPTO: ETH)...

Battalion Oil Corp (NYSE:BATL) shares are surging on Tuesday as energy names catch a bid on renewed calls to own the sector tied to higher-for-longer oil-price expectations. Battalion Oil is also riding a crude spike that saw WTI surge 5.7% to $88.65 and Brent climb 4.7% to $94.63 in Tuesday’...

U.S. equities drifted lower into midday Tuesday with the S&P 500 and Nasdaq 100 easing from near record highs set earlier in the session, as a fresh surge in crude oil prices and rising Treasury yields tempered the April rally. • State Street Energy Select Sector SPDR ETF shares are...

The oil market's latest spike may have already run its course — and the answer isn't buried in supply data or demand forecasts. It's floating through one narrow waterway. • What’s driving USO stock today? Right now, crude's direction is being dictated less by barrels and more by...