Oil

Trump-Era White House national security advisor, John Bolton, has called on Israel to target Iran’s nuclear program, despite worldwide appeals for moderation following Iran’s recent missile attack. What Happened: Bolton said on X on Monday, “The Israeli government should consider...

Crude oil prices dropped sharply late Monday afternoon after The Washington Post reported Israeli Prime Minister Benjamin Netanyahu told the Biden administration he is willing to strike military targets rather than oil or nuclear facilities in Iran.  The Details: Netanyahu told President Joe...

Oil prices dipped more than 2% on Monday after OPEC cut its global oil demand growth estimate for the third consecutive month. The cartel's downward revision is based on actual consumption data from earlier this year and slightly reduced demand expectations for certain regions. West Texas...

The U.S. Treasury Department announced Friday a fresh wave of sanctions targeting Iran’s petroleum and petrochemical sectors, following Iran's second direct attack on Israel this year. This latest response aims to cut off a critical source of revenue for the Iranian government, a move...

JPMorgan's Arun Jayaram just initiated coverage of ConocoPhillips (NYSE:COP) with a Neutral rating and a price target of $126, down from the previous target of $139. The change reflects Jayaram's cautious outlook on oil fundamentals as a host of geopolitical and market uncertainties loom, but...

Crude oil prices surged more than 3% on Thursday, driven by mounting concerns over potential supply fears in the Middle East as well as domestic disruption related to Hurricane Milton. The spike comes as Israel ramps up military actions in Lebanon and as Gulf nations brace for retaliatory strikes...

For meteorologists who study extreme weather events like Hurricane Milton — and Hurricane Helene just two weeks ago — the most frightening aspect of the back-to-back storms isn’t just strength. It’s speed. The fact that Milton mutated from tropical storm to Category 5 hurricane in...

Wall Street surged on Wednesday as traders cheered a pullback in oil prices and the lack of escalation in the Middle East, particularly regarding potential Israeli retaliation against Iran. The broader market gains reflected optimism ahead of Thursday’s Consumer Price Index inflation report...

Oil prices, as tracked by the United States Oil Fund (NYSE:USO), fell over 1% on Wednesday, bringing the price per barrel down to $73. This extends a 4% drop from Tuesday, driven by growing concerns over weaker demand from China, the world's second-largest oil consumer after the country withheld...

To gain an edge, this is what you need to know today. Google Breakup? Please click here for an enlarged chart of Alphabet Inc Class C (NASDAQ:GOOG). Note the following: This article is about the big picture, not an individual stock. The chart of GOOG stock is being used to illustrate the point....

Bank of America (NYSE: BAC) has an outage with customers showing balances of zero. The customers are horrified. Want to know why the Bitcoin community finds this hilarious? The answer is hubris. Japan communicates it is dedicated to keeping ultra-low interest rates. The yen predictably declines...

To gain an edge, this is what you need to know today. Biggest Stock Moves Ahead Please click here for an enlarged chart of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT). Note the following: TLT moves inverse to the yield. The higher the yield goes, the lower TLT falls. The chart shows the move...

One year after the Oct. 7 Hamas attack on Israel, which led to the ongoing war in Gaza, oil prices continue their ascent, marking the strongest five-day rally in two years. The recent escalation in the region, combined with heightened concerns about potential Israeli retaliation against Iran, has...

To gain an edge, this is what you need to know today. Potential Israeli Attack Please click here for an enlarged chart of oil ETF United States Oil ETF (NYSE:USO). Note the following: The chart shows when Iran retaliated by sending about 180 ballistic missiles. The attack was in response to...

Shares of U.S. energy giants surged this week, marking the strongest performance in two years, as fears of a wider conflict in the Middle East between Iran and Israel drove oil prices to $75 per barrel. The Energy Select Sector SPDR Fund (NYSE:XLE), which tracks 31 major U.S. energy companies,...