Oil

Diamondback Energy Inc (NASDAQ:FANG) shares were climbing in early trading on Friday, during a rise in energy stocks with growing Middle East tensions. Following the Endeavor acquisition, Diamondback and ExxonMobil Corp (NYSE:XOM) are now the dominant players in the Midland Basin, according to BMO...

European energy markets are more vulnerable to Middle East tensions than the US due to its import dependence and geopolitical exposure. Further military escalation could lead to price spikes and supply disruptions as winter approaches.  Oil prices climbed for the third straight session on...

Political tensions and potential war in the Middle East have made the price of oil rip higher. This means there are opportunities to profit by investing or trading in the companies in the energy sector. As you can see on the chart, shares of Exxon Mobil Corporation (NYSE:XOM) may be about to break...

Oil is trading more than 5% higher Thursday on the heels of President Joe Biden‘s statement that the U.S. spoke with Israel about a possible attack on Iran's oil facilities. "We're in discussions about that,” Biden said during an interaction with reporters. Biden seemingly indicated he...

President Joe Biden and his administration purchased an additional 6 million barrels of crude oil earlier this week. The acquisition is meant to fill the Strategic Petroleum Reserve. The price tag came in at an average price of $68.56 per barrel, according to Patrick De Haan aka @GasBuddyGuy on X...

United Nations Security Council members convened for an emergency session Wednesday in New York to address Israel, Lebanon, Iran and whether an all-out war in the Middle East is preventable. What Happened: Israeli Ambassador Danny Danon, in his remarks to the UN Security Council, called Iran’...

Geopolitical risks may be the biggest threat to global markets, the Bank of England (BoE) warned on Wednesday. "Global vulnerabilities remain material, as does uncertainty around the geopolitical environment," the BoE said. “Markets remain susceptible to a sharp correction.” The BoE...

To gain an edge, this is what you need to know today. The Power Of Missile Defense Please click here for an enlarged chart of Rtx Corp (NYSE:RTX). Note the following: This article is about the big picture, not an individual stock. The chart of RTX stock is being used to illustrate the point....

By RoboForex Analytical Department Brent crude oil prices climbed to 74.55 USD per barrel by Wednesday, marking a significant increase driven by escalating geopolitical tensions in the Middle East. The previous session saw prices surge by over 2% as fears grew over potential crude oil shortages due...

Oil prices continue to rise on Wednesday, adding to gains driven by potential supply disruptions in the Middle East and fresh warnings out of the Organization of the Petroleum Exporting Countries and its allies, known as OPEC+. What To Know: Prince Abdulaziz bin Salman, the oil minister of Saudi...

ConocoPhillips (NYSE:COP) shares closed higher on Tuesday. Shares of energy companies traded higher during the session as tensions in the Middle East heightened. Some investors may be eyeing potential gains from ConocoPhillips' dividends. As of now, the crude oil producer offers an annual dividend...

Diamondback Energy Inc (NASDAQ:FANG) shares climbed nearly 3% on Tuesday. Here’s a look at what’s going on. What To Know: Diamondback Energy shares traded higher Tuesday as energy stocks jumped amid rising Middle East tensions. Iran launched an attack on Israel following the recent...

Helix Energy (NYSE: HLX) shares ended the last trading session 5.5% higher at $10.80. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session. This compares to the stock's 10.7% loss over the past four weeks. The surge can be attributed to...

To gain an edge, this is what you need to know today. Chinese Market Breaks Negative Pattern Please click here for an enlarged chart of Xtrackers Hvst CSI 300 China A Shs ETF Class A (NYSE:ASHR). Note the following: In a prior article, we shared with you details of China's stimulus program. Prior...

To gain an edge, this is what you need to know today. Spending Disappointment Please click here for an enlarged chart of Super Micro Computer Inc (NASDAQ:SMCI). Note the following: This article is about the big picture, not an individual stock. The chart of SMCI stock is being used to illustrate...