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Global energy stocks plunge as US-Iran ceasefire hits oil
April 8 (Reuters) – U.S. and European energy stocks slid on Wednesday, as a ceasefire to the Middle East conflict punctured the hefty war premium built into oil prices due to fears of supply disruption through the Strait of Hormuz. Oil fell below $100 per barrel after U.S. President Donald Trump late on Tuesday agreed […]
Wall St set for higher open as US-Iran ceasefire lifts sentiment
Wall Street futures rose sharply after the U.S. and Iran agreed to a two-week ceasefire, easing crude prices and boosting global market confidence.
Wall St drops over 1% after Trump’s comments dent Iran resolution hopes
Wall Street's main indexes fell over 1% after President Donald Trump signaled intensified military operations on Iran, raising conflict concerns and boosting oil prices.
Wall St opens lower after Trump’s comments dent Iran resolution hopes
Wall Street's main indexes opened lower after President Donald Trump signaled more aggressive attacks on Iran, dampening hopes for a swift resolution.
Caracas, Washington in talks to export Venezuelan oil to US, sources say
HOUSTON/WASHINGTON, Jan 6 (Reuters) – Government officials in Caracas and Washington are discussing exporting Venezuelan crude to refiners in the United States, five government, industry and shipping sources told Reuters on Tuesday, a deal that could divert supplies away from China while helping state company PDVSA avoid deeper output cuts. Venezuela has millions of barrels […]
Venezuela loads oil only for Chevron as PDVSA exports stall
Venezuela is exporting crude only to Chevron as PDVSA cargoes for China remain halted amid a U.S. tanker blockade.
US oil companies gain after Trump signals access to Venezuela’s reserves
U.S. oil and refining stocks surged after Trump said American firms could access Venezuela’s vast oil reserves amid political upheaval.
Chevron clears hurdle, seals $53B Hess acquisition
HOUSTON (AP) — Chevron has scored a critical ruling in Paris that has given it the go-ahead for a $53 billion acquisition of Hess and access to one of the biggest oil finds of the decade. Chevron said Friday that it completed its acquisition of Hess shortly after the ruling from the International Chamber of […]
Wall Street hangs near records highs with most of the focus on earnings, dealmaking
NEW YORK (AP) — Wall Street is drifting on Friday toward the finish of its third winning week in the last four, as more big U.S. companies deliver stronger profits for the spring than analysts expected. The S&P 500 slipped 0.1% in afternoon trading after setting its all-time high the day before. The Dow Jones Industrial […]
