Brent crude, the international benchmark, settled at $72.51 per barrel, rising 3.5% on the day.
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Trump is showing signs of willingness to renew U.S. support Ukraine, Angela Stent writes in a guest commentary.
Long Read
Technical indicators point to more gains, while increased capital spending in the oil patch is seen as a positive for the companies.
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On Tuesday the company reported earnings-per-share of $0.55, equal to the median estimate in a FactSet survey.
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Incoming Chairman Albert Manifold moved his last company’s main listing to New York from London.
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It’s a big win for Chevron. Buying Hess without the Guyana project would have wiped out the biggest upside from the deal.
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The Smead Value Fund, which has beaten the Russell 1000 Value Index over five, 10, and 15 years, has 21% of its assets in energy. The weighting in the S&P 500 is 3%.
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Wall Street is being perhaps too glib about the conflict between Russia and Ukraine.
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There were also bright spots in the statement, which comes ahead of official second-quarter earnings on Aug. 5.
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The challenges of the first half aren’t over, our 11 panelists say. Where they see opportunities for the second half of the year.
Long Read
investors should look for oil companies that are relying on more than higher prices to boost profits. Chord Energy fits the bill.
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Exxon Mobil said its second-quarter earnings will take a hit. Shell has said its trading profit will be lower than thought.
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The trading slump may be confined to Shell, the biggest European energy company, but it could also be indicative of difficulties affecting others.
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Brazil, Argentina, and Nigeria are pumping oil. Why the big push now when OPEC+ has to restrain spare capacity?
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Energy analyst Daniel Yergin gives his outlook for oil, gas, and other other markets in the wake of the Middle East turmoil.
Long Read
Micron beats expectations on demand for AI memory chips, BP stock whipsaws on report Shell approached it about a deal, and more news to start your day.
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Discussions are progressing ‘slowly,’ The Wall Street Journal reports.
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It's Fed Chair Jerome Powell who is top of mind for markets now, rather than events in the Middle East.
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Carnival rises sharply after the cruise operator beats analysts’ estimates and raises its fiscal-year guidance.
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Supreme Leader Ali Khamenei’s regime could destabilize slowly, then all at once, Albert B. Wolf writes in a guest commentary.
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A cease-fire between Israel and Iran has the dollar in firm retreat.
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Iran, Israel cease-fire gets off to a fragile start, Compass sues Zillow in real estate rift, nuclear firm Holtec could go public, and more news to start your day.
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Tesla shares rise sharply after the electric-vehicle company launched its highly anticipated robo-taxi service in Austin, Texas, on Sunday.
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The energy market is undergoing a live stress test, Carolyn Kissane writes.
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