Articles by Rebecca Torres
Qatar LNG Halt Sparks Global Gas Price Surge, U.S. Futures Climb
U.S. natural gas futures jumped Monday after Qatar halted LNG production following Iranian drone strikes, sending European and Asian prices soaring. Market focus shifts to Thursday's U.S. storage data and Gulf shipping security.
Gold's Geopolitical Surge Cools as Dollar Gains, Oil Spikes
Gold pared an early surge driven by Middle East tensions, holding near $5,284 an ounce as a stronger dollar and surging oil prices complicated its safe-haven appeal. Markets now await key U.S. jobs data.
Gold's Geopolitical Surge Cools as Dollar Gains, Oil Spikes
Gold relinquished early gains driven by Middle East conflict fears, stabilizing near $5,284 an ounce as a surging U.S. dollar and oil prices altered the safe-haven calculus. Markets now await U.S. payrolls data.
Occidental Petroleum Gains as Crude Surge Lifts Energy Sector
Occidental Petroleum shares climbed 2.4% to $54.35, tracking a sharp rally in crude oil prices. Energy stocks broadly outperformed as markets assessed supply risks and awaited key U.S. economic data.
Occidental Petroleum Rallies on Crude Surge; Traders Monitor Payrolls, Geopolitics
Occidental Petroleum shares advanced 2.4% to $54.35, tracking a sharp rally in crude oil prices. The broader energy sector moved higher as traders assessed supply risks and awaited Friday's U.S. employment report.
Exxon Gains as Middle East Tensions Fuel Oil Price Spike
Exxon Mobil shares advanced alongside a sharp jump in oil prices following military actions in the Middle East. The company maintained its dividend and share repurchase target.
Exxon Gains as Middle East Tensions Fuel Oil Price Spike
Exxon Mobil shares advanced 1.1% to $154.22, tracking a sharp rise in oil prices after Middle East conflict raised supply concerns. Brent crude jumped up to 13%.
Exxon Shares Gain as Middle East Tensions Drive Oil Price Spike
Exxon Mobil shares advanced alongside a sharp jump in oil prices following military actions in the Middle East, while broader U.S. equity markets declined.
Gold, Oil Spike as Middle East Strikes Fuel Market Turmoil
Geopolitical tensions triggered a flight to safety, sending gold sharply higher and oil surging while global stock markets declined. Traders are assessing the conflict's potential to disrupt energy flows and fuel inflation.
Gold, Oil Spike as Middle East Strikes Fuel Safe-Haven Rush
Gold prices climbed sharply as investors sought safety following military strikes against Iran. Oil surged and global equities fell amid escalating regional tensions.
Crescent Energy Surges on Oil Price Spike, Boosts Buyback
Crescent Energy shares advanced sharply in premarket trading Monday, approaching a 52-week high following a surge in crude oil prices driven by geopolitical tensions. The company also announced an expanded share buyback program.