Articles by Rebecca Torres
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.
Crescent Energy Surges on Oil Price Spike, Boosts Buyback Plan
Crescent Energy shares advanced sharply in premarket trading Monday, approaching a 52-week high after crude oil prices jumped on escalating Middle East conflict concerns. The company also increased its share buyback authorization to $400 million.
Crescent Energy Shares Surge on Oil Price Spike, Dividend Reaffirmed
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 maintained its quarterly dividend and increased its share repurchase authorization.
Sasol Surges on Oil Price Spike Amid Geopolitical Tensions
Sasol Ltd advanced sharply as Brent crude oil prices surged to levels not seen since January 2025, driven by geopolitical tensions. The stock reached a 52-week high before paring gains.
Sasol Surges on Oil Price Spike Amid Middle East Tensions
Sasol Ltd. shares advanced sharply as Brent crude oil prices surged to a 13-month high amid Middle East supply concerns. The South African energy and chemicals firm also faces an arbitration ruling in an ethylene pricing dispute.
Sasol Rallies on Oil Price Surge Amid Middle East Tensions
Sasol Ltd shares advanced sharply as geopolitical tensions drove oil prices higher, though the rally faced headwinds from a weaker rand and an adverse arbitration ruling.
Chevron Approaches $200 Amid Oil Supply Fears, Analyst Valuations Diverge Widely
Chevron shares climbed in premarket trading as crude oil surged due to escalating Middle East tensions, pushing the stock toward the $200 threshold. Analyst price targets for CVX show extreme divergence, spanning from $126 to $233 per share.
Battalion Oil Soars 70% Premarket on Iran Conflict-Driven Crude Spike
Battalion Oil shares skyrocketed approximately 72% in premarket trading Monday following a sharp rise in crude oil prices driven by escalating Middle East tensions and shipping risks.