Articles by Rebecca Torres
Battalion Oil Soars 70% Premarket on Iran Conflict, Crude Spike
Battalion Oil shares skyrocketed more than 70% in premarket trading Monday, mirroring a sharp spike in crude oil prices driven by escalating Middle East conflict and related shipping disruptions.
Indonesia Energy Soars 40% Premarket Amid Oil Price Spike
Indonesia Energy shares jumped 40% in premarket action Monday, extending Friday's 22% rally as oil prices climbed on Middle East supply concerns. Traders are watching whether the gains hold at the open.
Indonesia Energy Soars 40% Premarket Amid Oil Price Spike
Indonesia Energy Corporation shares jumped approximately 40% in premarket activity Monday, extending Friday's 22% gain as oil prices climbed on supply concerns. Market participants are watching whether the rally sustains through the regular session opening.
Occidental Petroleum Surges on Oil Price Spike, Bond Tender in Focus
Occidental Petroleum shares climbed more than 6% in premarket trading Monday, tracking a sharp rise in oil prices following Middle East disruptions. Investors are also focused on a March 4 early tender deadline for the company's debt buyback offers.
Occidental Petroleum Surges on Oil Price Spike, Bond Tender in Focus
Occidental Petroleum shares rallied sharply in premarket trading Monday, mirroring a surge in oil prices driven by escalating Middle East tensions. Investors are also focused on an early tender deadline for the company's debt buyback offer.
Chevron Rises on Supply Fears as Middle East Attacks Disrupt Oil, Gas Output
Chevron shares advanced roughly 4% in premarket trading Monday after fresh attacks on Middle Eastern energy infrastructure sent crude prices soaring and heightened supply concerns.
Chevron Gains as Middle East Attacks Drive Oil Price Surge
Chevron shares advanced approximately 4% in Monday's premarket session as Brent crude surged up to 13% following attacks on Middle Eastern energy facilities and shipping routes, raising supply concerns.
Fresnillo Stock Climbs Despite Valuation Concerns Ahead of Earnings
Fresnillo shares gained 1.1% in early London trading, continuing a strong 2024 rally. Valuation models suggest the stock may be significantly overvalued as investors await full-year results.
Rio Tinto Gains in London Despite Iron Ore Weakness Ahead of China Policy Meetings
Rio Tinto's London-listed shares advanced 0.6% to 7,379 pence, even as iron ore futures declined in Asia. Market attention is centered on China's upcoming policy meetings and Rio's ex-dividend date on March 5.
Shell Shares Near 52-Week High as Hormuz Disruption Sends Oil Soaring
Shell shares closed at 3,073.5 pence, up 1.6% and near a 52-week high, as Brent crude jumped up to 13% after attacks disrupted shipping in the Strait of Hormuz. OPEC+ agreed to a modest April output increase.