Tag: @CL26N
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Magnificent 7 stock pullback now looks like a buying opportunity, strategist says
Recent weakness in Magnificant 7 now looks to be an opportunity for investors, given that US equity trends remain bullish in the near term, Fundstrat says.
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Why the oil may start flowing through the Strait of Hormuz faster than many believe
Brian Sullivan’s direct conversations with industry executives and experts based both here and in the Middle East indicate ships will start steaming.
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From supply shock to oil glut: IEA flags scale of demand destruction caused by Iran war
The energy supply shock triggered by the Iran War has prompted the IEA to slash its global oil demand forecast.
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CNBC Daily Open: Markets cheer Iran calm as Trump eyes his next deal
The memorandum of understanding for the Iran conflict seems to be holding, with the signing in Geneva inching closer without a reversal so far.
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Oil to still cause volatility even with U.S.-Iran deal in place: Analysts
Skip NavigationMarketsBusinessInvestingTechPoliticsVideoWatchlistInvesting ClubPROLivestreamMenuWhile markets cheer the tentative U.S.-Iran peace deal, oil-price volatility could persist in the near term, analysts say. Global oil inventories, which have
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CNBC Daily Open: For real this time? U.S., Iran peace deal at hand
The proposed deal will see the Strait of Hormuz opened, and the U.S. naval blockade lifted, in effect ending the conflict.
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Trump keeps saying an Iran deal is close. Markets keep believing it
Analysts still assume that, despite the continued conflict, a deal will eventually be reached that ends the war and reopens the Strait of Hormuz.
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CNBC Daily Open: Trump’s Iran deal is ‘days away’ — yet again
U.S. Energy Secretary Chris Wright said ship traffic through the Strait of Hormuz was “rising very meaningfully,” although he did not provide specific data.
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China is helping to cushion global oil prices below $100 — but analysts warn it won’t last
China has reduced oil imports since the start of the Iran war, capping global crude prices.
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CNBC Daily Open: Washington’s ‘war of choice’ extends past 100-day mark
The war was supposed to end in “four to five weeks” and not morph into an “endless” conflict, but its end date is becoming increasingly blurry.
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