Tag: @LCO26X
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Oil prices near pre-war levels — but persistent supply risks could spark a rebound, analysts warn
Commodity strategists warn that Iranian leverage in the Strait of Hormuz will continue to weigh on oil markets and shipping costs.
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Trading in these two ETFs suggests inflation fears are overblown
It could have been a big week for bond bears, if it weren’t for crude oil.
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Shipping rebounds in Strait of Hormuz one week after U.S.-Iran deal – but fragile confidence threatens recovery
Shipping traffic through the strategically vital Strait of Hormuz is recovering one week after the U.S. and Iran signed an interim peace deal.
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Oil slides nearly 2% as markets look past fresh Iran tensions and focus on supply outlook
Oil extended declines on Friday, with markets focused any further breakthroughs in the Middle East conflict, while digesting a flurry of news from the region.
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CNBC Daily Open: Oil worries flare as tech’s winners split from the pack
Renewed Middle East tensions are in focus, after Iran reportedly attacked a cargo ship, OPEC faces potential exit of Iraq, and Iran and the U.S. disgree over funds use.
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Iraq piles pressure on OPEC over quota dispute after UAE exit
Reuters reported that though Iraq had considered leaving OPEC, the current plan is to remain a member of the group while seeking a higher output quota.
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Oil tankers with 35 million barrels stuck in Persian Gulf exited Strait of Hormuz since Iran deal
The jump in oil exports comes as the threat level for ships crossing Hormuz has been downgraded to “moderate.”
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Oil extends decline as Trump accuses oil firms of ‘gouging’ consumers
U.S. President Donald Trump intensified pressure on oil companies to lower gasoline prices following the recent decline in crude.
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U.S. issues sweeping Iran oil sanctions waivers, unlocking billions in revenue for Tehran
The U.S. issued a sweeping rollback of sanctions on Iranian oil, offering Tehran an economic lifeline as negotiations toward a peace deal proceed.
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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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