Oil Stocks Jump. Battalion Oil, UCO up over 5%; PBF Energy, PBR up over 4%; Equinor, SLB, USO up over 3%; Chevron, Occidental up over 2%

Tiger Newspress
53 mins ago

Oil stocks jumped on Monday. Battalion Oil, UCO up over 5%; PBF Energy, PBR up over 4%; Equinor, SLB, USO up over 3%; Chevron, Occidental up over 2%.

The US and Iran exchanged strikes for the first time in about a month as American forces hit an island in the Strait of Hormuz and the Islamic Republic responded by launching attacks on the United Arab Emirates and Jordan.

President Donald Trump told Fox News on Monday morning that the US would Trump Tells Fox the US Will Respond to Iran Attack on US Forces to Iran’s attacks on US forces, without giving details.

Iranian media also said the country’s authorities Iran Seizes Bulk Carrier Over Pollution Near Bandar Abbas: Irna near the port of Bandar Abbas in the strait and claimed an Iran’s IRGC Says Supertanker Hit by Mines in Hormuz Strait: TV trying to go through the waterway was hit by mines early on Monday. US Central Command said in a social media post on Monday that no ships had hit mines in Hormuz.

Crude oil prices rose, with Brent climbing 2.4% to above $90 a barrel. European natural European Gas Rises After US and Iran Exchange Fresh Strikes too.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10