Oil price surge
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United CEO warns fares may have to rise 20% to cope with oil surge
Youtube· 2026-03-24 16:54
airfares are up 15 to 20% in the last few weeks. Um, but that's sort of covering half to 60% of the inflationary increase. So, I think we have some room to go, but I also think like, you know, there will be less demand.There'll be fewer people traveling as prices go up. That's part of our cut capacity 5%. Like, you know, when airfares have to go up because of oil prices, there are going to be some people that choose not to fly.And it'd be naive not to realize that. Um, and so printing back some of that capa ...
India Holds Fuel Prices Steady Even as Oil Basket Soars Above $155
Yahoo Finance· 2026-03-23 06:30
Indian retail fuel prices are stable despite a surge in the oil basket price to over $155 per barrel, the Hindustan Times reported today, citing energy industry executives. The Indian oil basket settled at $156.29 per barrel on March 19, overtaking Brent crude in a rare occurrence resulting from the supply disruption in the Middle East. That’s despite Iran’s statement that it would allow Indian tankers carrying oil for the subcontinent to pass through the Strait of Hormuz. As a result of the disruption, t ...
ETFs to Go Long as Oil Prices Are Set to Stay High Post-Conflict
ZACKS· 2026-03-20 17:35
Key Takeaways Oil prices may stay elevated post-conflict amid supply risks and disruptions.Energy ETFs stand to benefit from sustained oil strength.Energy ETFs have gained 9.5% in a month and 23.9% YTD.Oil prices are likely to remain elevated even after the ongoing Middle East conflict subsides, driven by concerns around the closure of the Strait of Hormuz. Potential disruptions or restrictions in the strait, one of the world’s most critical oil transit chokepoints, continue to pose supply risks.Beyond that ...
India HPCL buys 2 million barrels of West African oil for early May, sources say
Reuters· 2026-03-20 15:06
Skip to main content Exclusive news, data and analytics for financial market professionalsLearn more aboutRefinitiv The Hindustan Petroleum logo is displayed outside a fuel station, in Bengaluru, India, October 30, 2025. REUTERS/Priyanshu Singh/File Photo Purchase Licensing Rights, opens new tab India HPCL buys 2 million barrels of West African oil for early May, sources say | Reuters Companies Hindustan Petroleum Corp Ltd Follow Indian Oil Corporation Ltd Follow NEW DELHI, March 20 (Reuters) - India's stat ...
$200 Oil No Longer Crazy Idea as Middle East Supply Collapses
Yahoo Finance· 2026-03-19 00:00
A month ago, any analyst suggesting international oil prices could soar all the way to $200 per barrel would have been laughed out of the studio. Now, some are beginning to acknowledge that this is a real possibility, and with good reason. Oil and fuel exports from the Middle East stood at 25.13 million barrels daily in February, Reuters reported this month, citing data from Kpler. By mid-March, this had plummeted by close to two-thirds, to 9.71 million barrels a day. Vortexa has even more worrying figure ...
European Indexes Reverse Course as Oil Price Surges Again
Barrons· 2026-03-18 14:47
European Indexes Reverse Course as Oil Price Surges AgainCONCLUDEDStock Market News From March 18, 2026: Dow Sinks 770 PointsLast Updated:9 hours agoEuropean Indexes Reverse Course as Oil Price Surges AgainByJoseph Michael Stonor, Dow Jones NewswiresMajor European indexes fall back into the red as oil prices surge in early afternoon European trade.Brent crude picked up after strikes against the South Pars gas field--which Iran shares with Qatar--prompted Tehran to threaten further attacks on Middle East ene ...
Oil Prices Surge. Short Interest Spikes. Look Out.
Barrons· 2026-03-16 21:05
Oil Prices Surge. Short Interest Spikes. Look Out. - Barron's Skip to Main Content This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. Oil Prices Surge. Short Interest Spikes. Look Out. By Avi Salzman Share Resize Reprints In this article USO CL00 Oil prices have jumped 50% ...
Energy ETF (DBE) Hits New 52-Week High
ZACKS· 2026-03-16 14:45
Invesco DB Energy ETF (DBE) is probably on the radar for investors seeking momentum. The fund just hit a 52-week high and moved up 76.39% from its 52-week low price of $16.22 per share.Are more gains in store for this ETF? Let us take a quick look at the fund and the near-term outlook on it to get a better idea of where it might be headed.DBE in FocusThe underlying DBIQ Optimum Yield Energy Index Excess Return Index is designed to reflect the performance of the energy sector. The product charges 0.71% in an ...
Occidental Petroleum Is Up 9% Since the Iran Conflict. Here Are 2 Things Investors Need to Know.
The Motley Fool· 2026-03-15 17:11
Oil Market Overview - Oil prices have surged significantly due to military actions involving Israel and the U.S. against Iran, with Brent oil rising from under $80 to over $100 per barrel [1] - The increase in crude prices is attributed to disruptions in global oil supplies, particularly affecting transit through the Strait of Hormuz [1] Occidental Petroleum Performance - Occidental Petroleum's stock has increased by over 9% since the onset of the conflict, but it has underperformed relative to the crude price surge, which has risen nearly 70% this year [2][4] - The stock is currently priced at $57.88, with a market cap of $57 billion and a gross margin of 31.94% [8] Market Sentiment and Future Outlook - Market sentiment suggests that oil prices may not remain high for an extended period, as the U.S. is working to secure oil flow and release emergency stockpiles [5] - If the conflict ends or supply disruptions decrease, oil prices could revert to pre-war levels, potentially impacting Occidental's stock negatively [6] - Conversely, if Iran continues to disrupt oil exports, crude prices may rise further, benefiting Occidental's stock [6] Financial Strategy and Cash Flow - Occidental plans to invest approximately $5.7 billion in capital projects this year, which is $550 million less than the previous year, allowing for a production growth of about 1% [8] - The company expects to generate over $1.2 billion in incremental free cash flow this year, aided by reduced spending and interest expense savings [8] - Higher oil prices will enhance Occidental's free cash flow, enabling the company to strengthen its balance sheet and return capital to shareholders through share repurchases [9] Investment Consideration - Despite the recent rally, Occidental's stock has not kept pace with crude prices, suggesting potential for further gains as the conflict continues [10] - The company's ability to thrive in both high and low oil price scenarios positions it as a compelling investment opportunity in the current market environment [10]
Individual investors are chasing oil's Iran conflict surge, institutions are thinking what comes next
MarketWatch· 2026-03-15 16:00
Core Viewpoint - Individual investors are actively pursuing opportunities in oil markets due to the surge in prices driven by the Iran conflict, while institutional investors are contemplating the future implications of this situation [1]. Group 1: Market Dynamics - Global oil prices have risen to $100 per barrel, influenced by geopolitical tensions, particularly the Iran conflict and the blockage of the Strait of Hormuz [1]. - The stock market has experienced a downturn despite the Trump administration's decision to permit Russia to sell floating tankers of sanctioned crude oil [1]. Group 2: Investor Behavior - Individual investors are significantly increasing their investments in oil, motivated by the recent price hikes [1]. - Institutions are focusing on the potential future developments stemming from the ongoing conflict in Iran, indicating a more cautious approach compared to individual investors [1].