Oil prices climbed again on Thursday morning as traders priced in shocks from a potential armed conflict between the US and Iran, adding to large gains in Wednesday trading and the overnight session. Futures on Brent crude (BZ=F), the international pricing benchmark, and US benchmark West Texas Intermediate (WTI) crude (CL=F) both rose around 2% to trade above $71.60 and $66.20, respectively. The price action brings monthly gains on both energy products to more than 11%. The oil market has been closely ...

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Oil Price Rises Amid U.S.-Iran Tension. These Stocks Are Gaining. - Barron'sSkip to Main ContentThis 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 Price Rises Amid U.S.-Iran Tension. These Stocks Are Gaining.By [Adam Clark]ShareResize---ReprintsIn this article[XOM][CVX ...

Core Viewpoint - Maurel & Prom has been authorized by the U.S. to expand its operations in Venezuela, marking a significant step towards resuming oil exports after a halt due to previous sanctions [1]. Group 1: Company Operations - Maurel & Prom's teams in Venezuela are fully mobilized and prepared for the next phases of development following the U.S. authorization [1]. - The company had previously halted exports from Venezuela in the second quarter of last year due to the suspension of its license by the U.S. government [1]. - The CEO of Maurel & Prom stated that the clarity provided by the new general license will enable the company to operate with confidence in Venezuela [1]. Group 2: Regulatory Environment - The U.S. Treasury Department issued a new general license that includes Maurel & Prom among other companies authorized to operate in Venezuela [1]. - The updated regulatory framework is expected to stabilize Maurel & Prom's activities in the region [1]. Group 3: Market Response - Following the news of the U.S. authorization, shares of Maurel & Prom increased by 6% in early trading in Paris [1]. - The company has submitted a new license application to the U.S. Office of Foreign Assets Control (OFAC) to fully resume its operations in Venezuela [1]. Group 4: Resource Potential - Maurel & Prom reported a significant increase in identified reserves in Venezuela, with studies confirming the potential of previously unproven zones [1].

Core Viewpoint - Oil prices have decreased as investors evaluate the ongoing tensions between the U.S. and Iran, despite a recent 4% increase in prices due to concerns over potential supply disruptions [1] Oil Price Movement - Brent futures fell by 12 cents (0.2%) to $70.23 per barrel, while U.S. West Texas Intermediate (WTI) crude decreased by 8 cents (0.1%) to $65.11 per barrel [1] - Both benchmarks had previously settled over 4% higher, marking their highest settlements since January 30 [1] U.S.-Iran Tensions - Tensions between Washington and Tehran remain elevated, but the consensus is that a full-scale armed conflict is unlikely, leading to a cautious approach among investors [1] - U.S. President Donald Trump is reportedly not in favor of a significant rise in crude prices, and any military action is expected to be limited to short-term air strikes [1] Diplomatic Efforts - Progress was made in talks between the U.S. and Iran in Geneva, although significant issues remain unresolved [1] - Iran is expected to provide more details in the coming weeks regarding the negotiations [1] Military Activity - Iran has announced plans for rocket launches in southern areas, while the U.S. has deployed warships near Iran [1] - U.S. Vice President JD Vance indicated that Washington is considering whether to continue diplomatic efforts or explore alternative options [1] Inventory Reports - U.S. crude, gasoline, and distillate inventories have decreased, contrary to expectations of a rise in crude stocks by 2.1 million barrels [1] - Official U.S. oil inventory reports from the Energy Information Administration are anticipated [1]

Here’s the latest news and analysis on the oil market https://t.co/6y01IsxpGV ...

In the current session, the stock is trading at $173.09, after a 2.67% increase. Over the past month, Diamondback Energy Inc. (NASDAQ:FANG) stock increased by 13.13%, and in the past year, by 6.79%. With performance like this, long-term shareholders are optimistic but others are more likely to look into the price-to-earnings ratio to see if the stock might be overvalued.Comparing Diamondback Energy P/E Against Its PeersThe P/E ratio is used by long-term shareholders to assess the company's market performanc ...

Group 1 - The U.S. Treasury Department mandates that companies in the Venezuelan oil sector must pay local taxes, permits, and fees to the Venezuelan government [1] - Royalties and federal taxes from these companies must be deposited into a fund managed by the United States, specifically the Foreign Government Deposit Funds [1] - The Treasury issued two general licenses on February 10, one lifting U.S. sanctions on Venezuelan oil exports and the other allowing the provision of U.S. goods and services for oil and gas exploration in Venezuela [1]

Group 1: Tech Sector Performance - Tech stocks experienced a recovery, with the Nasdaq 100 increasing by 1.4% to surpass 25,000, outperforming the S&P 500's 1% gain and the Dow's 0.7% advance [1] - Cadence Design Systems Inc. saw a significant rise of nearly 10% after exceeding fourth-quarter revenue estimates and projecting strong growth for 2026, driven by share buybacks and AI demand [1] Group 2: Commodity Market Trends - Commodity markets rose broadly due to escalating tensions in the Middle East, with reports of a potential U.S.-Israeli military operation in Iran [2] - Oil prices surged by 3.6%, marking the strongest session since October 2025, and climbed above $64 per barrel [2] - Spot gold prices exceeded $5,000 per ounce, while silver prices rose above $78 per ounce [2] Group 3: Cryptocurrency Market - In the cryptocurrency market, Bitcoin experienced a slight decline of 0.6%, trading at $67,000 [2]

Core Insights - Glencore traded more oil in 2025 but reported a decline in earnings from its energy trading business for the third consecutive year, attributed to well-supplied markets, geopolitical uncertainty, and softer market sentiment [1][1][1] Group 1: Trading Performance - Glencore's trading volumes increased to 4.2 million barrels per day, an 11% rise from the previous year, marking the highest level since 2020, although still below the 5.6 million bpd traded in 2017 [1][1][1] - The company experienced a significant rebound in the second half of 2025, following a weak first half where EBIT from energy marketing was only $40 million [1][1][1] Group 2: Financial Results - Earnings before interest and taxes from energy and steelmaking coal trading fell by 32% year-on-year to $614 million in 2025, a stark decline from a record high of $5.2 billion in 2022 [1][1][1] - Glencore announced a return of $2 billion to shareholders despite the drop in earnings [1][1][1] Group 3: Regulatory Developments - The U.S. Department of Justice ended its monitorship of Glencore's trading activities in March 2025, a year earlier than planned, following the company's agreement to pay fines related to bribery and market manipulation [1][1][1] - The monitorship had imposed a financial burden on Glencore, costing the company $85 million in 2024 alone [1][1][1]