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Alumis develops clinical-stage therapies targeting autoimmune and neuroinflammatory diseases with a focus on TYK2 inhibition technology.
European oil and gas companies who posted huge profits in the first quarter on soaring prices caused by the war in the Middle East face new calls from London to Paris to tax their outsized gains.- New projects - From London to Paris the strong results have sparked calls to tax oil company windfall profits, as occurred following the war in Ukraine which started in 2022.
Investing.com -- Diplomatic activity regarding the conflict in the Middle East reached a fever pitch this weekend as the United States and Iran weigh a proposed memorandum of understanding to end hostilities formally.
Exxon Mobil Corporation (NYSE:XOM) is included among the 10 Best Inflation-Hedge Stocks to Buy for 2026. On May 7, Argus analyst Bill Selesky raised the firm’s price recommendation on Exxon Mobil Corporation (NYSE:XOM) to $169 from $166. It reiterated a Buy rating on the shares. The firm pointed to Exxon’s Q1 earnings beat, while noting […]
Reports surfaced at the beginning of this month that BP (NYSE: BP) is weighing a sale of all or part of its U.K. North Sea operations, potentially worth around £2 billion. This is the first major strategic move under CEO Meg O’Neill, who took over on April 1, 2026. The question now is whether BP ... Is BP Cleaning House to Stay Independent or Setting Itself Up to Be Bought?
Crude shortages could worsen as conflict drags on
SHEL tops Q1 EPS estimates on trading and optimization strength, but revenues miss as working-capital swings hit cash flow.
President Trump met with Brazilian President Luiz Inácio Lula da Silva on Thursday, while the administration extended its trade deadline with the European Union (EU) to July 4. Yahoo Finance Washington Correspondent Ben Werschkul speaks more about what this meeting could mean for US-Brazil relations and the latest news about Trump's 25% tariffs against EU cars.
Wall Street spent the past several weeks gaming out a scenario most investors hoped would never happen: what if the Iran conflict spiraled into a full-scale energy shock? Oil traders, hedge funds, and economists weren’t debating whether prices would rise — they were debating how high. President Trump’s comments this week showed just how serious ... Trump Admits “I Expected Oil to Hit $200” Over Iran— Here’s How Close Investors Came to Disaster
Major institutions, including Goldman Sachs and executives from TotalEnergies and ExxonMobil, say commercial inventories are approaching critically low levels, especially for refined fuels like gasoline and jet fuel.
Argus analyst Bill Selesky raised his price target on Exxon Mobil (NYSE:XOM) stock to $169 from $166, maintaining a Buy rating after the integrated major posted a Q1 2026 earnings beat. The firm pointed to expected higher production rates in 2026 from both Permian and Guyana assets as the centerpiece of its bullish thesis. The ... Argus Hikes Exxon Mobil Price Target to $169 as Permian, Guyana Production Power 2026
Moby summary of Texas Pacific Land Corporation's Q1 2026 earnings call
Oil companies are responding differently to the surge in crude prices.
Shell reported surging earnings as the Iran war brought a trading windfall. Shell’s first-quarter adjusted earnings rose to $6.92 billion from the $3.26 billion it reported in the prior quarter. Shell’s American depositary receipts were down 1.9% in premarket trading.
(Bloomberg) -- Shell Plc reported stronger-than-expected first-quarter earnings as the Iran war boosted trading profits and drove up energy prices, helping it to overcome a drop in oil and gas production from the conflict. Most Read from BloombergUS Has Opened a Passage Through Hormuz, Central Command SaysDOJ Plans Intervention in Trump Supreme Court Carroll AppealUS Says Offensive Phase of Iran War Over as Ship Hit in StraitSony to Pay Almost $4 Billion for Bieber, Neil Young CatalogUS, Iran We
Exxon Mobil (NYSE:XOM) is using AI powered seismic data analysis to speed up oil exploration work. The company is applying this technology first in Guyana to reassess previously overlooked assets. The new approach is cutting interpretation times and allowing faster screening of exploration prospects. For investors watching NYSE:XOM, this move sits at the core of how the company finds and ranks future projects. Seismic interpretation is a critical step in exploration, and using AI to process...
3 oil stocks face a binary May 2026 setup as the geopolitical premium meets JP Morgan's $60 fundamental case for crude prices.
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