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(Bloomberg) -- Oil fell as the US and Iran tentatively agreed to extend a ceasefire by 60 days, stoking optimism the Strait of Hormuz may soon reopen. Most Read from BloombergSingapore Hands Byju's Founder His First Ever Jail TermApple to Overhaul iOS 27 Siri, AI Features: Here's a First PeekCVS Returns Zepbound to Drug Plans After Lilly Slashes PriceSpaceX Said to Cut IPO Value Goal to at Least $1.8 TrillionUS, Iran Agree to 60-Day Truce Renewal Pending Trump SignoffWest Texas Intermediate trad

Chevron Chairman & CEO Mike Wirth discusses the impact of the war in Iran on oil prices and global supplies, multiple attacks this week on vessels transiting the Strait of Hormuz, the company's view on Venezuela, and potential oil and gasoline shortages. He speaks on "Bloomberg Surveillance."

Chevron CEO Mike Wirth discusses the impact of the war in Iran on oil prices and global supplies and says the company would not consider paying a toll to traverse the Strait of Hormuz.

The U.S. oil giant is in talks to resume pumping oil in the Latin American country after a 19-year exile, but plenty of hurdles remain.

Wall Street stocks are expected to go into reverse on Thursday as optimism about the ceasefire in the Gulf and a potential US-Iran peace deal became increasingly strained. Futures for the tech-laded Nasdaq were tipped to lead the decline, down 0.5%, while S&P 500 and Dow Jones futures...

On a recent episode of The Real Eisman Playbook, Bernstein Research senior energy analyst Bob Brackett made a claim that should change how income investors look at the oil majors. “Don’t compare the yields you get from a commodity company to government yields. Compare them to TIPS. These are inflation protected,” he told host Steve ... Energy Stocks Are Secretly Better Than Treasuries. Here’s Why Bob Brackett Is Loading Up on Exxon and Chevron.

PBR's Q1 refining surged as utilization hit 95% and output rose 6.7%,.cutting imports and boosting diesel, gasoline and jet fuel mix.

Chevron (CVX) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

CVX agrees to a $2.2B sale of its SRC stake to Eneos, enabling it to streamline operations and the latter to expand regionally.

US stocks have been predicted to start Monday trading in the red, as they ended last week, with investors continuing to worry about rising bond yields, stubborn inflation and the economic fallout from higher oil prices. Dow Jones futures were down around 262 points or 0.4%, while S&P 500...

The S&P 500 Index ($SPX ) (SPY ) today is down -0.91%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is down -0.83%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -1.30%. June E-mini S&P futures (ESM26 ) are down -1.02%, and June E-mini Nasdaq futures...

First, there was the TACO trade (Trump Always Chickens Out) amid rising tariff fears in the months and quarters that followed Liberation Day. These days, there’s growing chatter about the so-called NACHO (Not a Chance Hormuz Opens) trade, which suggests the much-anticipated reopening of the Strait of Hormuz might not happen anytime soon. Indeed, reopening ... Could the Trump NACHO Trade Send Energy Stocks Through the Roof?

SHEL's Q1 beat, buybacks and dividend hike highlight strong cash visibility and trading strength amid volatility.

The stock market keeps acting like nothing can go wrong. The S&P 500 recently pushed to fresh highs, unemployment held at 4.3%, and President Donald Trump pointed to strong jobs data and rising markets as proof “our country is doing well.” On paper, that argument holds up. But there’s a growing problem hiding underneath the ... What Chevron’s CEO Just Said About Global ‘Supply Outages’ Could Derail Trump’s Economic Momentum

(Bloomberg) -- The world has burned through oil inventories at a record speed as the Iran war throttles flows from the Persian Gulf, eating into the very buffer that protects against supply shocks.Most Read from BloombergTrump Wants to Make H-1B Workers More Expensive for US EmployersBillionaire Duke of Westminster to Sell £700 Million of US Real Estate AssetsOnline Mob Fuels 6,000% Stock Rally in Obscure SpaceX RivalTrump Punts Thorniest Iran Challenges in Push to Open HormuzIran War Is Drainin

Goldman Sachs is taking a stronger view on Chevron after the energy giant’s first-quarter results gave analysts more confidence in the company’s cash flow outlook, production base, and shareholder return plans. In a report given to TheStreet, Goldman Sachs analyst Neil Mehta raised the firm’s ...

The headline numbers for Chevron (CVX) give insight into how the company performed in the quarter ended March 2026, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

SHEL tops Q1 EPS estimates on trading and optimization strength, but revenues miss as working-capital swings hit cash flow.

Stock Market Today: The Dow Jones index rose Friday ahead of the April jobs report. Coinbase and Cloudflare dived on earnings.

(Bloomberg) -- The Trump administration’s fitful campaign to address US voters’ affordability concerns ahead of the midterm elections is faltering, with some key efforts stalled, cast aside or limited in scope. 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 CatalogChina Asks Banks to Pau

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

Investing.com -- Oil prices tumbled sharply on Wednesday, dragging energy stocks lower across global markets, after U.S. President Donald Trump announced a pause to the American military's "Project Freedom" operation aimed at reopening the Strait of Hormuz.

For months, the oil shock from the Strait of Hormuz closure has played out mostly in futures markets. Prices have surged. Traders have repositioned. But the physical barrels have kept moving, at least for now. The CEO of one of the world's largest oil companies just said that window is closing. ...

When Vicki Hollub took over as Occidental Petroleum's CEO on April 29, 2016, the shares were at $60.76. Ten years later, with Hollub preparing to step aside from the job, the shares are just above $60, which gives you an idea of the struggles the big exploration and production company has ...

CrossAmerica Partners expects a Q1'26 earnings dip despite stable fee-based revenues, as a spike in crude oil prices & margin pressure may weigh on performance.

(Bloomberg) -- The fragile US-Iran ceasefire held Tuesday morning after a day of clashes involving shipping in the Strait of Hormuz and missile attacks against the United Arab Emirates.Most Read from BloombergUS Has Opened a Passage Through Hormuz, Central Command SaysUS and Iran Trade Fire in Gulf, Jolting Four-Week-Old TruceChina’s Rare Sanctions Pushback Leaves Banks Caught in CrossfireFormer NYC Mayor Giuliani in Critical Condition, Trump SaysBeijing Tells China Firms to Ignore US Sanctions

(Bloomberg) -- Oil steadied after Monday’s jump, as traders tracked the increasingly fragile four-week ceasefire in the Middle East following fresh clashes between the US and Iran. Most Read from BloombergUS Has Opened a Passage Through Hormuz, Central Command SaysChina’s Unprecedented Defiance of US Sanctions Triggers ShowdownUS and Iran Trade Fire in Gulf, Jolting Four-Week-Old TruceFormer NYC Mayor Giuliani in Critical Condition, Trump SaysBeijing Tells China Firms to Ignore US Sanctions on R

(Bloomberg) -- Oil held the bulk of a sharp gain after fighting flared in the Middle East, with the US and Iran exchanging fire, renewed attacks on energy infrastructure, and vessels hit near the Strait of Hormuz.Most Read from BloombergChina's Unprecedented Defiance of US Sanctions Triggers ShowdownUS and Iran Trade Fire in Gulf, Jolting Four-Week-Old CeasefireFormer NYC Mayor Giuliani in Critical Condition, Trump SaysUS Has Opened a Passage Through Hormuz, Central Command SaysBeijing Tells Chi

(Bloomberg) -- Oil held the bulk of a sharp gain after fighting flared in the Middle East, with the US and Iran exchanging fire, renewed attacks on energy infrastructure, and vessels hit near the Strait of Hormuz.Most Read from BloombergChina’s Unprecedented Defiance of US Sanctions Triggers ShowdownUS and Iran Trade Fire in Gulf, Jolting Four-Week-Old CeasefireFormer NYC Mayor Giuliani in Critical Condition, Trump SaysUS Has Opened a Passage Through Hormuz, Central Command SaysBeijing Tells Chi