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BP profit soars as Mideast war roils energy prices
AFP1d agobullish
BP profit soars as Mideast war roils energy prices

British energy giant BP said Tuesday that its net profit more than doubled in the second quarter as the Middle East war roiled oil and gas markets.Energy majors around the globe are enjoying soaring profits from their trades as oil and gas futures swing between big gains and losses on the latest headlines linked to the Mideast war. 

Bloomberg1d agobullish
BP’s Profit Surges as Oil Trading and Refining Boom During War

(Bloomberg) -- BP Plc posted its strongest quarterly profit in more than four years as its refining and trading businesses boomed during the Iran war. Most Read from BloombergBeer Dynasty Families Sell €731 Million Stake in AB InBevTaco Bell Met With Michigan on Parasite Weeks Before RecallApple’s New CEO Taps Retired Hardware Executive for Management TeamS&P 500 Closes Near Record High on US-Iran Hopes: Markets WrapMamdani Dismisses Business Leaders Advising NYC’s Mayor’s FundAdjusted net incom

European gas jumps 30% as Iran war strains winter supply
InvestorsHub4d agobullish
European gas jumps 30% as Iran war strains winter supply

Key takeawaysEuropean benchmark gas prices gained more than 30 per cent in July, ending a three-month losing streak. EU gas storage finished the month at roughly 55 per cent capacity, below historical averages and last year’s level.

Energy earnings: How Exxon, Chevron fare amid all-time high fuel prices
Yahoo Finance Video5d agobullishVIDEO
Energy earnings: How Exxon, Chevron fare amid all-time high fuel prices

Energy titans ExxonMobil (XOM) and Chevron (CVX) both released second quarter earnings results ahead of Friday's market open. Morning Brief Host Julie Hyman is joined by Yahoo Finance Breaking News Reporter Jake Conley and Trustless Media Founder Zack Guzman to help assess both companies' production outlook and how they are managing debt.

Why this oil pullback could be a buying opportunity
Yahoo Finance Video9d agobullishVIDEO
Why this oil pullback could be a buying opportunity

Oil prices (CL=F, BZ=F) are pulling back as the U.S. and Iran pause military strikes. Tortoise senior portfolio manager & managing director Rob Thummel joins Market Catalysts to discuss the volatility of oil prices and why he sees long-term value in energy stocks.