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Investing.com11d agobullish
Premarket movers: Energy stocks rise on Iran tensions, Eaton jumps on UBS upgrade

Investing.com -- U.S. stock futures fell early Tuesday, kicking off a shortened trading week as Wall Street monitored the U.S.-Iran conflict alongside rising trade tensions between Canada and the U.S. Futures tied to the Dow Jones Industrial Average fell 0.8% by 05:30 ET (09:30 GMT). S&P 500 futures fell 0.3% and Nasdaq-100 futures slipped 0.1%. U.S. markets were closed Monday for Labor Day.

Oil Price Rally Helps Energy Stocks, Hurts Airlines
The Wall Street Journal17d agobullish
Oil Price Rally Helps Energy Stocks, Hurts Airlines

The 5% jump in U.S. crude oil prices today is having some of the familiar effects we've seen in recent months across the market when tensions build in the Middle East. Winners largely are coming from the energy sector, which is the best performing group in the S&P 500 today.

Bloomberg43d agobullish
Petrobras Profit Tops Estimates on Iran War-Driven Oil Rally

(Bloomberg) -- Brazilian oil producer Petrobras outperformed expectations after supply disruptions stemming from the US-Iran conflict lifted second-quarter prices for crude, gasoline and diesel.Most Read from BloombergIran Says Agreement on Hormuz Shipping Reached With OmanWhy Do Data Centers Use So Much Fresh Water?Google AI Veterans Depart During Seismic Leadership ShiftIshbia’s Mortgage Firm Suffers Record Drop on Dividend HaltTrump Made Calls to Warsh in Latest Sign of Bid to Influence FedTh

BP profit soars as Mideast war roils energy prices
AFP46d 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. 

Bloomberg46d 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

Energy earnings: How Exxon, Chevron fare amid all-time high fuel prices
Yahoo Finance Video50d 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.

Oil prices jump and Asian shares slip as US and Iran carry out airstrikes
Associated Press68d agobullish
Oil prices jump and Asian shares slip as US and Iran carry out airstrikes

Oil prices jumped and Asian shares were mostly lower Monday after the U.S. carried out airstrikes and Iran retaliated. The price of Brent crude, the international standard, gained 3.9% to $78.96 per barrel, while U.S. benchmark crude oil added 4% to $74.26 per barrel. Prices for both types of crude oil recently had slipped back to the levels they were at before the war with Iran began, after the two sides set an interim agreement on ending the conflict and ships resumed transporting oil through the Strait of Hormuz.

The Best Energy ETFs to Buy
Kiplinger94d agobullish
The Best Energy ETFs to Buy

Energy ETFs can help investors earn income, hedge against inflation and speculate on commodity prices. Here are five we like.