The Latest Breaking News from Oil

UPS Stock Is Deep in Oversold Territory. Should You Buy the Dip?

Rising oil prices have weighed on United Parcel Service in recent days, but there’s reason for long-term investors to load up on UPS stock at current levels.

Barchart · Mar 10

What Americans think about the war in Iran, according to recent polls

Americans are divided along party lines on U.S. military action against Iran, according to polls conducted since the war began, with most polls showing opposition is higher than support

The Independent UK · Mar 10

Dollar Trades Mildly Lower as Oil Prices Plunge

The dollar index (DXY00 ) today is mildly lower by -0.14%. The dollar is trading lower on today's sharp decline in oil prices, which is dovish for Fed policy. However, the dollar has underlying support from today's +2.3 bp rise in the 10-year T-note yield. Today's existing home sales report...

Barchart · Mar 10

Why the Smart Money May Be Abandoning the Bull Case for Chevron Stock

While the Iran conflict potentially offers cynical opportunities, the big surge in CVX stock and other integrated oil giants could be due for a correction.

Barchart · Mar 10

'Self-defeating': EU and US clash over Russia sanctions relief as prices soar

Granting sanctions relief to Russia would be "self-defeating", Commissioner Valdis Dombrovskis said after Donald Trump's announcement.

Euronews · Mar 10

Stocks Pressured By Higher Bond Yields and Persian Gulf Strikes

The S&P 500 Index ($SPX ) (SPY ) is down -0.04%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is down -0.13%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.13%. March E-mini S&P futures (ESH26 ) are down -0.16%, and March E-mini Nasdaq futures (NQH26...

Barchart · Mar 10

Trump’s re-election may have helped Albanese – but the US war in Iran is creating economic conundrums

Resurgent inflation, already a factor before the Middle East conflict, now risks intensifying, creating a problem for the prime minister

The Guardian - AU · Mar 10

If there was ever a moment for Australia’s shift to renewables and EVs, this is it

Yes, Australia needs fuel. But the Middle East war also shows the necessity of setting ourselves up for the future

The Guardian - AU · Mar 10

‘It’s making everything worse’: Americans fume as gas prices spike across US amid Iran war

A sharp increase in fuel prices following the US-Israel military strikes on Iran has sparked anger and anxiety among Americans, many of whom say the war is hitting them directly every time they stop at the pump.

The Times of India · Mar 10

Limited menus, closures: Iran conflict hits Indian hotels as LPG shortage spreads

Patrons in Bengaluru and Chennai walked into eateries on Tuesday, March 10, only to see some of their favourite dishes missing, smaller menus and talks of closure in a few days.  The looming shortage of commercial Liquefied Petroleum Gas (LPG) supply in the face of the war against Iran by…

Newslaundry · Mar 10