Oil prices are falling following the resumption of ship traffic through the Strait of Hormuz, signaling a return to normal supply conditions. Despite this easing, sovereign petroleum reserves are depleted, which sets a structural floor for oil prices, making it unlikely for prices to fall below $65 per barrel through the end of the year. The author remains bullish on energy extractors like ExxonMobil (XOM) and BHP, midstream Master Limited Partnerships (MLPs), and views the UAE as a rising leader in post-OPEC oil production. Additionally, there is optimism about the S&P 500, with expectations of a significant rally by year-end as the market currently underprices earnings and overestimates risks related to oil supply disruptions.
In the first quarter of 2026, the Harbor Human Capital Factor US Large Cap ETF posted a return of -3.20%, slightly underperforming its benchmark, the Human Capital Factor Large Cap Total Return Index, which returned -3.07%. Key detractors from perfor...
Chevron CFO Eimear Bonner said U.S. gasoline prices are expected to decline as the Middle East situation stabilizes, despite criticism from President Trump accusing Big Oil of not lowering prices in line with crude oil drops. Trump has ordered a Depa...
Amid volatile crude oil prices, three energy companies—Enterprise Products Partners, Exxon Mobil, and Chevron—stand out for their reliable dividends backed by strong cash flows and long payout histories. Enterprise Products boasts 27 years of distrib...
The US Supreme Court ruled 6-3 that Cuban state-owned companies like CIMEX cannot claim foreign sovereign immunity in lawsuits under the Helms-Burton Act. This decision favors Exxon Mobil, which is suing Cuba for confiscated oil assets seized by Fide...
The SPDR S&P Oil & Gas Exploration & Production ETF (XOP) and the VanEck Oil Services ETF (OIH) offer exposure to different parts of the oil sector. XOP invests in oil producers betting on crude prices, while OIH focuses on service companies that ben...
