President Trump paused planned military strikes against Iran, causing crude oil prices to fall amid hopes for diplomatic talks. Trump criticized major U.S. oil companies ExxonMobil and Chevron for their record profits during the conflict, urging them to lower consumer prices. ExxonMobil reported $14.5 billion and Chevron $12 billion in quarterly earnings, boosted by high oil prices over $100 a barrel. The easing of U.S.-Iran tensions and Trump's comments signal potential relief for fuel prices ahead.
Shell is repositioning its portfolio to mitigate disruptions from the Middle East by acquiring ARC Resources, which offers low-cost, high-quality condensate production. This strategic move allows Shell to respond more quickly to geopolitical shocks a...
Brent crude oil prices surged to $95.40 a barrel, driven by geopolitical tensions in the Strait of Hormuz, impacting inflation trends. This spike benefits energy companies like Chevron, Exxon Mobil, and Enterprise Products Partners, which convert hig...
Exxon Mobil and Chevron reported robust second-quarter earnings on July 31, 2026, with Exxon focusing on Guyana, the Permian Basin, and refining, while Chevron leveraged its Hess acquisition and a new AI data center power deal with Microsoft. Exxon a...
Crude oil prices jumped over 2% following President Trump's announcement of an "Economic D-Day" campaign targeting Iran's financial support. Brent crude reached $93.56 per barrel, reflecting market concern but not panic, as prices remain below earlie...
In 2026, dividend equity ETFs have outperformed both 10-year Treasuries and the S&P 500 index, with Schwab U.S. Dividend Equity ETF (SCHD) leading with a 27.06% gain year-to-date. This outperformance is driven by sector composition and price apprecia...
