US Oil Stocks Halt Gains as Price Rally Seen as Short-Term


Investors decided to cash in on US oil and gas stocks that had a strong run-up in price last week as speculation mounted that the Trump administration was preparing for a military strike in Iran, analysts said. EOG Resources Inc., one of the largest US shale producers, said the disruption to oil flows is “probably short-lived.” 



Source link

  • Related Posts

    EnWave to Report Second Quarter Financial Results on May 21, 2026 and Host Investor Conference Call

    Safe Harbour for Forward-Looking Information Statements: This press release may contain forward-looking information based on management’s expectations, estimates and projections. All statements that address expectations or projections about the future,…

    Pandas set for 8,000-mile blind date in Atlanta

    CHENGDU, China — They’ve never met, but Ping Ping and Fu Shuang are getting ready for the blind date of a lifetime. The two pandas are preparing to leave China…

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    You Missed

    Everything to Know About the Vivrelle x Kith Hamptons Pop-Up

    Everything to Know About the Vivrelle x Kith Hamptons Pop-Up

    China’s State Dinner Menu for Trump Includes Beef Ribs, Roast Duck and Tiramisu

    China’s State Dinner Menu for Trump Includes Beef Ribs, Roast Duck and Tiramisu

    Canada Gazette – Part I, August 9, 2025, volume 159, number 32

    EnWave to Report Second Quarter Financial Results on May 21, 2026 and Host Investor Conference Call

    High-stakes courtroom drama of Musk v OpenAI hears closing arguments | OpenAI

    High-stakes courtroom drama of Musk v OpenAI hears closing arguments | OpenAI

    Musk v. Altman closing arguments

    Musk v. Altman closing arguments