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ConocoPhillips stock jumps 4% as oil spikes on Iran conflict — what COP investors watch next
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ConocoPhillips stock jumps 4% as oil spikes on Iran conflict — what COP investors watch next
ConocoPhillips shares jumped 4.2% to $118.24 after hours Monday, leading U.S. oil majors as Brent crude surged 6.7% to $77.74 a barrel on Middle East supply fears. Exxon Mobil and Chevron also advanced. Strikes on Iran and regional retaliation disrupted shipping and refinery operations, with insurers pulling war-risk cover. U.S. officials plan to outline measures to address the oil shock on Tuesday. The post ConocoPhillips stock jumps 4% as oil …
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