Chevron and Exxon Mobil Rise 3% as U.S. Strikes on Iran Push WTI Crude Oil to $86
Brent and West Texas Intermediate crude climbed after renewed U.S.-Iran strikes and reports of attacks on shipping raised supply disruption fears.
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Chevron and Exxon Mobil Rise 3% as U.S. Strikes on Iran Push WTI Crude Oil to $86
The post Chevron and Exxon Mobil Rise 3% as U.S. Strikes on Iran Push WTI Crude Oil to $86 appeared first on 24/7 Wall St.. Shares of Chevron (NYSE:CVX) and Exxon Mobil (NYSE:XOM) are climbing in Monday morning trading after the United States and Iran resumed military strikes over the weekend, with shipping through the Strait of Hormuz still constrained. Chevron stock is up 3% to $207.80; Exxon Mobil stock is rising 3% to $161.31. The energy com…
Oil prices rose more than 3% this Monday, after the U.S. attacked an Iranian island in the Strait of Ormuz and Tehran claimed to have retaliated, extending the conflict between the two countries to the sixth month. Oil futures Brent rose $2.87, or 3.26%, to $90.97 per barrel at 8:20 a.m. [...]
Oil rises over 3% as US, Iran resumes military attacks
Web Desk ; Oil prices rose more than 3.5% on Monday after the U.S. attacked an Iranian island in the Strait of Hormuz and Tehran said it had retaliated, as their conflict extended into its sixth month. Brent crude futures were up $3.15, or 3.58%, to $91.25 a barrel at 0903 GMT, while U.S. West Texas […] The post Oil rises over 3% as US, Iran resumes military attacks appeared first on The Blind Side.
Brent and WTI's futures rose more than 3% after further attacks between the U.S. and Iran, while less sailing across the Straits of Ormuz revived fear of global supply disruptions.
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