Crude oil prices jump and stocks sink
Digest more
Top News
Overview
Event details
Investors are regaining some appetite for risk amid rising optimism that the conflict won't spill over into a broader regional crisis.
ConocoPhillips is poised for growth amid rising oil prices with strong Q1 earnings and potential outperformance of major rivals. Learn more about COP stock here.
NEW YORK (AP) — Some calm is returning to Wall Street, and U.S. stocks are rising on Monday, while oil prices are giving back some of their initial spurts following Israel’s attack on Iranian nuclear and military targets at the end of last week.
6hon MSN
Crude oil prices rose for the second consecutive day, with Brent nearing $75 and WTI over $74 amid Middle East tensions. This surge may negatively impact Indian stocks, but benefit upstream firms like ONGC and Oil India,
Stocks moved sharply higher Monday morning, recovering from steep losses the previous session, as investors keep close tans on the latest developments in the ongoing conflict between Israel and Iran.
Oil stocks have been longtime favorites for investors seeking income. With lower oil prices causing many oil stocks to decline in recent months, their dividend yields have risen. A user on Reddit recently asked which oil stocks with attractive dividends are the best picks right now.