Israel-Hamas war: Oil prices could see 'large increases' if conflict spreads, World Bank warns
The World Bank said Monday that there could be “large increases in the prices of oil and other commodities" if the Israel-Hamas war spreads regionally.
Oil slide hits Exxon Mobil profits
Exxon Mobil Corp reported a $9.1 billion third-quarter profit, about a 54% drop from record earnings a year ago. The decline comes as oil prices retreat from higher levels.
Chevron's profit slumps, shares fall
Chevron's third-quarter earnings missed Wall Street estimates by a wide margin, sending its share price down despite its recent megadeal with Hess.
Warren Buffett's Berkshire Hathaway ups stake in Occidental Petroleum, again
Warren Buffett’s Berkshire Hathaway increased its stake in Occidental Petroleum this week, taking on another 3.9 million of the company’s stock, according to an SEC filing.
We've turned a blind eye to the oil sanctions: Sen. Bill Cassidy
WARNING: GRAPHIC FOOTAGE. Sen. Bill Cassidy, R-La., discusses Ukraine and Israel aid and Iran attacking U.S. forces on 'Varney & Co.'
Top banking executives were cheering on the Fed early in the cycle: Barry Knapp
Ironsides Macroeconomics managing partner Barry Knapp discusses earnings, his market outlook, the U.S. economy and top bank executives in Saudi Arabia.
Pete Najarian: There's a lot going on within the markets
Market Rebellion co-founder Pete Najarian discusses the anticipated release of economic data, the impact of Israel's delayed invasion on oil prices, Chevron acquiring Hess and the A.I. market.
Chevron to acquire Hess in $53 billion deal
Chevron Corporation is acquiring rival Hess Corporation in a $53-billion all-stock transaction that it says will upgrade and diversify its portfolio.
Larry Kudlow: Humanitarian aid 'equals' Hamas aid
'Kudlow' host Larry Kudlow discusses Biden's request for aid for Israel and Ukraine, American foreign policy in the Middle East and oil prices amid rising tensions.
Fed should 'pause and wait,' says Mark Newton
Fundstrat Global Advisors managing director Mark Newton discusses his take on the markets, the economy and the Federal Reserve's management of rate hikes.
Biden admin suspends select sanctions on Venezuela for its move toward fair elections
The Biden administration agreed to ease sanctions on Venezuela pertaining to oil and gold transactions, after Venezuelan leaders vowed to move toward more fair elections.
Bond market, oil are the only things that matter right now: David Bahnsen
The Bahnsen Group CIO, founder and managing partner David Bahnsen discusses oil prices, the Federal Reserve's handling of the economy and inflation.
Biden admin eases energy sanctions on Venezuela in potential blow to domestic producers: report
The Biden administration is moving to lift energy sanctions implemented by the Trump administration on Venezuela in exchange for freer elections.
Stuart Varney: Israel-Hamas war upset Biden's 'green dreams'
FOX Business' Stuart Varney discussed the consequences of Biden ending U.S. energy independence as the Israel-Hamas war rages on in the Middle East.
Rates are critical: Ken Leon
CFRA Research Director Ken Leon discusses 3Q earnings, big banks, the Federal Reserve's rate hikes and inflation.
A look at past oil shocks, Israel's war and Iran as wild card
Oil prices are expected to remain volatile as Israel mounts assaults in Gaza after surprise attacks by Hamas killed 1,300 Israelis. Now Iran is throwing its weight into the fight.
People need to be wary that we're going to get some 'hot' CPI prints: Lee Munson
Portfolio Wealth Advisors President and CIO Lee Munson discusses U.S. energy amid the Israel war, big banks 3Q earnings and the next Fed meeting.
US sanctions two tanker owners for carrying Russian oil above price cap
The U.S. on Thursday imposed the first sanctions on owners of tankers carrying Russian oil above the G7 price cap of $60 a barrel, one based in Turkey and one in the UAE.
Crisis in Israel is not a market story: Adam Johnson
Bullseye American Ingenuity Fund portfolio manager Adam Johnson and Payne Capital Management President Ryan Payne discuss the impact of the conflict in the Middle East on the markets, bank earnings and Exxon buying Pioneer for nearly $60 billion.
ExxonMobil merges with Pioneer Natural Resources in $59.5 billion deal
Shareholders of Pioneer Natural Resources will receive 2.3234 shares of ExxonMobil for each Pioneer share they own at closing, Exxon said in a statement.