After deciding against renewing all-out war against Iran, President Donald Trump signaled that he will continue applying economic pressure on the regime. In an interview with Axios on Sunday, he said “we are low keying
If you drive to the middle of nowhere in central Texas near Cameron—population 5,300—and down a gravel road, you’ll come upon a security gate with a sign stating, “Watch out for the cows.”
Welcome to rural Reeves County, which counts about 4,000 households over 2,600 square miles, in barren and arid West Texas. Soon, courtesy of Chevron, the county will possess enough gas-fired electricity to power more than 2 million homes—
As of 5:20 a.m. Eastern Time today, oil is trading at $89.81 per barrel, based on the Brent benchmark we’ll explain in a bit. That’s $2.43 above yesterday morning’s level and about $20.50 higher than
This is an edition of the Markets P.M. newsletter, a recap of the day’s most important markets moves, delivered after the closing bell. If you’re not subscribed, sign up here. What Happened
As of 6:50 a.m. Eastern Time today, oil sold for $87.38 per barrel (using Brent as the benchmark, which we’ll get into momentarily). That’s 71 cents higher than yesterday morning and approximately a $17.50 rise over
U.S. stock futures jumped on Sunday, continuing a bullish mood from late last week, as President Donald Trump balked at a major attack on Iran. Futures tied to the Dow Jones industrial average surged 189
In what has become a familiar pattern in the Iran war, President Donald Trump again threatened a massive attack then pulled back from the brink. But while he attributed his latest reversal to U.S.
Chevron reported its largest quarterly net profit ever—$12.1 billion—on Friday as the Big Oil giants demonstrate how they’re reaping the rewards of the Iran war’s oil and gas supply disruptions worldwide. ExxonMobil’
By Heard on the Street Staff This is an edition of the Markets P.M. newsletter, a recap of the day’s most important markets moves, delivered after the closing bell. If you’re not
