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(Bloomberg) -- Oil held the bulk of a sharp gain after fighting flared in the Middle East, with the US and Iran exchanging fire, renewed attacks on energy infrastructure, and vessels hit near the Strait of Hormuz.Most Read from BloombergChina’s Unprecedented Defiance of US Sanctions Triggers ShowdownUS and Iran Trade Fire in Gulf, Jolting Four-Week-Old CeasefireFormer NYC Mayor Giuliani in Critical Condition, Trump SaysUS Has Opened a Passage Through Hormuz, Central Command SaysBeijing Tells Chi

The oil market is delivering a harsh reminder to investors: geopolitical risk may outrun fundamentals. Brent oil temporarily spiked to about $126 a barrel before tumbling as markets responded to rising U.S.-Iran tensions and worries of more disruption near the Strait of Hormuz. By the conclusion of ...

Moby summary of Hess Midstream LP's Q1 2026 earnings call

Hess Midstream Partners (NYSE:HESM) reported first-quarter 2026 results that management said met expectations despite severe winter weather early in the period, while also outlining a lower 2026 capital spending plan and higher adjusted free cash flow outlook. First-quarter operational performance

MPLX is set to report Q1 2026 earnings with a stable, fee-based revenue outlook, but weaker oil and gas prices may have pressured volumes.

(Bloomberg) -- The tankers have been arriving from all over the world in unprecedented numbers. After loading up in Alaska and along the US Gulf Coast, they head back out to sea — to Japan, Thailand and even as far as Australia.Most Read from BloombergSupertanker Appears to Have Crossed the Strait of HormuzBeijing Tells China Firms to Ignore US Sanctions on RefinersWorld’s Largest Container Carrier Plans Route Avoiding HormuzPhilippines Says Thousands Evacuated as Mayon Volcano EruptsTrump Casts

So many lessons from earnings season, so little time

Investing.com -- Chicago Federal Reserve President Austan Goolsbee stated on Saturday that recent inflation figures are "bad news" for the U.S. central bank, signaling continued caution regarding interest rate cuts.

To hear the big bosses at Exxon Mobil and Chevron, the end of the Iran war won't bring an immediate major drop in oil prices, much less gasoline prices. Worse, it's not clear to Exxon's Darren Woods and Chevron's Mike Wirth are how fast the disruptions in the Persian Gulf can be unwound and traffic ...