Harvest S&P Oil & Gas Exploration & Production Select Industry ETF(QDII)

Chevron and Motiva limit key motor oil raw material deliveries

ConocoPhillips: Iran Conflict Disrupts LNG Supply, Qatar Joint Venture Delay Limited to Months

FactSet Survey: 26 Analysts Raise ConocoPhillips 2026 EPS Median Estimate to $9.43

Glenfarne and ConocoPhillips Sign Precedent Agreement for North Slope Gas Sales in Alaska LNG Project

Jefferies and others reaffirm or initiate Buy ratings on Devon Energy with $63 target price

Exxon Mobil Options Surge on May 15, Call Ratio Hits 77%

Devon Energy Exec Adam M. Vela Sells 24,342 Shares at $47.21 Per Share

ExxonMobil dismisses ISS objections to Texas relocation as irrelevant and questions independence

FactSet Survey Shows Analysts Raise DVN 2026 EPS Median Estimate to $5.44

White House Considers Pausing Federal Gas Tax Amid Rising Oil Prices

Innovation Energy Holdings to Acquire Chevron's Singapore SRC Refinery Shares and Other Regional Assets for $2.17B

US Upstream Oil and Gas M&A Reaches New High, Mitsubishi Acquires Aethon Energy for $7.6B

Devon Energy's EVP Jeffrey Ritenour Sells Company Stocks

ExxonMobil Reports Atmospheric Pollution Leak at Beaumont Refinery in Texas

ADL and JLens urge Chevron shareholders to oppose Proposal 6

QatarEnergy and Others Sign MOU with Syria to Assess Potential of Block 3

ISS advises ExxonMobil shareholders to oppose the company's relocation proposal

Bernstein Downgrades ExxonMobil's Target Price to $182

Syria Picks Offshore Site for Chevron and Qatari UCC Holding's First Deepwater Exploration Project

The U.S. has waived sanctions on Russian oil to address supply disruptions caused by the closure of the Strait of Hormuz. Gas prices have surged to over $4.50 per gallon, a nearly 60% increase since 2026, costing consumers an additional $45 billion. The ongoing Iran war has reduced global oil flows by 20%, leading to price spikes and economic challenges worldwide.

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United States Oil Fund LP

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US waives Russian oil sanctions amid record gas prices

Venture Global CFO Jonathan W. Thayer disposed of shares worth $3.16 million by exercising stock options to acquire 222,222 shares at $1.16 and selling them at weighted average prices between $14.20 and $14.59 on May 18-19. He reported owning 18,934,990 stock options after these transactions.

PUBT

Venture Global

Venture Global CFO Jonathan W. Thayer disposes of shares worth $3.16 million

Oil prices fell on May 19 after VP JD Vance announced progress in US-Iran talks, reducing military tensions. Brent crude settled at $111.28, down 0.73%, while WTI dropped to $107.77, down 0.82%. Despite the decline, prices remain high due to ongoing supply disruptions and geopolitical tensions in the Middle East. Chinese refiners have cut oil processing amid the conflict, and US crude stocks are expected to show a significant decrease. The situation remains volatile as negotiations continue.

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Thomson Reuters

Oil prices settle down after Vance cites progress in Iran talks

President Trump held a national security meeting on Iran war plans after pausing strikes, influenced by Gulf leaders' concerns over potential Iranian retaliation against oil facilities. The meeting included senior officials discussing military options and diplomatic efforts. While Trump has not made a firm decision to strike, he has set a two to three-day window for negotiations, with uncertainty about future actions if no progress is made.

Investinglive

War ICYMI - Trump briefed on Iran strike options after pausing attack, officials say

NVDA

Wall Street's rally has stalled as major indexes fell for a second consecutive day, driven by profit-taking after a recent AI-led surge. The 10-year Treasury yield reached 4.66%, the highest in 15 months, amid rising oil prices linked to uncertainties in the Iran conflict. The semiconductor sector faced pressure, with Nvidia declining ahead of earnings and analysts cautioning about a potential 40% correction risk.

- Major stock indexes fell for the second consecutive day as investors took profits following a significant AI-driven rally since late March.  
- The 10-year Treasury yield rose to 4.66%, the highest level in 15 months, influenced by high oil prices amid uncertainties related to the Iran conflict.  
- Semiconductor stocks faced challenges, with Nvidia declining ahead of earnings reports, as analysts indicated a potential 40% correction risk in the sector.

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NVIDIA Corporation

Rising yields and oil prices rattle Wall Street rally

NATO is considering a strategic shift to assist ships in the blocked Strait of Hormuz, potentially impacting its stance on the U.S.-Israeli conflict with Iran. This move raises concerns over global oil supply and security, amid heightened tensions and ongoing diplomatic efforts to resolve the blockade. The situation could lead to increased NATO involvement in Middle Eastern affairs.

CoinLive

NATO Considers Strategic Shift in Response to Strait of Hormuz Blockage

The US Senate voted 50-47 to advance a War Powers Resolution requiring Congressional approval for military strikes on Iran. Four Republican senators supported the measure, indicating cracks in party unity. While the resolution faces a likely presidential veto, it highlights Congressional concerns over military actions, potentially impacting geopolitical risk and oil prices.

US Senate advances war powers vote to curb Iran strikes without Congress (doesn't matter)

Occidental Petroleum (NYSE:OXY) has outperformed the market by 7.15% annually over the past 5 years, yielding an average return of 19.0%. With a market cap of $60.34 billion, a $100 investment in OXY 5 years ago would now be worth $241.64, highlighting the impact of compounded returns on investment growth.

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OCCIDENTAL PETROLEUM CORP C/W 03/08/27(OCCIDENTAL P)USD22

Here's How Much You Would Have Made Owning Occidental Petroleum Stock In The Last 5 Years

ECB Governing Council member Martin Kocher warns that a rate hike in June is unavoidable if the Hormuz Strait remains closed due to ongoing Middle East conflict, which could push eurozone inflation higher. He emphasized that the ECB's goal is medium-term price stability and that the duration of the conflict will significantly impact inflation predictions. Despite weak data, Kocher noted the Austrian economy's resilience and potential growth of 0.5% this year, contingent on the conflict's duration.

- ECB Governing Council member Martin Koch indicated that if the Strait of Hormuz remains closed and Middle Eastern conflicts persist, a rate hike on June 11 is unavoidable.  
- Koch emphasized the central bank's focus on mid-term price stability, warning that prolonged conflict could lead to higher inflation rates.  
- He noted that Austria's economy showed resilience in Q1, and growth could still reach 0.5% this year if tensions ease; however, external supply shocks limit government options.

ECB's Kocher warns June rate hike unavoidable if Hormuz stays shut

Harvest S&P Oil & Gas Exploration & Production Select Industry ETF(QDII)(159518.SZ)