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

CRAK

Rising oil prices, driven by Middle East conflict and the Strait of Hormuz closure, have pushed U.S. yields to multi-decade highs, raising inflation concerns. This has led to a decline in major U.S. stock indices as investors seek safer assets. The Federal Reserve faces challenges in cutting rates due to persistent inflation, with markets anticipating a potential rate hike by year-end.

Occidental Petroleum

VanEck Oil Services ETF

SPDR Energy Select

VanEck Oil Refiners ETF

iShares US Oil Equip & Svcs

Pro Ultr Bloomberg Crude Oil

Us Brent Oil

iShares US Oil & Gas Expl & Prod

SPDR O&G Ex & Prd

SPDR O&G Equip

ISHRS S&P Glb Engy

VG Energy

United States Oil Fund LP

Oil shock drives US yields to multi-decade highs

WTI crude oil, spot gold, and the U.S. Dollar Index (DXY) experienced slight fluctuations. According to Jin10, U.S. President Donald Trump announced plans to swiftly end the ongoing war.

CoinLive

Newmont

Kinross Gold

Agnico Eagle Mines

Gold.com

Wtree Bbg Usd Bull

Direxion Daily Gold Miners Bull 2X

Sprott GLD Miners Etf

SPDR S&P Mtls & Mng

VanEck Gold Miners ETF

Direxion Daily Jr Gold Miners Bull 2X

Roundhill Gold Miners Weeklypay ETF

GLOBAL X Gold Explorers

Sprott JR Gold Miners ETF

SPDR Gold Shares

iShares Gold Trust

YieldMax Gold Miners Opt Inc Strgy ETF

PRECIOUS METALS | WTI Crude, Gold, and USD Index Show Minor Movements as Trump Announces War's End

Brent crude prices remained stable at around $111 per barrel amid President Trump's renewed threats of military action against Iran. His comments followed a canceled attack due to Gulf allies' appeals, raising concerns over the ongoing Middle East conflict and its impact on oil prices. The situation has kept the Strait of Hormuz largely closed to shipping, prompting NATO to consider escorting vessels if the blockage continues beyond early July.

Trading Economics

Brent Holds Firm on Fresh Trump Threats

Wall Street's main indexes closed lower on Tuesday, with the Nasdaq leading declines. This drop followed a rise in the 10-year Treasury yield to its highest level in over a year, driven by inflation concerns and elevated oil prices, alongside investor anxiety regarding the lack of a peace agreement between the U.S. and Iran.

Pro K1 Free Crude Oil

Wall St ends lower as inflation worries push up yields

Chevron and Motiva Enterprises have cut deliveries of Group III and II base oils to minimum contractual levels due to supply disruptions caused by the ongoing Iran war. This unusual reduction has led to record high prices for Group III oils, with the US relying on the Middle East for 44% of its supply. The situation worsened after Iranian attacks damaged a major supplier's facility in Qatar.

fidelity

Chevron

Shell

Shell PLC

Market Chatter: Chevron, Motiva Cut Motor Oil Feedstock Deliveries as Iran War Disrupts Market

The cost of oil changes in the U.S. is set to rise to $100-$120 due to increasing motor oil prices, influenced by geopolitical tensions and supply chain issues. As summer travel approaches, drivers face higher maintenance costs alongside rising gas prices, which average $4.53 per gallon. The automotive maintenance industry, which saw $73 billion in spending in 2024, is passing these costs onto consumers, leading to potential delays in routine maintenance and increased risk of major repairs.

MorningStar

Us Gasoline

Exxon Mobil

Phillips 66

Buckle up for $120 oil changes. Why car care is about to get more expensive.

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.

US waives Russian oil sanctions amid record gas prices

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.

Businesstimes News

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.

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