US stocks rise and oil prices slip
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ConocoPhillips is poised for growth amid rising oil prices with strong Q1 earnings and potential outperformance of major rivals. Learn more about COP stock here.
NEW YORK (AP) — Some calm is returning to Wall Street, and U.S. stocks are rising on Monday, while oil prices are giving back some of their initial spurts following Israel’s attack on Iranian nuclear and military targets at the end of last week.
Analysts say U.S. oil stocks like TTI, PED, and EONR could gain as rising geopolitical risks drive crude prices and supply concerns.
22hon MSN
Crude oil prices rose for the second consecutive day, with Brent nearing $75 and WTI over $74 amid Middle East tensions. This surge may negatively impact Indian stocks, but benefit upstream firms like ONGC and Oil India,
Beyond the oil coming from Iran, analysts also points to potential for disruptions in the Strait of Hormuz, a relatively narrow waterway off Iran’s coast