Oil Prices Approach $100 Again: Reassessing Sensitivity

Key View: Integrated oil companies offer relative value, particularly those with strong refining leverage. Despite a significant rise in refining margins, the stock performance of integrated oil companies has not fully kept pace with that of pure-play refiners. Morgan Stanley believes that North American integrated oil companies such as Exxon Mobil (XOM), Suncor Energy (SU), and Cenovus Energy (CVE) present attractive relative value. Additionally, Chevron (CVX) demonstrates strong operational momentum in the second half of 2026. Oil exploration and production companies (E&P

CSOPSep 5 12:22

Express News | Iranian media: An Iranian oil tanker near Kharg Island was hit by a missile attack

According to Iran's SNN news agency, an Iranian oil tanker near Kharg Island was struck by a missile, with no casualties reported so far.

BreakingsSep 5 14:56

Bessent: Oil prices to fall to $40 after Iran conflict ends, with bond yields declining accordingly

U.S. Treasury Secretary Bessent predicts that the global oil market will face a severe oversupply once the conflict in Iran ends, potentially driving oil prices down to $40–$50 per barrel and leading to a concurrent decline in bond yields and inflation. He noted that the correlation between current oil prices and interest rates has reached a record high.

wallstreetcnSep 5 05:58

Citadel Sets Sights on U.S. Shale Oil Assets! Previously Bid for WildFire, Ultimately Outmaneuvered by $4 Billion Deal

Citadel is targeting U.S. shale oil assets and has recently engaged with multiple private equity firms to pursue acquisitions. It had previously bid for WildFire Energy, but the asset was ultimately acquired by Magnolia Oil & Gas for approximately $4.06 billion. This reflects an accelerating trend among hedge funds and commodity traders to build positions in physical energy assets, leveraging production capacity to hedge against oil price volatility and geopolitical risks, while further expanding their physical asset exposure within commodity trading operations.

wallstreetcnSep 5 02:05

Seaport Global Initiates Coverage On Devon Energy With Buy Rating, Announces Price Target of $65

Seaport Global analyst Vin Lovaglio initiates coverage on Devon Energy (NYSE:DVN) with a Buy rating and announces Price Target of $65.

BenzingaSep 3 17:37

Magnolia Oil & Gas (MGY) Receives a Hold From Wells Fargo

TipRanksSep 2 18:35