1 BMO: North American #futures are pointing a touch higher following broad gains overseas. And, while some #energy #prices are slipping this morning, #WTI is not one of them, nearing $113/bbl. 🧵 #markets

Yahoo Finance | Why ExxonMobil Stock Soared More Than 11% in March

ExxonMobil (XOM) saw its stock price jump 11.3% in March, driven largely by a sharp rise in crude oil prices. Global benchmark Brent crude surged 43% to nearly $104 per barrel, its best monthly gain since May 2020, while U.S. WTI crude climbed 51% over the same period. The price spike followed U.S. and Israeli military actions against Iran, which disrupted oil flows through the Strait of Hormuz and damaged energy infrastructure, including LNG facilities in Qatar co-owned by Exxon and QatarEnergy.

Beyond higher oil prices, ExxonMobil benefited from strategic developments in March. The company expressed interest in returning to Venezuela under favorable terms, citing its improved expertise in heavy oil operations. Additionally, Exxon and QatarEnergy completed the first LNG train at their Golden Pass project in Texas, which will eventually produce 18 million tonnes per annum of LNG—timely given Iran’s disruption of Qatar’s LNG exports.

Despite the stock’s strong performance, ExxonMobil remains an attractive investment due to untapped upside. The company has underperformed relative to crude oil gains, suggesting further potential if prices stay elevated. Structural cost reductions and high-margin investments position Exxon to profit significantly in a high-price environment. While not among the Motley Fool Stock Advisor’s current top 10 picks, the stock is still considered compelling for long-term growth.

Read more: https://finance.yahoo.com/sectors/energy/articles/why-exxonmobil-stock-soared-more-210500593.html

#exxonmobil #xom #brent #wti #iran

Why ExxonMobil Stock Soared More Than 11% in March

Oil prices skyrocketed last month.

Yahoo Finance

WTI oil just caught up with Brent oil — something that doesn’t happen often.

After Trump’s statement about US oil supply, prices reacted fast.
WTI moved above 111 while Brent stayed lower.

This may not be just volatility.
It could signal a shift in how markets see global supply.

Full story:
https://metaadvisor.eu/news/wti-catches-brent-american-oil-key-story/

#WTI #Brent #Oil #Energy #Geopolitics

This content is for informational purposes only and does not constitute financial or investment advice.

South Korean markets tumbled on April 3 with KOSPI falling 244 points to 5,234 and won weakening to 1,510 per dollar, while WTI crude surged $11 to $111 amid global volatility. Deputy Prime Minister scheduled multiple economic meetings and Middle East diplomatic engagement.
#YonhapInfomax #KOSPI #USDKRW #WTI #DeputyPrimeMinister #BondIssuance #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=113592
[Today's Bond and Foreign Exchange Memo](April 3)

South Korean markets tumbled on April 3 with KOSPI falling 244 points to 5,234 and won weakening to 1,510 per dollar, while WTI crude surged $11 to $111 amid global volatility. Deputy Prime Minister scheduled multiple economic meetings and Middle East diplomatic engagement.

Yonhap Infomax
イラン情勢“短期収束”で日経平均「年末6万円」がメインシナリオ!?日本株の行方と注目業種をプロ5人が徹底予測 | Diamond マーケットラボ | ダイヤモンド・オンライン https://www.yayafa.com/2769469/ #BreakingNews #Iran #NYダウ #WTI #イラン #イラン攻撃 #トランプ演説 #ホルムズ海峡 #中期収束 #中東情勢 #停戦協議 #原油高 #日経平均株価 #株価見通し #注目業種 #短期収束 #速報ニュース #長期化リスク #防衛関連株
Avec un baril de #WTI au-dessus de 112 dollars, l’inflation aux #États-Unis pourrait dépasser 3,5 %, en particulier si ces niveaux de prix se maintiennent jusqu’au mois d’avril. 🎥 #KobeissiLetter

At the April 2 open: S&P –1.4% to ~6,484. Nasdaq –1.6%. Dow –546pts. WTI crude +10% to above $111 — the war trade is fully back. $TSLA –4% on 358K Q1 deliveries vs 365K consensus, and energy storage collapsed 38% to 8.8 GWh. $OWL –9% as private credit stress widens. $APA +4%, $FANG, $DVN, $XOM, $CVX all +3% as energy leads. Markets close 1 PM ET.

🔗 https://premarketdaily.com/opening-bell-april-2-2026-tsla-sinks-4-on-delivery-miss-as-sp-500-slides-1-4-on-trumps-iran-escalation/

#OpeningBell #SP500 #TSLA #Tesla #WTI #IranWar #EnergyStocks #OpeningBell #TrumpIran

Opening bell, April 2, 2026: TSLA sinks ~4% on delivery miss as S&P 500 slides 1.4% on Trump’s Iran escalation

U.S. equities opened sharply lower on Thursday, April 2, 2026, with the S&P 500 falling to approximately 6,484, down 1.4% from its prior close, and the Nasdaq Composite opening at 21,742.79 as President Trump's Wednesday-night address signalled an intensification of the Iran conf

PreMarketDaily

@wdlindsy

The surprising part of the oil price surge is that #WTI (West Texas Intermediate) crude is now more expensive than European and Middle East (#Brent) crude.

Americans pay the price for #Trump 's adventure in #Iran

@brunojnavarro.bsky.social

Oil traders punish #Trump for promoting American (West Texas Intermediate) #WTI crude. Since his speech, it's up 12%, now higher than #Brent.

Americn drivers will get another big surprise at the pump.