BUZZ—Limited progress in US-Iran negotiations, US energy stocks rise
路透社2026/09/24 12:31September 24 - ** Driven by rising oil prices, shares of energy companies listed in the US rose in pre-market trading O/R
** Brent crude oil futures LCOc1 rose 1.8% to $104.8 per barrel; US West Texas Intermediate crude oil CLc1 rose 1.6% to $93.6 per barrel
** Oil prices increased (link) as diplomatic negotiations between the US and Iran showed no significant progress, while investors focused on uncertainties regarding a potential US ban on diesel exports
** Major oil giants Exxon Mobil XOM.N and Chevron CVX.N both rose about 1%
** APA Corporation APA.O rose 1.4%, Occidental Petroleum OXY.N and Diamondback Energy FANG.O rose 1.3% respectively
** Oilfield service providers Halliburton HAL.N and SLB SLB.N both rose about 1%
** Refinery stocks also performed well, with Marathon Petroleum MPC.N and Phillips 66 PSX.N both rising 1.1%
(To facilitate non-English speakers, Reuters has automatically translated its reports into several other languages. Due to possible errors or insufficient context in automated translation, Reuters does not guarantee the accuracy of the automated translation and provides it solely for readers’ convenience. Reuters assumes no responsibility for any damage or loss caused by the use of automated translation functions.)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Canton Network breaks 2 month range! – CC’s run to $0.15 depends on THIS zone
Analysis: Wall Street Is Not Yet Ready to Short AI in Large Numbers
Overseas capital is aggressively buying US stocks! Net inflows reached $942 billions over the past 12 months, marking a record since 1985.
According to data from the US Department of the Treasury, in the 12 months ending July this year, overseas investors made net purchases of US stocks totaling $942 billion, marking the highest rolling 12-month total since records began in 1985. The net purchases in the second quarter alone reached $426 billion, setting a new single-quarter record. Meanwhile, overseas demand for US Treasuries has noticeably cooled, with purchase volumes falling significantly. As a result, the US is facing higher costs in government debt financing.
Crypto prices
More
