Crude oil prices jump and stocks sink
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Asian shares are mixed and oil prices have climbed further as escalating Iran-Israel tensions threaten to disrupt supplies of crude. Chinese economic data in May showed stronger consumer spending
Oil stocks have been longtime favorites for investors seeking income. With lower oil prices causing many oil stocks to decline in recent months, their dividend yields have risen. A user on Reddit recently asked which oil stocks with attractive dividends are the best picks right now.
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,
Oil prices are leaping, and stocks are falling on worries that escalating violence following Israel’s attack on Iranian nuclear and military targets could damage the flow of crude around the
Oil prices are leaping, and stocks are falling on worries that Israel’s attack on Iranian nuclear and military targets could escalate further and damage the flow of crude around the world, along with