Crude Oil Jan 26 (CLF26.NYM)
| Pre. Settlement | N/A |
| Settlement date | 2025-12-19 |
| Open | 73.23 |
| Bid | 72.48 |
| Last price | 72.80 |
| Day's range | 73.23 - 73.23 |
| Volume | |
| Ask | 73.50 |
- Yahoo Finance Video
Energy: Exxon, Chevron drag sector amid geopolitical risks
The energy sector (XLE) is underperforming in Friday's trading session, following disappointing results from industry leaders Exxon Mobil (XOM) and Chevron (CVX). S&P Global Vice Chairman Daniel Yergin joined Yahoo Finance to discuss the geopolitical risks looming over the oil market. Yergin acknowledges that the current calm within the oil market will "entirely depend" on exogenous events. He notes that oil prices have reverted to levels pre tensions between Iran and Israel, which initially caused a slight uptick: "There's been a tug-of-war between geopolitics and the fundamentals of supply and demand," Yergin says. "In terms of the oil industry, they're commercial animals," Yergin tells Yahoo Finance, adding, "Their incentive is to produce as much as they can." However, he cautions that concerns about future production softening persist within the industry. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Angel Smith
- Yahoo Finance Video
What Exxon, Chevron Q1 earnings mean for the energy sector
Energy giants Exxon Mobil (XOM) and Chevron (CVX) are experiencing divergent stock performance following the release of their respective first quarter earnings reports today. Both companies faced headwinds from lower national gas prices and narrowing refining margins, which put pressure on their first quarter profits. However, Chevron managed to surpass expectations on adjusted earnings per share. Yahoo Finance's Jared Blikre and Julie Hyman discuss each company's first quarter earnings report, providing insights into how their financial performance is impacting share prices. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Angel Smith
- Yahoo Finance Video
Oil, Gold, Cocoa prices are sliding: Commodities check
Cocoa futures (CC=F) are declining sharply Tuesday morning, having its worst two-day slump since February. Cocoa prices surged in 2024 after inclement weather disrupted cocoa harvests at the beginning of the year. Crude oil (BZ=F, CL=F) is moving lower as geopolitical tensions in the Middle East are slightly easing, while gold (GC=F) is also moving off of its high seen earlier this month. Yahoo Finance Senior Markets Reporter Jared Blikre breaks down the latest price actions rippling across commodities. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Nicholas Jacobino
