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NYSE:DBO 15 January 2026

Crude oil price tumbles on Iran de-escalation; USO stock slips before the bell

Crude oil price tumbles on Iran de-escalation; USO stock slips before the bell

Crude oil prices fell over 3% Thursday after President Trump said Iran’s protest crackdown was easing, reducing supply fears. Brent dropped to $64.33 a barrel, U.S. crude to $59.96. U.S. inventories rose by 3.4 million barrels last week, while gasoline stocks jumped 9 million. Tanker shipments hit 1.3 billion barrels, the highest since mid-2020, signaling supply is outpacing demand.

Stock Market Today

  • Smiths Group Shares Fall 6% Despite Strategic Sales and Capital Returns
    March 20, 2026, 7:37 AM EDT. Shares of Smiths Group (LSE:SMIN) dropped 5.9% to 2,222p following mixed half-year results and slightly lowered full-year guidance. The company saw organic revenue growth of 4% and a 7.2% rise in headline operating profit to £248 million, with margins improving 50 basis points to 17.2%. However, statutory profits fell sharply due to one-off charges, causing a 17.4% drop in earnings per share. CEO Roland Carter highlighted the sale of Smiths Detection and Smiths Interconnect as transformational, alongside a £1.5 billion planned shareholder return through 2027. Analysts noted investor disappointment over modest revenue growth and trimmed guidance, despite a 5.4% dividend increase. Long-term outlook remains positive with disposals, acquisitions, and capital returns aiming for mid-term 5-7% organic growth and 21-23% margins, seen as a potential buying opportunity by some market watchers.
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