Today: 1 July 2026
Browse Category

NYSE:USL 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

New York, Jan 15, 2026, 07:49 ET — Premarket Crude oil prices tumbled more than 3% on Thursday after U.S. President Donald Trump said killings in Iran’s crackdown on protests were stopping, easing fears of a supply shock. Brent was down $2.19 at $64.33 a barrel and U.S. West Texas Intermediate fell $2.06 to $59.96, while Saxo Bank’s Ole Hansen said “the immediate risk premium has softened but is unlikely to go away.”

Stock Market Today

  • 5 P&C Insurers Seen Growing as Sector Shifts Toward Digital, Gains Exposure
    July 1, 2026, 3:13 PM EDT. Property and Casualty (P&C) insurers are facing softer pricing, but prudent underwriting, exposure growth, and more digitalization are helping the industry. The Hanover Insurance Group, Essent Group, Mercury General, Selective Insurance Group, and Skyward Specialty are among names set for growth. Tariff issues, inflation, and a still-busy catastrophe market are weighing, but may push renewal rates. The Fed's steady interest rates and possible future cuts, plus investment portfolios focused on fixed-income maturity, are keeping investment income strong. Fitch Ratings notes a steadier personal auto insurance market, with better surplus and economic activity improving dealmaking conditions. Adaptation to new technology and more insurtech are driving operational gains in the sector.
Go toTop