Valero Port Arthur Refinery Explosion Report Spurs Emergency Response — Why VLO Is Suddenly in Focus

Late Monday, emergency crews headed to Valero Energy’s Port Arthur refinery after area residents reported hearing a loud boom. Videos from the scene captured heavy black smoke and flames coming from the facility. The Port Arthur Fire Department acknowledged an incident had occurred but did not specify the nature of the event.

Exxon Mobil stock price: Friday rally sets up Monday test after Iran strikes, OPEC+ meeting

Exxon Mobil stock price: Friday rally sets up Monday test after Iran strikes, OPEC+ meeting

Energy markets braced for a choppy start after strikes by the U.S. and Israel on Iran rattled nerves over potential Middle East supply shocks. Exxon Mobil finished Friday’s session at $152.50, up $3.96, or 2.7%. “The strike raises geopolitical risk premia as markets head into Monday’s open,” said OCBC strategist Christopher Wong in Singapore.
Oil stocks brace for OPEC+ April output decision after Exxon slips, refiners climb

Oil stocks brace for OPEC+ April output decision after Exxon slips, refiners climb

Oil stocks are bracing for another supply shakeup next week, as OPEC+ — that’s the group of OPEC nations and Russia — is said to favor resuming output hikes in April, sources told Reuters. Eight producers from the alliance are set to gather March 1, following a three-month freeze on planned increases.
Oil stocks brace for Tuesday as Brent holds near $64 and tariff jitters cloud demand

Oil stocks brace for Tuesday as Brent holds near $64 and tariff jitters cloud demand

Oil stocks reopened Tuesday with crude clinging near $64 a barrel after supply worries tied to Iran faded and traders shifted focus to the U.S.-Europe spat over Greenland. Brent inched up a penny to $64.14 a barrel, while U.S. West Texas Intermediate added 7 cents, landing at $59.51. “The market is now focusing on the Greenland situation … any trade war expansion could impact demand,” said Janiv Shah, analyst at Rystad Energy. Phil Flynn of Price Futures Group described the scene as a market “locked in by competing bullish and bearish forces” that might push prices into “sideways trade.”
Chevron (CVX) stock slips as oil drops 4% — and a Venezuela license decision is in focus

Chevron (CVX) stock slips as oil drops 4% — and a Venezuela license decision is in focus

Chevron Corp shares slipped roughly 0.6% to $166.16 Thursday as oil prices dropped about 4%, easing concerns over a potential Iran supply disruption. Phil Flynn, senior analyst at Price Futures Group, noted the shift from a “high likelihood … to a low likelihood,” citing how geopolitical tensions quickly cooled following President Donald Trump’s recent comments.
Gasoline price stock UGA climbs premarket as oil rally puts pump prices back in play

Gasoline price stock UGA climbs premarket as oil rally puts pump prices back in play

Shares of United States Gasoline Fund LP ticked up about 1.1% in early trading Tuesday as oil prices surged amid concerns that unrest in Iran could tighten supply. Brent futures climbed $1.20, or 1.9%, to $65.07 a barrel by 1150 GMT. U.S. West Texas Intermediate rose $1.23, roughly 2.1%, hitting $60.73. “The oil market is building in some price protection against geopolitical drivers,” said John Evans, an analyst at PVM Oil Associates.
Crude oil price stock jumps before the open as Venezuela talks and Iran unrest lift oil-linked shares

Crude oil price stock jumps before the open as Venezuela talks and Iran unrest lift oil-linked shares

Oil-linked shares edged up in U.S. premarket trading on Friday, putting the crude-oil theme back on traders’ screens as geopolitical tensions rekindled demand. Chevron rose 2.6% to $159.25, Exxon Mobil climbed 3.7% to $122.91 and ConocoPhillips advanced 5.1% to $98.72; the United States Oil Fund gained about 4.1% to $70.54.

US Stock Market Today Updates

MARKET CALENDAR

Key Events Today

The catalysts most likely to move markets.

#1

Warsh at Jackson Hole

Policy tone can move rates, USD, equities, gold and crypto simultaneously.

#2

Michigan sentiment

A weak final reading or elevated inflation expectations could pressure risk assets.

#3

Chicago PMI

A surprise versus 58.0 may alter the near-term manufacturing-growth narrative.

View full calendar
Times and estimates may change. Verify before trading.