Today: 22 March 2026
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Oil Prices 1 March 2026 - 2 March 2026

Dow Jones today: Index pares early slide as oil jumps on Middle East conflict

Dow Jones today: Index pares early slide as oil jumps on Middle East conflict

The Dow Jones Industrial Average slipped 0.14% to 48,907.26 by midday Monday as oil prices surged over 5% amid Middle East conflict, raising inflation concerns. Early losses were driven by declines in Sherwin-Williams and 3M. The ISM manufacturing PMI eased, but factory input prices hit a 3.5-year high. BlackRock’s consortium agreed to buy AES for $33.4 billion including debt.
2 March 2026
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Goldman Sachs stock rebounds in New York trade, but oil shock keeps Wall Street on edge

Goldman Sachs stock rebounds in New York trade, but oil shock keeps Wall Street on edge

Goldman Sachs shares rose 1% to $863.84 Monday morning, rebounding after last week’s drop even as broader markets fell on Middle East conflict fears and an oil price surge. The bank traded ex-dividend, with a $4.50 payout due March 30. Goldman reported fourth-quarter private credit redemptions of 3.5%, below peers. Bank of America and Citigroup shares traded lower.
2 March 2026
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Sasol share price jumps as oil spike shakes markets — what JSE investors watch next

Sasol share price jumps as oil spike shakes markets — what JSE investors watch next

Sasol shares jumped 5.6% in Johannesburg on Monday, following a 16% surge Friday, as Brent crude hit a 13-month high amid the Iran conflict. The stock reached a 52-week high of 163.55 rand before easing. The rand weakened 1.4% against the dollar. An arbitrator ruled against Sasol in an ethylene pricing dispute with KAP’s Safripol unit, with Sasol considering a court review.
2 March 2026
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Battalion Oil stock jumps 70% premarket as Iran conflict jolts crude prices

Battalion Oil stock jumps 70% premarket as Iran conflict jolts crude prices

Battalion Oil shares surged about 72% to $9.49 in premarket trading Monday after oil prices spiked on U.S.-Israeli strikes against Iran and shipping disruptions in the Strait of Hormuz. Brent crude rose as much as 13% before easing. BATL had closed at $5.52 on Friday. Traders are monitoring crude prices and a March 5 insurance deadline affecting Gulf shipping.
2 March 2026
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Occidental Petroleum stock price jumps in premarket as oil surges — what traders watch next

Occidental Petroleum stock price jumps in premarket as oil surges — what traders watch next

Occidental Petroleum shares rose 6.4% to $56.50 in premarket trading Monday as crude prices spiked after attacks disrupted shipping through the Strait of Hormuz. Brent crude climbed 8% to $78.87 a barrel. Berkshire Hathaway reported a $4.5 billion writedown on its 26.9% Occidental stake but said it would not sell. Investors are watching a March 4 early tender deadline in Occidental’s $700 million cash tender offer for select notes.
2 March 2026
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Chevron stock jumps in premarket as oil spikes on Hormuz disruption, Middle East strikes

Chevron stock jumps in premarket as oil spikes on Hormuz disruption, Middle East strikes

Chevron shares rose about 4% in U.S. premarket trading Monday after drone strikes shut Saudi Aramco’s Ras Tanura refinery and halted Chevron’s Leviathan gas field in Israel. Brent crude spiked as much as 13% before easing. Attacks disrupted shipping near the Strait of Hormuz, raising supply fears. OPEC+ plans a modest output increase from April.
2 March 2026
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IAG share price slides as oil jumps and British Airways cancels Middle East flights

IAG share price slides as oil jumps and British Airways cancels Middle East flights

IAG shares fell 6.8% to 395 pence Monday as travel stocks dropped on surging oil prices and Middle East disruption. British Airways canceled several Middle East flights and offered rebooking or refunds. IAG’s €500 million share buyback begins Monday and runs through May 29. About 14.4 million IAG shares traded as the STOXX 600 lost 1.8% and oil jumped up to 13%.
2 March 2026
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Shell share price in focus as oil jumps on Hormuz disruption ahead of London open

Shell share price in focus as oil jumps on Hormuz disruption ahead of London open

Shell shares closed Friday at 3,073.5 pence, up 1.6% and near a 52-week high, ahead of Monday’s London open. Brent crude surged up to 13% after attacks disrupted shipping in the Strait of Hormuz, with over 200 vessels anchored outside the route. OPEC+ agreed to raise April output by 206,000 bpd, but analysts say prices hinge on Gulf developments and shipping flows. FTSE futures fell 0.6% in early trading.
2 March 2026
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Qantas share price slides on Iran conflict and oil spike — what investors watch next

Qantas share price slides on Iran conflict and oil spike — what investors watch next

Qantas shares closed down 5.4% at A$9.41 after Brent crude surged up to 13% in early Asian trade amid fears of wider U.S.-Iran conflict. Airline stocks across the region fell as Middle East airspace closures forced rerouting and cancellations. Qantas will trade ex-dividend on March 10, with payment due April 15. The S&P/ASX 200 ended up 0.03%, led by energy and gold stocks.
2 March 2026
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Oil prices brace for a volatile week after Iran strikes: Hormuz disruption and OPEC+ output move in focus

Oil prices brace for a volatile week after Iran strikes: Hormuz disruption and OPEC+ output move in focus

OPEC+ agreed to raise oil output by 206,000 barrels per day as tanker operators paused or rerouted shipments after Iran warned the Strait of Hormuz was closed. Major Japanese shipping lines halted transits in the area. Oil markets are closed until Monday, when traders expect sharp price moves. No confirmed damage to infrastructure, but tanker rates have surged.
1 March 2026
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Before Wall Street opens Monday: Iran strikes, oil-supply fears and the U.S. jobs report

Before Wall Street opens Monday: Iran strikes, oil-supply fears and the U.S. jobs report

Wall Street closed out February with the Dow down 1.05%, S&P 500 off 0.43%, and Nasdaq down 0.92%, marking their steepest monthly drops since March 2025. Oil shipments through the Strait of Hormuz stalled after U.S.-Israel strikes killed Iran’s Supreme Leader, prompting Iranian missile retaliation. OPEC+ agreed in principle to raise output by 206,000 barrels per day, but traders remain focused on supply risks.
1 March 2026
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Stock Market Today

  • Casella Waste Systems Faces Share Price Pressure Amid Valuation Debate
    March 22, 2026, 7:23 AM EDT. Casella Waste Systems (CWST) has seen its stock slide with a 30-day return down 18.59% and a 1-year total loss nearing 30%. Despite generating US$1.84 billion in revenue, investors question if current prices reflect growth prospects. The stock trades at US$77.71, about 31.5% below a $113.50 fair value estimate based on operational efficiencies and infrastructure investments expected to boost margins by 2026. However, challenges like acquisition integration and rising costs could weigh on profits. Price-to-sales (P/S) multiples currently stand at 2.7x, above industry peers, hinting the market prices in risks. The contrasting signals prompt debate on whether the recent pullback presents buying opportunities or signals deeper concerns about future growth potential.
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