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TSX:7201 7 May 2026 - 2 July 2026

Motor-oil supplies tighten, raising risk of pricier oil changes
Oil Drops Below $100 as Trump-Iran Deal Hopes Put Strait of Hormuz Back in Play

Oil Drops Below $100 as Trump-Iran Deal Hopes Put Strait of Hormuz Back in Play

Oil slid under $100 a barrel Thursday, with traders wagering a partial U.S.-Iran agreement might loosen up the Strait of Hormuz and take some pressure off supply risks tied to the Middle East conflict. Brent crude shed $1.95, down 1.93%, landing at $99.32 as of 0912 GMT. U.S. West Texas Intermediate lost $1.93, settling at $93.15. Both benchmarks had plunged over 7% on Wednesday.
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Today’s highest-ranked model selections.

#1 STRONG BUY

AerCap

NYSE: AER 95 / 100
#2 BUY

Constellation Energy

NASDAQ: CEG 94 / 100
#3 BUY ON PULLBACK

Cheniere Energy

NYSE: LNG 92 / 100
#4 BUY

Walt Disney

NYSE: DIS 90 / 100
#5 ACCUMULATE

AIG

NYSE: AIG 88 / 100
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Editorial model selection. Not personalised advice.