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Stock impact report

Oil Prices Have Spiked More Than 25% Since the Iran Conflict Began, Yet Oil Stocks Have Barely Budged. What's Going on in the Oil Market? [Yahoo! Finance]

ConocoPhillips (COP) 
Last conocophillips earnings: 4/30 07:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
Crude oil prices have gone hyperbolic since the U.S. and Israel launched attacks against Iran earlier this month. Brent, the main global oil benchmark, is up over 25% to more than $93 a barrel since the war began. Meanwhile, WTI, the primary U.S. oil benchmark, has surged 35% to more than $91 per barrel. Typically, surging crude prices would fuel a similar rally in oil stocks . However, that hasn't been the case. Shares of oil giants ConocoPhillips (NYSE: COP) and Chevron (NYSE: CVX) are only up modestly, while ExxonMobil 's (NYSE: XOM) stock has slipped a little. Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue » Here's a look at what's going on in the oil market. Image source: Getty Images. Why have oil prices spiked? Crude prices have surged in the wake of the war with Iran for two reasons. Iran is a ma Show less Read more
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