Monday, May 11, 2026
RBC: Iran conflict could prolong ‘well into spring’, pushing oil above 2022 highs- oil and gas 360

RBC: Iran conflict could prolong ‘well into spring’, pushing oil above 2022 highs

(Investing) – The war between Iran and the United States could last far longer than policymakers anticipated, raising the likelihood of oil prices breaking past previous crisis peaks, according to RBC Capital. Helima Croft, RBC’s head of global commodity strategy, wrote that conversations in Washington have prompted the bank to revise its expectations for both the duration of the conflict

Brent crude passes $80 on expected Israeli attack on Iran- oil and gas 360

Brent crude passes $80 on expected Israeli attack on Iran

(Oil Price) – Brent crude on Monday was up nearly 3%, breaking past the $80 threshold as markets attempted to cautiously price in a potential supply disruption should Israel attack Iran’s oil and gas facilities. On Monday at 11:43 a.m. ET, Brent crude was trading up 2.86% at $80.28, for a gain of $2.23 on the day, while the U.S. benchmark,

When the stock market is this overvalued, it is usually lower 12 months later-oil and gas 360

When the stock market is this overvalued, it is usually lower 12 months later

CNBC The stock market could be in trouble after its historic surge from the late-March lows as valuations become increasingly elevated, data compiled by RBC Capital Markets showed. The S&P 500′s trailing price-earnings ratio, a widely used valuation metric, is currently sitting at 21.61. That’s near the highs seen in early 2020, when the broader market index was trading at an

Saudi Arabia’s latest oil production cuts show it is back in ‘whatever it takes’ mode, strategist says- oil and gas 360

Saudi Arabia’s latest oil production cuts show it is back in ‘whatever it takes’ mode, strategist says

CNBC Voluntary production cuts by OPEC members show that oil producing countries are doing what they can to stabilize the market during the ongoing coronavirus outbreak, one strategist told CNBC this week. Saudi Arabia on Monday said it will reduce output by an additional 1 million barrels per day from June 1, in a bid to support oil prices. Following the kingdom’s announcement, the UAE and Kuwait

Magellan Midstream Prices $500 Million Debt Offering Due 2050 - Oil & Gas 360

Magellan Midstream Prices $500 Million Debt Offering Due 2050

By Tyler Losier, Energy Reporter, Oil & Gas 360 Magellan Midstream prices $500 million of its 3.950% senior notes due 2050 Magellan Midstream Partners LP (stock ticker: MMP), based out of Tulsa, Oklahoma, has priced $500 million of its 3.950% senior notes due 2050 at 99.910% of par to yield 3.955% to maturity. Proceeds from the offering, after deducting underwriting

TC Energy Secures $1.15 Billion from Sale of 56 Mile Pipeline - Oil & Gas 360

TC Energy Secures $1.15 Billion from Sale of 56 Mile Pipeline

By Tyler Losier, Energy Reporter, Oil & Gas 360   85% interest expected to gross $1.15 billion TC Energy Corporation (stock ticker: TRP) has entered into an agreement to sell an 85% equity interest in the Northern Courier Pipeline to Edmonton-based Alberta Investment Management Corporation (AIMCo), an investment manager responsible for the investments of 31 pension, endowment and government funds