Oil prices jumped more than 2% on Thursday morning after Iran’s Islamic Revolutionary Guard Corps targeted a U.S. military installation, swiftly reversing a sharp sell-off from the previous session that had been fueled by optimism over a potential diplomatic resolution to the conflict.
Uni-Fuels Holdings (NASDAQ:UFG) raised its full-year revenue guidance after reporting sharp top-line expansion and volume growth for the first quarter of 2026, driven by a broad scale-up in global marine fuel trading and commercial market capture.
Northern Oil and Gas (NYSE:NOG) agreed to acquire an undivided 25% non-operated interest in light oil assets within Alberta’s Duvernay Shale for an initial unadjusted purchase price of CA$350 million (approximately US$259 million), marking the company’s first expansion outside of the United States.
Crude oil prices fluctuated as conflicting political statements clouded the timeline for a resolution over the Strait of Hormuz, offsetting pressure from rapidly depleting global stockpiles.
Borr Drilling (NYSE:BORR) announced its unaudited financial and operational results for the first quarter ended March 31, 2026, revealing a slight sequential softening in current financial performance offset by a substantial structural expansion of its offshore drilling fleet.
Oil prices dropped sharply on Wednesday, recording their largest single-day decline in over a month. The selloff was triggered by comments from President Donald Trump indicating that the United States is close to finalizing a diplomatic agreement with Iran, alongside real-time maritime tracking data showing a tentative resumption of oil tanker traffic through the critical Strait of Hormuz.
PrimeEnergy Resources (NASDAQ:PNGR) reported its financial and operating results for the first quarter ended March 31, 2026, navigating a highly bifurcated commodity environment characterized by expanding localized crude volumes and severe, regional sub-zero natural gas pricing.
Golar LNG (NASDAQ:GLNG) announced a major acceleration in its first-quarter 2026 financial results, highlighted by a multi-fold increase in profitability.
Dorian LPG (NYSELPG), a leading owner and operator of modern very large gas carriers (VLGCs), disclosed its financial results for the fourth quarter and full fiscal year ended March 31, 2026.
Shell (NYSE:SHEL) reported total payments to governments of $23.84 billion for 2025, according to its annual transparency filing released Thursday.
Costamare Bulkers (NYSE:CMDB) reported first-quarter net income of $9.9 million, or $0.41 per share.
TORM (NASDAQ:TRMD) revealed a surge in first-quarter earnings as geopolitical volatility and the closure of the Strait of Hormuz drove global freight rates to record levels.
