U.S. crude hovers near three-month high as Middle East conflict rages on
Publishing timestamp: 2024-02-20 12:12:10
Summary
Crude oil futures are near three-month highs due to ongoing conflict in the Middle East. Houthi militants attacked a cargo ship in the Red Sea, highlighting threats to commercial vessels. Various oil companies are in the news for different reasons, including potential takeover targets and earnings reports. Warren Buffett's Berkshire keeps a new stock pick secret, while Michael Burry buys Amazon and Alphabet. Morgan Stanley names three stocks to buy right now.
Sentiment: MIXED
Keywords: wti crude (mar'23), markets, breaking news: markets, oil and gas, ice brent crude (apr'23), investment strategy, business news,
Source: https://www.cnbc.com/2024/02/20/crude-oil-prices-today.html