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December Brent crude futures rose 1.3% to $110.19 a barrel as traders weighed renewed threats to Strait of Hormuz shipping and attacks targeting Saudi Arabia against a recovery in Middle East oil exports.
Stock futures rose Friday as AI-related shares recovered and oil prices fell. The rebound followed Thursday's tech selloff, while investors also looked ahead to next week's earnings season and later U.S. consumer sentiment data.
German Bund yields were little changed at 3.48%, while borrowing costs in more indebted euro-area countries surged as investors sought safe-haven assets amid a rebound in oil prices and persistent fiscal and political uncertainty across Europe. Brent crude rose back above $100 a barrel as Iran intensified attacks on sh
Imperial Ptrl said second-quarter revenue rose to $87.1 million, up 41.2% from Q1 2026 and 140% year over year. Net income was $34.8 million, and six-month net income reached $62.8 million.