OFS Stocks Suffer Even as the Iran War Drives Oil Prices Higher
Since February 27, US oil prices are up nearly 50%. ConocoPhillips, Chevron, and ExxonMobil stock are all up. OFS? Not so much. ConocoPhillips stock is
March 15, 2026
Since February 27, US oil prices are up nearly 50%. ConocoPhillips, Chevron, and ExxonMobil stock are all up. OFS? Not so much. ConocoPhillips stock is
84% of the world’s population lives in net oil-importing countries. And 84% of this group is in Asia and Africa. Of the world’s 8.3 billion
I spoke with the New York Post on Monday about future paths in the war with Iran. We started with the question everyone wants to
China watched oil prices spike over 50% this week. This is exactly what they’ve been preparing for. The chart below shows how China’s energy mix
Qatar shut down its entire gas liquefaction operation. That’s 20% of global LNG offline, which has real impact for US producers. According to Reuters, Qatar
Oil prices for near-term delivery are up $10 from a month ago. For crude producers, that math is worth billions. We covered oil futures curves
