The Labor Department reported that the Consumer Price Index rose at an annualized 3.7% pace in September, with a 9.1% monthly jump in gasoline prices accounting for more than half of the 0.6% monthly increase in all prices. The International Energy Agency forecast the energy crunch will likely drag on into the second half of 2027. Meanwhile, US refiners are benefiting from a widened crack spread, and Marathon Petroleum, Valero Energy and Phillips 66 have together added roughly $215 billion in market capitalization since the Iran conflict began. JPMorgan projects Valero could post $8.95 billion in pretax third-quarter earnings, up 50% from the second quarter. However, refiners remain cautious about expanding output, as production takes nine to 12 months to respond to price moves and oil price volatility makes companies cautious.
Summary written by Upside AI from the original article. Read the source for full details.
Read the original on Yahoo Finance ↗
Related tickers and likely impact
BSR
▲ Likely positivePetrovietnam Refining and Petrochemical
Relevance: low
| Market | Vietnam stocks |
|---|---|
| Exchange | HOSE |
| Sector | Oil & Gas |
| Industry | Integrated Oil & Gas |
| Market cap | 141,957 bn VND |
| P/E | 7.1 |
| P/B | 1.94 |
| Close on 10/14/2026 | 30.10 |
| Change that session | -0.66% |
DXY
▲ Likely positiveRelevance: low
| Market | Currencies |
|---|---|
| Close on 10/14/2026 | 102.52 |
| Change that session | +0.32% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
Related news
- Liquidity Plunges as Money Exits Retail, Oil & Gas and Securities Stocks
- BSR estimates record 9-month profit, reveals plan to divest state capital
BSR estimates 9-month revenue of VND164,500 billion, up 80% and 7% above its full-year plan; profit attributable to parent shareholders reached VND22,900 billion, 10.6 times the same period last year, driven by high crack spreads. In Q3 alone, revenue was VND59,900 billion, up 70%, and profit was VND6,900 billion, down 9% from the previous quarter but 7.7 times the year-earlier level. Management forecasts 2027 crack spreads of US$18-27 per barrel, lower than 2026 as shipping through the Strait of Hormuz gradually stabilises. For divestment, BSR aims to complete the state stake sale before 11 March 2027, with at least 2.13% of shares to be sold via public auction; Vietcap says progress is consistent with completion in the first half of 2027.
- Surprising Profit Forecasts for Securities, Oil & Gas and Fertilizer Groups in 2027
Pinetree forecasts 2027 profit growth of about 34% for insurance, 18% for industrial parks and 7% for technology, while securities profit may fall 19%. Banks account for about 45% of projected 2026 listed profit, with profit at 27 listed banks expected to rise 12.6% in 2026 before slowing to 4.9% in 2027 as funding costs climb following recent deposit rate increases. Oil and gas, fertilizer and mining, whose profits were boosted by commodity prices in 2026, are forecast to see profit fall about 30%, 29% and 24% respectively. On foreign capital, foreign investors had net sold over 98,300 billion VND through September 2026, and Pinetree expects this trend to continue in Q4 2026 and early 2027.
- Exclusive Interview : Trump says Iran war will end soon , oil prices will drop fast
President Donald Trump, speaking in Kalispell, Montana, in an exclusive interview with NBC Montana, said he may support suspending diesel taxes in the state. He said the Iran war would be ended quickly, after which oil and diesel prices would fall rapidly, and that Iran would never have a nuclear weapon. Trump also blamed former President Joe Biden for the worst inflation in the country's history and said prices would come down further once the war ends. He was rallying in support of Montana GOP candidates Aaron Flint for the House and Kurt Alme for the Senate.
- IEA: World Faces Risk of Diesel Shortage Until Mid-2027
In its October oil market report, the IEA warns diesel supply will stay tight until mid-2027, after a sudden drop in third-quarter supply and unusually large prior inventory declines. Global diesel exports fell 700,000 barrels per day year on year last month, and supply gains elsewhere only partly offset shortfalls from Russia and the Middle East. Wholesale diesel in Singapore topped $200 per barrel in mid-September, while Europe and the US hit record levels near $220. Trump said he reached a deal with Putin to supply over 4 million tonnes of diesel, but the agreement faces opposition from both parties in the US and Europe. The IEA forecasts global oil demand to fall by an average of 2.6 million barrels per day this year, and warns that repeated attacks in the Gulf, especially Saudi Arabia, keep the recovery fragile.
- Diesel squeeze set to last well into 2027 as Iran war disrupts supply, IEA says
The International Energy Agency (IEA) says the diesel supply squeeze will persist into the second half of 2027. Global diesel exports fell 700,000 barrels a day year on year, as a 1.3 million barrel-per-day loss from Russia and the Middle East was only partly offset. Wholesale diesel topped $200 a barrel in Singapore in mid-September and reached record highs of around $220 a barrel in Europe and the U.S., while retail prices rose to records in most major economies. The IEA forecasts 2026 global oil demand to fall by 2.6 million barrels a day, with diesel accounting for 25% of the drop, and warns that renewed Gulf attacks leave the recovery fragile. The article also mentions a deal for 300,000 metric tons of Russian diesel announced by President Trump, which drew criticism in the U.S. and Europe.
Related markets
Latest news
- Intel stock pops after JPMorgan gives a Neutral upgrade
JPMorgan (JPM) upgraded Intel (INTC) to Neutral from Underweight. The note points to improving execution under CEO Lip-Bu Tan, potential foundry customers for next-generation manufacturing, and rising earnings estimates for 2027 and 2028.
- Intel leads chip stocks higher as investors jump back into AI trade
Chip stocks rebounded on Monday as investors bought the dip after last week's steep AI trade sell-off. The PHLX Semiconductor Index (^SOX) rose 2%, reversing a recent semiconductor rout. Intel (INTC) jumped 5% after JPMorgan upgraded the stock to Buy, citing "solid execution." Nvidia (NVDA) and AMD (AMD) also gained, while a Goldman Sachs upgrade of CoreWeave (CRWV) to Buy from Neutral helped lift AI sentiment. Arm Holdings (ARM), Micron Technology (MU) and SK Hynix (SKHY) also rebounded after sharp declines last week.
- Netflix stock is down roughly 25% in 2026 as Q3 earnings loom
Netflix (NFLX) reports third-quarter results after the bell on Tuesday, with the stock down more than 25% this year and closing Friday near $70, versus $93.76 at the end of 2025. Investors are worried about slowing viewership, competition from YouTube, and live sports moving to Amazon Prime Video and HBO Max. Last week Netflix cut about 6% of its workforce (roughly 1,000 employees) and named Peter Rice its new chief content officer, and five firms lowered price targets in October. Analysts expect EPS of $0.82 on revenue of $12.88 billion, up about 12% from a year earlier, in line with Netflix's own forecast. KeyBanc's Justin Patterson wants more content investment, product changes, expense cuts and a possible first-ever dividend.
- Cleveland-Cliffs Jumps 10% on Strongest Quarter in Three Years; Nucor and Steel Dynamics Edge Higher
Cleveland-Cliffs (CLF) rose 10% to $13.29 after reporting third-quarter adjusted EBITDA of $612 million, beating its $575 million guidance and up sharply from $143 million a year earlier. Revenue of $5.61 billion missed the $5.72 billion expected, though sales rose 18.6% year over year on a higher average net selling price of $1,177 per ton and larger shipments. Management said imports remain well below historical levels, but it indefinitely idled the galvanizing lines at its Canadian unit Stelco due to oversupply. The company guided to about $715 million of adjusted EBITDA in Q4 and said 2027 adjusted EBITDA should exceed $4 billion based on current index price forecasts. Its target is to bring net debt to EBITDA below 2.5x by mid-2027.
- Tech rebounds as semiconductor stocks jump: AlphaCheck
Stocks were mostly higher on Monday as investors turned their focus to earnings season, with semiconductor stocks rebounding after last week's sharp sell-off. The Tech sector (XLK) rose, led by Nvidia (NVDA), AMD (AMD), Micron (MU) and SK Hynix (SKHY). Intel (INTC) also jumped after JPMorgan analysts upgraded the stock, while CoreWeave (CRWV), hammered last week, rebounded on a Goldman Sachs upgrade. Investors are watching this week's reports from Netflix (NFLX), SpaceX (SPCX), Tesla (TSLA) and Meta (META). The 10-year Treasury (^TNX) yield hovered near 5.1%, while Brent crude (BZ=F) dropped to $108 per barrel and WTI (CL=F) hovered below $98.
- AI capex may be Meta's biggest earnings test
Meta Platforms (META) reports third-quarter earnings after the close on Wednesday, alongside a wave of Big Tech peers. The GAAP EPS estimate is $3.54, though that figure may be messy because a legal settlement will be included and analysts differ on how it will be accounted for. Options imply a 3.2% move in either direction, the smallest since the fourth-quarter report before last. Estimates for next year's capex vary widely: Wedbush near $250 billion, Evercore ISI $210 billion, Bank of America $205 billion and Dan Ives around $194 billion. Most analysts say that spending is acceptable if Meta provides a Muse roadmap and confidence it can monetize it, and the stock is up about seven and a half percent year to date.
Get the briefing on Telegram or Zalo
Join the Upside Telegram channel or Zalo group for the Vietnam stocks and gold briefing at 8:00 and 19:00 (Vietnam time) on trading days, plus a weekly wrap on Saturday morning.