Oil prices gain 1% as Israel-Lebanon tensions overshadow soft U.S. demand [MSNBC.com]
JP Morgan Chase & Co. (JPM)
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Source: MSNBC.com
Crude oil futures gained Thursday as fears of war between Israel and the Iran-backed militia Hezbollah overshadowed soft U.S. gasoline demand.Here are today's energy prices:Israel has deployed troops to its north this week as attacks across the Lebanese border have surged from mid-May to mid-June, according to a Thursday note from RBC Capital Markets. The trendline seems to be pointing to a directmilitary confrontation between Hezbollah and Israel"Israel's offshore gas operations could also be attacked by Hezbollah," wrote Helima Croft, head of global commodity strategy at RBC, and her team in the note."However, the real threat to regional energy supplies would be if Iran targeted critical infrastructure to internationalize the cost the conflict, or if Israel targeted Iranian energy facilities," the analysts said.The U.S. on Wednesday reported surprise crude oil and gasoline inventory builds for the week ending June 21, disappointing bulls hoping that an uptick in demand would breathe
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JPM
News
- Biden addresses NYC’s LGBTQ community hours after poor debate performance [MSNBC.com]MSNBC.com
- JPMorgan and Morgan Stanley boost buybacks and dividend, while Citigroup and BofA take smaller steps [CNBC]CNBC
- JPMorgan, Citi, BofA, Wells Fargo all boost dividends [Yahoo! Finance Canada]Yahoo! Finance Canada
- JPMorgan, Citi, BofA, Wells Fargo all boost dividends [Yahoo! Finance]Yahoo! Finance
- Biggest US Banks Boost Payouts in Wake of Fed Stress Test [BNN Bloomberg (Canada)]BNN Bloomberg
JPM
Earnings
- 4/12/24 - Beat
JPM
Sec Filings
- 6/28/24 - Form 424B2
- 6/28/24 - Form 424B2
- 6/28/24 - Form 424B2
- JPM's page on the SEC website