Oil Majors BP

Nam Y. Huh - AP
Apr 28, 2026
Apr 28, 2026 Updated Apr 30, 2026

FILE - A gas price is displayed as a customer holds a fuel pump nozzle before filling up her vehicle's gas tank at a gas station, in Lincolnshire, Ill., Wednesday, April 15, 2026.
Nam Y. Huh - AP

As featured on

BP's profit more than doubles as US gas prices hit the highest point since the start of war in Iran

BP’s profit more than doubled in the first quarter as the war in Iran drove energy prices sh…

US stocks rally to the finish of their best month since 2020, even as oil prices whipsaw

The U.S stock market motored to more records as profits keep piling up for big businesses. The S&P 500 rallied 1% Thursday and topped its prior all-time high to finish its best month in more than five years. The Dow Jones Industrial Average jumped 1.6%, and the Nasdaq composite climbed 0.9% to its own record. Alphabet led the way after the owner of Google and YouTube reported profit for the start of 2026 that blew past analysts’ expectations. The gains came after the latest whipsaw moves for oil prices, which surged toward their highest levels since the war with Iran began only to quickly regress.