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● Iran's escalating tanker attacks in the Strait of Hormuz drove the crude spike.
Robin Energy Ltd. (NASDAQ:RBNE), a small shipping and energy-related micro-cap, ranked among the steepest decliners of the October 16, 2026 session. The shares closed at $0.780, down 59.79% on the day, a drop that wiped out the better part of the stock’s value in …
● The Permian Basin producer's earnings are closely tied to the price of oil.
Founder Group Limited (NASDAQ:FGL) ranked among the session’s steep decliners on Friday, closing at $3.060 for a loss of 30.93% on the day. The drop extended the pronounced volatility that has marked trading in the Malaysia-based solar engineering, procurement and construction company since its …
● Its third-quarter report is scheduled for Oct 21 after the closing bell.
● Visa, Mastercard, MetLife, McKesson, Expeditors and Box also touched intraday records.
● Brent gained $3.94 to settle at $109.86, its highest close since May 19.
● As a pure producer without refining, its profits move closely with oil and gas prices.
Eos Energy Enterprises, Inc. (NASDAQ:EOSE) shares closed Friday, October 16, 2026, at $1.82, down 15.74% on the day, a decline that put the energy-storage company among the session’s largest percentage losers. No company-specific news was confirmed for Eos Energy on October 16, so the …
● US crude inventories fell 8.6 million barrels, the largest weekly drop since February.
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