On July 29, Equinor ASA rose 7% in regular trading, trading at $40.95/share, with turnover of $98.95 million. The surge came as crude oil prices rebounded sharply after the collapse of the informal US-Iran ceasefire.

On the news front, Iran's Islamic Revolutionary Guard Corps launched multiple ballistic missiles at a US military base in Jordan on July 28, marking the end of a days-long informal ceasefire that had previously driven oil prices sharply lower. WTI crude rebounded nearly 4% back to the $83/barrel area, while Brent crude also recovered significantly. US President Trump warned that military action could resume if diplomatic talks fail, further elevating supply disruption risks.

The rebound follows a steep sell-off earlier in the week when oil prices plunged over 5% on signals of US-Iran diplomatic de-escalation. The renewed tensions have forced markets to re-price geopolitical risk premiums, directly benefiting integrated oil and gas companies. Within the sector, Exxon Mobil gained 3.13%, Chevron rose 2.74%, BP advanced 4.22%, Shell added 2.75%, and Occidental climbed 3.9%.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)