ConocoPhillips is on track to generate a lot more cash this year.

Sinking AI stocks and another climb in oil prices helped pull Wall Street off its record heights. The S&P 500 fell 0.5% Tuesday from its latest all-time high.

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.

The U.S. stock market’s record-breaking rally slowed on Monday after uncertainty rose over the weekend about what will happen next in the Iran war, while oil prices rose. The S&P 500 inched 0.1% higher to its latest all-time high,

By Sinéad Carew and Elizabeth Howcroft NEW YORK/PARIS, April 29 (Reuters) - Oil prices soared on worries about prolonged supply disruption due to the Middle East war while Wall Street's stock indexes finished little changed on Wednesday ahead of high-profile earnings reports and after a divided Federal Reserve kept interest rates steady but muddied the outlook for easing.

Asian stocks are mostly higher despite a retreat on Wall Street, and oil prices slipped after the United Arab Emirates said it would leave OPEC in a blow to the oil cartel.

Oil hasn't surged to $200 like some, including Trump, had expected. Business Insider spoke to energy market pros about what's kept a lid on prices.

By Liz Hampton and Arathy Somasekhar DENVER, April 29 (Reuters) - The United States became a net exporter of crude for the first time since World War Two as the country shipped a record volume of oil to refiners scrambling for supplies after the Iran war,

The war with Iran has caused a massive upheaval in the global oil market. The closure of the Strait of Hormuz by Iran and the U.S. Navy's blockade in the Gulf of Oman have led to a 57% drop in Persian Gulf oil production due to disruptions to oil exports.

Oil prices top financial crisis highs above $150 a barrel, HFI Research said, as the market grapples with panic buying and supply hoarding.