Business

Business and Market Analysis

Updated 2026-10-13 15:55 UTC 1 source Neutral

President Trump's diesel deal with Russia is seen as a short-term solution to fuel prices. A stock analyst recommended adding a consumer staples company ahead of its pending merger.

Coverage timeline — 2 articles

CNBC

We're adding to a consumer staples stock in advance of a big catalyst

We see this company's pending merger as a potential for cost savings, incremental revenue synergies, and increased scale.

2026-10-13 15:40 UTC

CNBC

Trump's diesel deal with Russia equals less than two weeks of U.S. demand

President Donald Trump's diesel deal with Russia comes as he is under pressure to reduce fuel prices with the U.S. midterm elections less than a month way.

2026-10-13 15:50 UTC