OPEC Commits to Boost Output Once Hormuz Reopens
OPEC on Sunday agreed to boost oil production by another 206,000 barrels daily, which will be theoretical only…
Oil Prices Spike as Iran Denies U.S. Talks and Traders Refocus on Supply Risk
Oil prices were spiking again in early Asian trade on Tuesday, reversing part of the previous session’s steep…
Goldman Boosts Oil Price Forecast by $8 for Brent and $7 for WTI
Brent crude is seen averaging $85 per barrel this year, and West Texas Intermediate could see an average…
Oil Prices Hit $90 as Middle East Tensions Escalate
Oil prices surged again on Friday, putting crude on track for its biggest weekly gain in years as…
Stocks Swoon as Trade Jitters Spur Rush to Bonds: Markets
(Bloomberg) — Flaring trade tensions between the US and China sent shockwaves across markets Friday, hammering stocks, oil…
Tech Stock Rally Loses Steam in Afternoon Trading: Markets
(Bloomberg) — The rally in tech stocks took a breather as equities pulled back from record highs. AI…
Stock Buyers Step In as Data Keep Fed Bets in Play: Markets
(Bloomberg) — A renewed wave of dip buying lifted stocks in the final stretch of the week after…
Global Stock Rally Snaps in Asia, Dollar Rises: Markets Wrap
(Bloomberg) — A seven-day global stock rally lost steam in Asia, as uncertainty over the Federal Reserve’s rate-cut…
Formula 1 Renewable Energy Shift Drives 26% Drop in Carbon
(Bloomberg) — Motor racing, a sport known for flashy, petrol-guzzling racecars speeding at hundreds of kilometers per hour across…
Oil Markets Brace for Trump Statement as Key Policies Hang in the Balance
Global crude benchmarks edged sideways in early-morning trading on Monday as the oil market awaited an official statement…