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Five Oil and Gas Stocks Ready for a Hormuz Spike and a Hawkish Fed
Two shocks are hitting energy investors at once, and they point in opposite directions. The first i...
The U.S. oil reserve is at a 40-year low — but the government says there’s still plenty of breathing room
Energy Department says operational minimum for the storage caverns is about 70 million barrels, a le...
US Equity Markets End Higher After Unexpected Decline in Producer Price Index
US equity indexes closed higher Wednesday after an unexpected drop in producer prices. * The US p...
The Stock Market Faces Serious Problems in President Trump's Economy. History Says This Could Happen Next.
Investors seem to be overlooking serious threats to the U.S. economy related to the Iran war and tariffs.
S&P 500, Nasdaq Build on Record Highs as Earnings and Iran Hopes Continue to Boost Markets
Stocks were on track to rise again Thursday, as the twin catalysts of artificial intelligence earnings and a potential peace deal between the U.S. and Iran continued to lift the market. S&P 500 futur ...
ECB’s Villeroy: Next move should be guided by the data, not the date
European Central Bank (ECB) policymaker and Bank of France Governor Francois Villeroy de Galhau said in the European trading session on Thursday that the central bank should focus on the data and not ...
Oil: Prices steady after sharp conflict-driven selloff – ING
ING analysts Ewa Manthey and Warren Patterson note that Oil and gas prices dropped sharply as Iran considered a new US proposal that could gradually reopen the Strait of Hormuz and ease supply risks.
Shell’s profits jump as Iran war delivers windfall
Energy major warns of lower gas production after damage to its facilities in the Gulf
Update: Market Chatter: US, Iran Close to Agreement That Could End War, Lead to Broader Deal
(Updates with response from the White House in the seventh paragraph.) The US and Iran are close
United Kingdom S&P Global Construction PMI registered at 39.7, below expectations (45.7) in April
United Kingdom S&P Global Construction PMI registered at 39.7, below expectations (45.7) in April
Euro area: Energy shock rekindles price pressures – Societe Generale
Societe Generale economists Sam Cartwright, Michel Martinez and Jorge Garayo analyse Euro Area inflation following the latest energy shock. They note headline inflation has already risen to 3% and exp ...
Shell Beats Profit Estimates as War Brings Trading Windfall
Shell (NYSE: SHEL) on Thursday reported consensus-beating earnings for the first quarter as the war in Iran drove an oil price surge and boosted trading profits at the UK-based supermajor. Shell repor ...
DoorDash’s results and outlook were mixed. The stock is soaring anyway.
DoorDash revealed a set of financial results and guidance that didn’t blow away analyst expectations but the stock nonetheless was rallying in premarket trade on Thursday.
Arm Stock Takes Wild Ride After Earnings. Demand Might Be Too Strong to Meet.
Arm said it would soon see $2 billion in revenue from a new home-made chip, twice its previous estimate.
GBP/JPY flatlines around 212.50 amid UK elections, Yen intervention risks
The Pound (GBP) trades practically flat around 212.50 against the Japanese Yen (JPY) on Thursday.