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Bitcoin’s rare technical action points to a crypto bull market, says Fundstrat’s Tom Lee
Fundstrat’s Tom Lee says activity in recent months point to a bullish phase for cryptocurrencies....
Dow Jones Futures: Stock Market Hits Highs On Iran-Deal Hopes, Nvidia Leads New Buys; ARM Is Earnings Mover
The S&P 500 and Nasdaq hit new highs on Iran deal hopes. Nvidia leads new buys with Arm a big earnin...
Oil falls back below $100 on hopes of US-Iran deal
Tehran is reviewing a Washington-backed proposal that Donald Trump says could bring the conflict to ...
Water Is Quietly Becoming One of the Biggest Risks in Energy
A decade ago, China was widely expected to become a shale powerhouse. By some estimates, it holds more technically recoverable shale gas than the United States, and there was real optimism that it cou ...
Canada Scores Record Trade Surplus on High Oil
Canada has recorded its first trade surplus in six months, defying forecasts of a deficit thanks to surging oil and gold prices. Canada’s merchandise trade balance swung to a $1.78 billion surplus in ...
Canadian Natural Says Pipeline Needed to Unlock Oil Sands Growth
Canada’s oil sands can grow, but getting the barrels out of the country is a problem. This is a constraint that has defined the sector for years. President Scott Stauth told analysts the industry need ...
UAE Running Ghost Tankers Through Hormuz to Escape Iran’s Blockade
While conventional wisdom, especially after Trump’s counter-blockade of Iran’s blockade, holds that the Strait of Hormuz is completely blocked, the reality is that the UAE is now running loaded crude ...
Chinese Firm Takes U.S. Banks to Court Over Pre-Sanction Payment Freeze
Chinese fuel trader HY Energy is suing U.S. banking giants JP Morgan and Citigroup for blocked payments to a Chinese oil firm a year before the latter was sanctioned by the U.S. Treasury for dealing w ...
Oil Supply Shock Worsens amid Plunging Petroleum Inventories
Global crude oil and fuel inventories are crashing at a record speed as the supply shock from the Middle East is too big to absorb without stock depletion. While the futures markets trade on sentiment ...
How Iran Is Bypassing the Strait of Hormuz Blockade
The United States and Israel’s bombing campaign has left much of Iran’s infrastructure and industries in tatters, disrupting domestic production and hiking prices for basic food items.A US sea blockad ...
Angola's First New Refinery in 50 Years Ships Its First Fuel Cargoes
The Cabinda oil refinery in Angola, the first that was built in the country since it gained independence from Portugal 50 years ago, has started shipping fuels to the domestic and international market ...
EU Imports of Yamal Gas Hit Record Ahead of Ban on Russian LNG
The EU boosted its imports of Russian LNG from the Yamal LNG project to a record high in the first four months of 2026, just before the bloc started implementing a phased-out ban on imports of Russia’ ...
Oil Crunch Prompts Plastics Crisis in Asia
Asia is facing plastics shortages because of the oil and gas supply crunch caused by the war in the Middle East, with medical supplies, packaging, and consumer products most vulnerable to a shock, the ...
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 ...
EU Suspends Methane Rules as Energy Crunch Intensifies
The European Union has decided to suspend a regulation requiring oil and gas suppliers to report emissions along their supply chains amid an energy crunch that has sent oil and gas prices higher and p ...