9 h. ago Oil Jumps, US Futures Drop on Trump Tehran Warning: Markets Wrap

Global markets received a jolt in early Asia hours after President Donald Trump called for the evacuation of Tehran, in comments that contrasted with earlier optimism that Israel’s war against Iran wouldn’t escalate into a wider conflict.

Other

9 h. ago Oil Rises, US Futures Drop on Trump Tehran Warning: Markets Wrap

Global markets received a jolt in early Asia hours after President Donald Trump called for the evacuation of Tehran, in comments that contrasted with earlier optimism that Israel’s war against Iran wouldn’t escalate into a wider conflict.

Other

25 h. ago Oil ‘In the Crosshairs’ as Mideast Crisis Escalates, RBC Warns

Oil supplies from the Middle East face increasing risk as the conflict between Israel and Iran drags on, according to RBC Capital Markets LLC, which warned that energy is now “clearly in the crosshairs.”

Other

6 d. ago Trump’s Energy Dominance Push Helped by Gulf Oil Output Revival

US oil production is poised to rise this year and next as President Donald Trump pushes for more drilling. But as crude prices tumble, most of the growth will come from a surprising source: the Gulf of Mexico.

Other

1 week ago Trafigura Warns of Trading Headwinds as Payouts Outstrip Profits

Trafigura Group warned that market volatility may not translate to opportunities for its traders, as the commodity giant reported first-half results that showed its dividend payments exceeded net profit.

Other

1 week ago Ground beef sold at Whole Foods may be tainted with E. coli, USDA says

U.S. agriculture officials are warning that ground beef sold at Whole Foods markets nationwide may be contaminated with potentially dangerous E. coli bacteria. Officials issued a public health alert for 1-pound, vacuum-packed packages of Organic Rancher beef, produced on May 22 and May 23, by NPC Processing Inc., of Shelburne, Vermont. The products have use-by […]

Other

1 week ago Global Oil Stockpiles Are Expanding Fast as OPEC+ Hikes Supply

Oil inventories have risen sharply across the world in recent weeks, a sign of the pressure that higher output from OPEC+ could place on the global crude market as the year progresses.

Economics

2 w. ago Oil Rises as Traders Weigh Risks to Iranian, Russian Supplies

Oil climbed as the market assessed the risk of additional US sanctions on Russia and the chance that nuclear talks with Iran will fail to produce an agreement.

Economics

3 w. ago Asian stocks rise and oil prices slip after Treasury yields ease

HONG KONG (AP) — Asian stocks rose early Friday as U.S. Treasury yields eased after a rocky week due to worries in the bond market over mounting U.S. government debt. The yield of the 10-year Treasury shed 0.6% to 4.52% while the two-year yield, which more closely tracks expectations for action by the Federal Reserve, […]

Economics