Finance

Auto Added by WPeMatico

Traders Bet $500 Million on Oil Price Just Before Trump’s Post on Delay to Iran Attack

CDN and International News, Conventional Energy, Energy Topics & Technology, Finance, Forecasts, Latest, Oil / By

(Reuters) – Traders bet half a billion dollars on the price of crude only 15 minutes before U.S. President Donald Trump announced a five-day delay to attacks on Iran’s energy infrastructure that sent the market plunging, exchange data and Reuters calculations showed. Having issued Iran with a Monday deadline to reopen the critical Strait of …

Traders Bet $500 Million on Oil Price Just Before Trump’s Post on Delay to Iran Attack Read More »

Trump Demands Halt to Energy Facility Attacks as Prices Soar

Conventional Energy, Energy Topics & Technology, Finance, Forecasts, Latest, Natural Gas, Oil, US News / By

Brent crude rose more than 10 per cent to as high as US$119 a barrel on Thursday By Patrick Sykes and Dana Khraiche U.S. President Donald Trump called on Israel and Iran to stop attacks on energy facilities as the war in the Middle East escalated, with damage to key oil and gas infrastructure triggering …

Trump Demands Halt to Energy Facility Attacks as Prices Soar Read More »

Goldman Sachs Flags Upside Risks to Oil Prices in Near Term and Into 2027

CDN and International News, Conventional Energy, Energy Topics & Technology, Finance, Latest, Oil / By

(Reuters) – Goldman Sachs said on Thursday that risks to oil prices remain skewed to the upside both in the near term and into 2027. The bank added that the persistence of several past large supply shocks highlights the possibility that oil prices could remain above $100 per barrel. Benchmark Brent crude surged above $119 …

Goldman Sachs Flags Upside Risks to Oil Prices in Near Term and Into 2027 Read More »

US Natural Gas Rallies With Oil on Lingering Mideast Fears

Conventional Energy, Energy Topics & Technology, Finance, Forecasts, Latest, Natural Gas, US News / By

By Julian Hast Fort St. Vrain Generating Station in Platteville, Colorado. Photographer: Chet Strange/Bloomberg US natural gas futures rose along with oil, which continues to climb on concerns over a prolonged disruption to energy supplies through the Strait of Hormuz. Those worries, which do not fundamentally affect the short-term US gas market, outweighed a small …

US Natural Gas Rallies With Oil on Lingering Mideast Fears Read More »

Oil Shock Sparks Rate Repricing in Historic ‘G4’ Central Bank Week: McGeever

CDN and International News, Energy Topics & Technology, Finance, Forecasts, Latest / By

(Reuters) – This is a historic week in the world of monetary policymaking. The “G4” central banks meet in the same week for the first time since December 2021, and only the second time ever, with investors clamoring for evidence of whether the Middle East oil shock could make policymakers start thinking about rate hikes. …

Oil Shock Sparks Rate Repricing in Historic ‘G4’ Central Bank Week: McGeever Read More »

Oil Settles Up 9% as Iran Vows to Keep Strait of Hormuz Closed

Conventional Energy, Energy Topics & Technology, Finance, Latest, Oil, US News / By

By Siddharth Cavale Iran supreme leader says Strait of Hormuz to remain closed Iranian boats attacked two tankers in Iraqi waters IEA release of 400 million barrels may give limited relief NEW YORK, March 12 (Reuters) – Oil prices settled up about 9% on Thursday, at their highest ​in nearly four years, as Iran stepped …

Oil Settles Up 9% as Iran Vows to Keep Strait of Hormuz Closed Read More »

Trump Touts Oil Price Gains, Saying ‘We Make a Lot of Money,’ Angering Lawmakers

Conventional Energy, Energy Topics & Technology, Finance, Latest, Oil, US News / By

By Timothy Gardner and Susan Heavey Lawmakers say Trump prioritizes oil companies over consumers Energy Secretary Chris Wright says $200-a-barrel oil unlikely Oil prices up despite U.S. efforts to control them WASHINGTON, March 12 (Reuters) – U.S. President Donald Trump said on Thursday the United States stood to make significant money from oil prices driven …

Trump Touts Oil Price Gains, Saying ‘We Make a Lot of Money,’ Angering Lawmakers Read More »

Exchanges Oppose Potential US Treasury Intervention in Oil Futures Market

Conventional Energy, Energy Topics & Technology, Finance, Forecasts, Latest, Oil, US News / By

By Anirban Sen BOCA RATON, Florida, March 12 (Reuters) – The heads of a number of top exchanges, including CME Group (CME.O) and Toronto Stock Exchange parent TMX Group (X.TO), oppose any potential ​intervention from the U.S. government involving the oil futures market, amid ‌rising energy prices in the aftermath of the Iran conflict. The …

Exchanges Oppose Potential US Treasury Intervention in Oil Futures Market Read More »

Oil Seen Elevated as Hormuz Risks Intensify Amid Iran Conflict, Analysts Say

CDN and International News, Conventional Energy, Energy Topics & Technology, Finance, Latest, Oil / By

(Reuters) – Oil prices are expected to remain elevated in the near term as traders weigh the risk of supply disruptions through the Strait of Hormuz, a chokepoint for more than 20% of global oil supply, amid the widening Middle East conflict. Israeli and U.S. strikes on Iranian targets have led to attacks across the …

Oil Seen Elevated as Hormuz Risks Intensify Amid Iran Conflict, Analysts Say Read More »

Berkshire CEO Abel Seeks to Reassure Shareholders After Taking Baton From Buffett

Conventional Energy, Energy Topics & Technology, Finance, Latest, Oil / By

  Abel emphasizes trust, Berkshire values Analysts say Abel struck the right tone Berkshire reports declining profit for Q4, 2025 (Reuters) – Berkshire Hathaway’s  new Chief Executive Greg Abel moved to put his stamp on the conglomerate with his first annual letter to shareholders on Saturday, pledging to maintain its “fortress-like” balance sheet and uphold the …

Berkshire CEO Abel Seeks to Reassure Shareholders After Taking Baton From Buffett Read More »

Subscribe
Subscribe