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(Reuters) – Oil prices jumped about 6% on Monday as Iran stepped up attacks on the United Arab Emirates and ships in the Middle East Gulf over the past 24 hours, the most serious escalation since a U.S.-Iran ceasefire came into force in early April. Brent futures rose $6.27, or 5.8%, to settle at $114.44 …
Oil Prices Jump 6% as Iran Sets UAE Oil Port Ablaze, Strikes Vessels in Strait of Hormuz Read More »
Is 4% the new 2%? By Jamie McGeever U.S. inflation has been above the Federal Reserve’s target for so long that many observers believe policymakers have implicitly accepted a higher level. The worry now is that it just keeps rising. Businesses, consumers and investors could be forgiven for thinking that policymakers, despite their repeated commitment …
Forget 3% US Inflation. It’s Heading for 4%: McGeever Read More »
Land management company EagleRock is targeting a valuation of up to $2.6 billion in its initial public offering in the United States, as it seeks to tap renewed investor interest in the energy sector. The Houston-based company said it was aiming to raise up to $346 million in the IPO by offering 17.3 million …
Permian Landowner EagleRock Eyes $2.6 billion Valuation in US IPO Read More »
(Reuters) – Fervo Energy said on Monday it was targeting a valuation of up to $6.5 billion in its initial public offering in the United States. The Houston-based energy developer also said it is aiming to raise up to $1.3 billion in the IPO by offering 55.6 million shares priced between $21 and $24 apiece. …
Fervo Energy Eyes $6.5 Billion Valuation in US IPO Read More »
Iran sends peace talks proposal to Pakistani intermediaries Brent crude and WTI on track for strong weekly gains UAE official says unilateral Iranian arrangements for Hormuz cannot be trusted HOUSTON, May 1 (Reuters) – An Iranian proposal on negotiations with the U.S. sent crude oil futures diving on Friday, but prices remained on track for …
Crude Futures Fall on New Iran Proposal for Peace Talks Read More »
(Reuters) – Why have global equity markets been so resilient to the Iran oil shock? Because $100 a barrel oil doesn’t mean what it used to. Brent crude has risen around 70% since the Iran war began on February 28 to over $120 per barrel, as of early Thursday. Yet global equity markets, though volatile, …
Why $100 Oil is No Longer Spooking Equity Markets Read More »
(Reuters) – Why have global equity markets been so resilient to the Iran oil shock? Because $100 a barrel oil doesn’t mean what it used to. Brent crude has risen around 70% since the Iran war began on February 28 to over $120 per barrel, as of early Thursday. Yet global equity markets, though volatile, …
Why $100 Oil is No Longer Spooking Equity Markets: Stephen Jen Read More »
(Reuters) – Energy prices are expected to surge by 24% in 2026 to their highest level since Russia’s full-scale invasion of Ukraine four years ago, if the most acute disruptions caused by the war in the Middle East end in May, the World Bank said on Tuesday. Commodity prices could rise even further if hostilities …
World Bank Forecasts 24% Surge in Energy Prices in 2026 Due to Middle East War Read More »
By Howard Schneider Fed officials will decide whether to signal possible rate hikes amid oil shock Warsh confirmation may move forward after end of Powell probe Powell could still remain on Fed’s Board of Governors until 2028 WASHINGTON, April 27 (Reuters) – Federal Reserve policymakers will gather in Washington this week in what may be …
Fed Likely to Hold Rates Steady as Powell Prepares for Possible Swan Song Read More »
By Laila Kearney and Alex Lawler Iran to make offer aimed at satisfying US demands, Trump tells Reuters Trump to send Witkoff and Kushner to Pakistan for Iran talks, CNN reports WTI falls on the day, but both benchmarks rise on the week NEW YORK/LONDON, April 24 (Reuters) – Oil prices whipsawed in volatile trade …
Oil Prices End Volatile Session Mixed But Up Sharply for the Week on Supply Worries Read More »
