Commodities
Indian PM Modi implores Putin to end Ukraine war amid U.S. tariff threat on Russian oil
Indian Prime Minister Narendra Modi urged Russian President Vladimir Putin to end the Ukraine war during a meeting on the sidelines of the Shanghai...
Commodities
Venezuela grants U.S.-backed NABEP 100-year concessions for 17 oil fields, White House says
Venezuelan interim authorities have granted U.S.-backed North American Blue Energy Partners (NABEP) 100-year concessions for 17 oil fields with proven reserves of approximately 65...
Commodities
U.S. oil firm to take over some Venezuelan oilfields previously run by Chinese, Russian companies
U.S. oil company North American Blue Energy Partners will take over oilfields in Venezuela previously controlled by five Chinese companies and one Russian firm....
Commodities
This maneuver is boosting oil shipments through the Strait of Hormuz
Middle East oil producers are increasing their shipments through the Strait of Hormuz by using ship-to-ship crude transfers to circumvent Iranian threats. These transshipment...
Commodities
The 10-year Treasury yield just crossed a key threshold that should make people ‘sit up and take notice’
The 10-year Treasury yield has crossed a key psychological threshold, reaching its highest level since the start of Donald Trump's second term. This rise...
Commodities
Trump announced a massive oil deal with Venezuela. Why it won’t lower gas prices anytime soon
The United States secured majority control over 65 billion barrels of Venezuela's proven oil reserves, around 20% of the 303 billion barrels the South...
Commodities
Mortgage rates surge to the highest since June 2025 as new Middle East attacks push oil prices up
The 30-year fixed mortgage rate hit 6.87% Monday, the highest level since June 2025, up 12 basis points since Thursday and more than 30...
Commodities
Trump to meet with U.S. oil refiners as White House pushes to lower gas prices
President Trump will meet Tuesday with U.S. refiners and fuel distributors to discuss increasing refining capacity and lowering pump prices, amid voter concerns about...