WTI gains over 2% amid supply concerns West Texas Intermediate oil price gains ground after three days of losses, trading around $88.80 per barrel. The price rise is attributed to supply concerns intensifying following Israel's orders for troops to move further int
Berkshire Hathaway buys Taylor Morrison for $8.5bn Berkshire Hathaway has agreed to acquire homebuilder Taylor Morrison for $8.5bn in cash, at $72.50 per share. The deal is expected to close in the second half of 2026 and represents a 24% premium to Friday's close.
Quick Read - USO’s structural advantage depends on backwardated WTI futures curve that generates roll yield, but this tailwind reverses if the strait reopens. - Watch Kpler tanker data and the CME WTI futures strip: climbing Hormuz traffic or a flattening curve signals the...
Quick Read - USO’s structural advantage depends on backwardated WTI futures curve that generates roll yield, but this tailwind reverses if the strait reopens. - Watch Kpler tanker data and the CME WTI futures strip: climbing Hormuz traffic or a flattening curve signals the...
Brent crude sees sharp volatility as traders reassess supply reliability amid Strait of Hormuz disruptions and potential U.S.-Iran deal. Energy markets in May abandoned the assumption that geopolitical disruptions are temporary, instead pricing them as structural risks. Th
Nearly 25% of US LNG cargoes shifted to Asia in April after Hormuz disruptions removed 20% of global supply, driving price spikes. US LNG exports to Asia climbed sharply in April, with nearly a quarter of American cargoes redirected to the region. The shift follows coordin
Chevron's CEO cites dwindling global oil inventories and geopolitical tensions as catalysts for imminent price spikes. Chevron CEO Mike Wirth issued a stark warning about rising oil prices, citing depleted market buffers and reduced capacity to absorb supply shocks. His re
Crude oil futures sink to six-week low Crude oil futures have fallen to their lowest since mid-April. The decline is attributed to the US and Iran nearing a preliminary agreement. This potential deal would include reopening the Strait of Hormuz, a key oil s
Investors eye Colombia’s 2026 election amid concerns over leftist President Petro’s fossil-fuel phaseout policies hurting oil output and energy stability. Colombia’s 2026 presidential election is shaping up as a critical juncture for its oil industry, which accounts for ro
Investors eye Colombia’s 2026 election amid concerns over leftist President Petro’s fossil-fuel phaseout policies hurting oil output and energy stability. Colombia’s 2026 presidential election is shaping up as a critical juncture for its oil industry, which accounts for ro
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