Cenovus Energy's stock rose sharply amid Middle East conflict-driven volatility, reflecting broader energy sector gains in Q1 2026. Cenovus Energy Inc. (NYSE:CVE) closed at $28.04 on May 28, 2026, marking a 112.75% gain over the past 52 weeks. The surge aligns with increas
Cenovus Energy's stock rose sharply amid Middle East conflict-driven volatility, reflecting broader energy sector gains in Q1 2026. Cenovus Energy Inc. (NYSE:CVE) closed at $28.04 on May 28, 2026, marking a 112.75% gain over the past 52 weeks. The surge aligns with increas
Inflation progress has stalled, says Fed Governor Bowman The US economy has remained resilient despite signs of fragility in the labor market. The longer the Iran war continues, the greater the risks to inflation become, with an extended energy shock potentially putti
Iran’s chief negotiator dismisses trust in verbal guarantees, emphasizing military leverage amid stalled U.S. talks. Iran’s parliament speaker and top negotiator, Mohammad Bagher Ghalibaf, stated that Tehran secures concessions through military strength rather than diploma
Iran’s chief negotiator dismisses trust in verbal guarantees, emphasizing military leverage amid stalled U.S. talks. Iran’s parliament speaker and top negotiator, Mohammad Bagher Ghalibaf, stated that Tehran secures concessions through military strength rather than diploma
Nationwide protests erupt after President Rodrigo Paz scraps fuel subsidies and enacts land reforms amid economic crisis. Bolivian President Rodrigo Paz is confronting widespread unrest after implementing abrupt austerity measures, including the elimination of fuel subsidi
Gulf states increasingly distance from Israel and U.S. security alliances, complicating Trump’s leverage in Iran negotiations. President Trump is reviving the 2020 Abraham Accords as leverage in Iran negotiations, aiming to secure a ceasefire through normalization with Isr
Norway escalates lobbying efforts to ease EU Arctic drilling bans amid energy security concerns following supply disruptions. Norway has ramped up lobbying in Brussels to reverse or modify the EU’s Arctic oil and gas drilling moratorium. The country, Europe’s largest oil a
August gold futures climb to $4,560.40 as markets bet on a 60-day truce extension easing Middle East supply risks. Gold August futures edged higher in early Friday trading, reaching $4,560.40 per troy ounce after opening at $4,527.60, a marginal 0.1% dip from Thursday’s cl
Shoppers drove Costco's Q3 fuel volumes to all-time highs as elevated oil prices pushed consumers to seek discounts. Costco reported record fuel sales volumes in its third quarter, driven by consumers seeking lower gas prices amid elevated oil costs. All three four-week fi
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