oil

Energy

Energy Crisis Powers Up Big Payday for LNG Exporter Venture Global

Photo via Gerard Bottino / SOPA Images/Sipa USA/Newscom

Morgan Stanley analysts on Monday granted the US LNG exporter a rare double upgrade, changing its rating from underweight to overweight.

2 min read

Photo via Peter Bennett/Citizen of the Planet/Newscom

Energy

Baker Hughes Undergoes an AI Makeover

The company said this year that it is on track to double its data center-related orders to $3 billion in the three years through 2027.

1 min read
Photo via Chen Mengtong/China News Service/VCG/Newscom

Inflation & Prices

Fed’s ‘Goldilocks’ Economic Strategy Disintegrating amid Hormuz Strikes

Markets are pricing in practically no chance of a rate cut when officials meet later this month, according to the CME Fedwatch.

2 min read
Photo by Raymond Kotewicz via Unsplash

Energy

Wall Street Snubs Big Oil Stocks amid Crude Price Runup

Some traders see a possible parallel to the spike and subsequent crash in oil prices in 2008 if the war drags on and threatens supplies.

2 min read

Markets

Markets Brace for 10% Correction Without ‘Defined Off-Ramp’ from US-Iran War

Photo via JOHN ANGELILLO/UPI/Newscom

The US-Israel conflict with Iran has triggered the biggest oil supply disruption ever, topping the 1956 Suez crisis.

2 min read

International Economics

US Slaps Crushing 50% Tariffs on India in Proxy Strike at Russia

Photo by Laurentiu Morariu via Unsplash

India now sources 39% of its crude oil from Russia, compared to just 1% before Russia’s invasion of Ukraine.

2 min read

Photo via Christopher Boswell/Newscom

Energy

Exxon and Chevron, Rivals Turned Frenemies, Face Profit Pressure-Cooker

Rather than jockeying for an advantage in their weakened state, the two longtime rivals are set to work together more and more.

3 min read
Photo by Getty Images via Unsplash

Energy

OPEC+ Wants to Pump Its Way Back to the Top

After roughly two straight years of production cuts to prop up falling prices, the oil cartel’s newest problem is a shrinking market share.

2 min read
Photo via Christian Charisius/dpa/picture-alliance/Newscom

International Economics

Markets Stay Relatively Calm as Fragile Ceasefire Deal Follows Missile Strikes

While the headlines screamed conflict, maneuvers by the US on Monday signaled to markets that the prevailing mood was one of compromise.

2 min read

Energy

Oil Prices Spike as Israel-Iran Conflict Threatens Production, Shipping

Photo via James Thew/Newscom

With no immediate end in sight, analysts are weighing multiple possibilities that could affect prices down the line.

2 min read

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