Major Wall Street banks, including JPMorgan and Goldman Sachs, now anticipate a 25-basis-point Fed rate hike following hotter core inflation data and crude oil topping $100. Market-implied odds jumpe…
Bitcoin and Ethereum rebounded slightly after opening lower, but face renewed headwinds as Middle East pipeline attacks drove oil prices up 11%. Higher energy costs have raised Federal Reserve rate h…
A Middle East escalation and damage to a key Saudi oil pipeline pushed global oil prices higher, driving Fed rate hike odds to 86.5%. As higher rate expectations strengthened, silver futures tumbled …
Gold prices dropped to $4,332.50 per ounce pressured by higher-than-expected CPI inflation and imminent Federal Reserve rate hike expectations. Concurrently, crude oil prices are surging following we…
Americans have spent over $109 billion more on fuel since March following Strait of Hormuz disruptions that pushed WTI crude past $97 a barrel and diesel above $6 per gallon, adding roughly $730 mill…
Oil and gas prices surged after Saudi Arabia shut its critical East-West pipeline following drone attacks. Brent crude jumped 3% to $108 per barrel amid acute supply constraints and escalating Middle…
Crude oil surged past $103 per barrel amid escalating Middle East war disruptions. Saudi Arabia closed its 7 million bpd East-West pipeline following attacks, while Persian Gulf tanker blockades pers…
ExxonMobil posted robust Q2 results with $14.5B net income and $17.2B free cash flow. Boosted by rising crude prices, the supermajor lifted long-term LNG sales guidance, accelerated Guyana offshore c…
Bank of America raised its S&P 500 target to 7,400 but warned stocks are overdue for a pullback amid seasonal weakness. Equities faced pressure from surging crude oil prices and renewed AI valuation …
Wall Street remains divided on the S&P 500 as surging oil prices above $100 and multi-decade high Treasury yields revive Fed rate hike fears. While HSBC and Barclays raised targets citing AI earnings…
Brent crude surged past $108 and WTI topped $102 after a drone strike on Saudi Arabia's East-West pipeline threatened 4% of global oil supply. Escalating Middle East tensions, Houthi advances, and fa…
U.S. stock futures fell early Monday, led by a 1.1% decline in Nasdaq 100 futures, as crude oil spiked above $100 per barrel and expectations of an upcoming Federal Reserve rate hike surged to 86.7%.
Global stock futures slipped as renewed Federal Reserve rate hike fears, sticky US inflation, and surging crude oil prices weighed on sentiment. European and US futures turned lower ahead of major ce…
Major Wall Street firms like HSBC and Barclays raised S&P 500 targets, but Citi warned projections may be overly ambitious. Escalating macroeconomic pressures—including Brent crude surging past $106,…
Crude oil rallied past $100 following drone attacks that shut Saudi Arabia's East-West pipeline and threatened critical shipping chokepoints. Meanwhile, rising Federal Reserve rate hike odds sparked …
MUFG Bank warns higher oil prices and tightening liquidity will pressure Asian energy-importing currencies, while commodity exporters may find relief as crude surges with Brent trading above $100 a b…
U.S. stock futures slid as crude oil climbed above $100 per barrel and Treasury yields surged to multi-year highs. Investors are bracing for this week's FOMC meeting, with markets pricing in an 86.5%…
Brent and WTI crude surged as Middle East conflict escalates around the Strait of Hormuz with dimming ceasefire prospects. Standard Chartered projects persistent price spikes and tight middle distill…
US stock futures dropped Sunday ahead of the Federal Reserve's upcoming rate decision, weighed down by higher Treasury yields. Concurrently, crude oil rallied more than 2%, lifting Brent above $106 a…