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Crude oil recovered to close higher amid pre-holiday short covering, ongoing US-Iran tensions, and Russian refinery outages. Bullish drivers like dropping Saudi exports and worsening supply deficits …
Trump's deal for massive Venezuelan reserves aims to refill the depleted SPR cheaply. However, Venezuelan infrastructure is crippled, requiring multiyear development. Additionally, Venezuelan heavy c…
Markets face pivotal week with July CPI/PPI inflation data, retail sales, and earnings from AMAT, CrowdStrike, Cisco. Geopolitical tensions in Middle East threaten energy stability, complicating Fed …
Gold futures dipped 0.5% at open to $4,133.80 but rebounded to $4,245.80 amid potential Strait of Hormuz reopening. Markets await Friday's jobs report and Fed rate decisions.
PBF Energy's Q2 2026 report shows significant debt reduction and strong cash flow, bolstered by elevated refining margins expected to persist due to geopolitical disruptions and low global inventorie…