Elliott Says Phillips 66 Share Price Could hit $200 if Changes are Made
Elliott Investment Management said on Thursday that Phillips 66’s stock price could nearly double to $200 if the oil refiner sells or spins off its midstream business and puts more…
March Madness Replaced by Trump Madness: US Stocks Post Biggest Drop Since 2020, Dollar Falls as Trump Tariffs Fuel Recession Fe…
Grim looking Stock Trader Major U.S. stock indexes registered their biggest daily percentage drops since 2020 on Thursday and the dollar weakened as U.S. President Donald Trump’s drastic trade tariffs…
US Plans to Develop AI Projects on Energy Department Lands
By WASHINGTON, April 3 (Reuters) – The administration of President Donald Trump said on Thursday it has identified 16 potential sites on U.S. Department of Energy lands where data centers…
Russia Says U.S. Threats of Military Strikes Against Iran Are Unacceptable
(Reuters) – Russia said on Thursday that threats of military strikes against its ally Iran were unacceptable and warned that attacking the Islamic Republic could lead to potentially catastrophic results…
Oil Dives More Than 6%, Steepest Fall in 3 Years on Tariffs, OPEC+ Supply Boost
Summary • Brent, WTI down more than 7%• Trump to impose 10% minimum tariff on most import goods• Imports of oil, gas, refined products exempted from new tariffs• OPEC+ to…
Oil Slumps 6% on Trump Tariffs, OPEC+ Speeding up Output Hikes
Summary • Brent, WTI sink by 6%• Trump to impose 10% minimum tariff on most import goods• Imports of oil, gas, refined products exempted from new tariffs• OPEC+ to bring…
Canada’s Trans Mountain Pipeline Lowers Forecasts for Amount of Oil it Ships
By Construction cost overruns boosted fees for shipping oil on line Regulators will hold hearing on whether higher costs are fair Potential US tariffs may still boost Trans-Mountain’s appeal CALGARY,…
Oil and Gas Got Off Easy on Trump’s Liberation Day
Summary Oil, gas exempt from Trump’s import tariffs US remains dominant in global energy markets Countries may increase US energy purchases to offset tariffs LONDON, April 3 – President Donald…
US Businesses Brace for More Pain as Trump Rolls Out Reciprocal Tariffs
The U.S. will now impose a 10% baseline tariff on all imports to the country effective April 5 and higher duties on several of its biggest trading partners. The levies…
Tesla Sales Tumble 13% as Musk Backlash, Competition and Aging Lineup Turn Off Buyers
By Bernard Condon Original: Tesla sales fell 13 per cent in the first three months of the year, another sign that Elon Musk’s once high-flying electric car company is struggling…
