Oil Prices Rise 3% as Iran War Stand-off Persists
Summary Trump unhappy with latest Iranian proposal to end war stalemate Iranian oil tankers turned back by US blockade ADNOC LNG tanker crosses Hormuz for first time since Iran war…
United Ends Pursuit of American Airlines After Merger Approach Rebuffed
By and American declined to engage with United approach United CEO said deal would have been good for US jobs, economy Trump said he did not support a merger WASHINGTON,…
OpenAI Breaks Off Microsoft Exclusivity to Free up Path for Amazon, Google Deals
By , and OpenAI can now sell products on Amazon and Google Cloud, expanding enterprise reach Microsoft aims to reduce reliance on OpenAI by developing its own AI models Ending…
Fed Likely to Hold Rates Steady as Powell Prepares for Possible Swan Song
By Fed officials will decide whether to signal possible rate hikes amid oil shock Warsh confirmation may move forward after end of Powell probe Powell could still remain on Fed’s…
Citi Raises Brent Forecast for 2026; Sees $150 Oil if Hormuz Disruption Persists
Citi raised its outlook for average Brent crude prices for the rest of 2026 late on Sunday, warning prices could surge to $150 a barrel if oil flows through the…
Oil Up as US-Iran Peace Talks Stall…Again
Get the Latest US Focused Energy News Delivered to You! It’s FREE: Summary Trump says Iran can call if it wants to talk Iranian envoy shuttles between Pakistan, Oman and…
Goldman Sachs Raises Oil Price Forecasts on Tight Supply
Goldman Sachs raises oil price forecasts on tight supply Goldman Sachs has raised its oil price forecasts for the fourth quarter to $90 a barrel for Brent crude and $83…
Iran Peace Hopes Fade as Trump Scraps Talks
Hopes of a diplomatic breakthrough in the U.S.-Israeli war with Iran faded on Sunday, as efforts to revive talks stalled and both Tehran and Washington showed little sign of softening…
Trump Tells Fox News Iran Can Call US if it Wants to Negotiate
President Donald Trump said on Sunday that Iran can reach out to the United Stated if it wants to negotiate an end to the war between the two countries. “If…
SLB, Baker Hughes See Oil Exploration Spending Rising as Iran War Disrupts Supply
(Reuters) – Top oilfield services companies SLB and Baker Hughes said on Friday they expect higher spending on oil exploration and production, as tighter global supplies driven by the Middle…
