AI Could Make Big Oil Even Bigger
AI is changing energy systems, but data centers are only a small part of the impact. Much has been written and said about how the data center and AI boom are co
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AI is changing energy systems, but data centers are only a small part of the impact. Much has been written and said about how the data center and AI boom are co
There have been perhaps a handful of events since the end of the Second World War that have fundamentally reshaped the world’s oil markets and consequently its
Crude oil prices extended their gains for the fourth day today as fresh tanker-tracking data suggests traffic via the Strait of Hormuz has slowed further amid h
Venezuela has signed deals with oilfield service major SLB and Hunt Oil Co. as part of efforts to boost investment in its key energy industry, Bloomberg reporte
Two Chinese very large crude carriers have made U-turns in the Strait of Hormuz, currently idling in the area, Bloomberg reported today, citing ship-tracking da
The price of Murban Crude, the flagship grade of the United Arab Emirates, surged to a four-month high this week, amid reports that the UAE’s national oil compa
Shares of Spain's Deoleo jumped on Wednesday morning amid an intensifying takeover battle for the world's largest olive oil bottler and marketer.
(Updates with economic data, recent oil price movement, world markets' overview and corporate stock
Strategic shortfalls? Maybe in getting cobalt out of the Congo or rare earth powders from China or natural gas from Russia or oil from the Persian Gulf? Or mayb
The proposed Libya–Egypt crude oil pipeline has, surprisingly quickly, entered a phase in which Cairo and Tripoli are actively discussing it. The pipeline, expe
U.S. oil companies dominating the shale patch are planning to trim their spending plans and instead take advantage of higher international oil prices to reduce
Declarations by Iran and the U.S. earlier this week make the prospect of peace in the Middle East even more distant, driving crude oil prices higher. Meanwhile,
Libya needs between $36 billion and $40 billion in foreign investment to expand its oil industry and raise output to 2 million barrels daily by the early 2030s,
The Iran-aligned Houthi group on Tuesday claimed it had targeted Saudi Aramco’s Jazan oil refinery on Red Sea coast in southwest Saudi Arabia, in what was the t
The U.S. 30-year Treasury yield hit its highest since 2007 and Brent crude topped $91 as the Iran conflict escalates, pressuring stocks. Bitcoin is holding its
BTC has dropped 0.6% since midnight UTC as Nasdaq 100 futures slip 1.1%, with the FOMC's July meeting minutes and a White House crypto summit both due Wednesday

Bitcoin price strength saw BTC/USD pass $64,000 on 2% daily gains as gold pushed higher while US stocks wobbled on fresh US-Iran rhetoric.
The president said the critical Strait of Hormuz was “open,” but the latest shipping traffic data didn’t appear to support his claim.
Ahead of the bell Good morning. If you were hoping for a quiet Tuesday, the futures screen has other ideas. US stock futures are pointing lower, with the Nasdaq
The London Company, an investment management company, released its second-quarter 2026 investor letter for its “The London Company Income Equity Strategy”. A co