Oil

Oil
Oil

Commodity wrap: storm, supply woes lift oil; gold eases but remains near highs

Oil prices jumped on Tuesday as a massive storm hit crude production and operations at refineries in the US Gulf Coast.  Meanwhile, gold prices fell, but remained near their recent record highs above the $5,100 per ounce level.  Silver prices on COMEX also fell sharply after hitting a record high of $113.438 per ounce earlier

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Oil

Severe storms cripple European shipping, Maersk operations halted

Maersk, a major container shipping company, announced that severe weather, specifically heavy storms and snowfall, is causing significant disruption to its cargo operations across a large area of Europe.  The impact is being felt across south-west and western Europe, affecting the seamless flow of goods, according to a Reuters report.  Furthermore, the adverse weather conditions

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Oil

Shell and BP seek US licenses for shared Trinidad-Venezuela gas fields

Shell and BP are actively pursuing US licenses to begin extracting natural gas from shared fields in Trinidad and Tobago and Venezuela, the Caribbean country’s energy minister Roodal Moonilal announced on Wednesday, according to a Reuters report. As Latin America’s top exporter of liquefied natural gas and a major global supplier of ammonia and methanol,

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Oil

ASTER price rallies amid buybacks and CZ backing: key levels to watch

Aster (ASTER) has seen renewed momentum in recent days. The cryptocurrency is currently trading at around $0.653, marking a 5.8% gain over the past 24 hours, adding to its 8.6% weekly gain, though it remains down 9.2% over the past month. Aster buyback program On January 19, 2026, Aster activated a new on-chain buyback program,

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Oil

General Motors posts earnings beat, issues upbeat guidance for 2026

General Motors ended the fourth quarter with stronger-than-expected earnings. The Detroit automaker beat Wall Street profit estimates, lifted shareholder payouts, and issued guidance pointing to another solid year ahead. At the same time, GM’s results laid bare the cost of scaling back its electric vehicle ambitions and restructuring its China operations, which together triggered billions

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Oil

Salesforce stock chart points to a dive despite the $5.6 billion Army deal

Salesforce’s stock price has crawled back in the past few days after the company received a major deal from the US Army. CRM rose to $230, up slightly from the year-to-date low of $220. It remains ~38% below its highest point in December 2024. Salesforce scores big US Army contract Salesforce, the giant company in

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Oil

Dow Jones Index futures today: eyes all-time high ahead of key catalysts

The Dow Jones Index Futures rose and is nearing the all-time high as investors waited for key earnings from its constituent companies, the Federal Reserve interest rate decision, and the potential government shutdown. It rose to $49,412, a few points below the all-time high of $49,630. Dow Jones Index waits for key corporate earnings  The

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Oil

UK partners with Meta to develop sovereign AI tools for transport and defence

The UK government is stepping up its push to build sovereign artificial intelligence capabilities, announcing a new partnership with Meta to develop open-source AI tools for transport, public safety, and defence. The initiative, as reported by Reuters, reflects a broader effort to embed AI directly into government operations while keeping control of data, systems, and

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Oil

BNB probing $915 resistance: can Binance Coin break $1K in 2026?

Binance Coin (BNB) is currently testing a critical resistance zone near $915. The cryptocurrency, which is the native token within the Binance ecosystem, has seen modest gains over the past 24 hours, trading around $880.18. The altcoin’s price has risen by 0.8% in a day, reflecting cautious optimism among traders. The 24-hour trading range has fluctuated

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Oil

Pinterest stock: why layoffs could drive it much higher in 2026

Pinterest Inc (NYSE: PINS) is in focus this morning after the social media platform said it will lay off nearly 15% of its workforce and downsize office space considerably to “reallocate resources”. The visual search engine believes these cuts will be completed by late September, and result in up to $45 million of pre-tax restructuring

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