Oil Edges Lower
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Oil prices settle lower as traders fret over the outlook for demand
Oil futures finished lower Tuesday to notch back-to-back session losses, with traders concerned about the outlook for crude demand as the Federal Reserve maintains higher interest rates.MarketWatch - Business -
Oil prices finish lower, giving up early gains seen after death of Iran’s president
Oil futures settled lower on Monday, giving up early gains that had been tied to potential risks to global crude supplies following the death of Iran’s president in a helicopter crash and concerns about the health of Saudi Arabia’s king.MarketWatch - Business -
Oil prices drift lower but remain stuck in narrow range as market struggles to find catalysts
U.S. crude oil and global benchmark Brent have traded in a $3 range this month since selling off from April highs.CNBC - Business -
Verstappen edges Piastri to take Imola pole - reaction
Follow live text updates and online-only BBC radio commentary from qualifying for the Emilia Romagna Grand Prix at Imola.BBC News - Top stories -
Netanyahu's Main Challenger Loses His Edge
Benny Gantz’s lack of decisiveness is alienating Israeli voters and costing him support in opinion polls.The Wall Street Journal - World - Israel -
Dow Edges Higher With Retail Earnings in Focus
Stock indexes were mixed, with the Dow inching higher after retreating from the 40000 mark on Monday.The Wall Street Journal - World -
Niger’s first oil exports
The west African country is on the verge of becoming a regional oil majorFinancial Times - World -
Comex Gold, Silver Settle Lower
Gold fell 0.5% from its record high to settle at $2,421.70 per troy ounce.The Wall Street Journal - World -
Wildfires rage in Canada’s oil hub
Blazes put more than 2mn barrels a day of supply at risk amid geopolitical tensions in Middle East and RussiaFinancial Times - World -
As Trump Trial Nears Its End, the Law May Give Prosecutors an Edge
The former president’s defense appeared to chip away at Michael Cohen’s credibility, but legal experts said the case is still the prosecution’s to lose.The New York Times - Top stories - Donald Trump -
Bezos's Blue Origin sends first crew to edge of space since 2022
Blue Origin, Jeff Bezos’s rocket company, sent its first crew into space in nearly two years, after a failed, uncrewed test flight in 2022 temporarily grounded passenger flights. The New Shepard rocket successfully completed its 25th mission into ...The Hill - Politics -
Keller pitches 6 effective innings as the Pirates edge the Cubs 3-2
Mitch Keller pitched six effective innings, Nick Gonzales hit a key two-run single and the Pittsburgh Pirates beat the Chicago Cubs 3-2ABC News - Sports - MLB -
The Middle East is roiling — the death of Iran’s president could push it over the edge
The death of the president of Iran, in and of itself, may not be monumental. But it marks a moment in international relations when all of us should pay renewed attention — or ignore it at our peril.The Hill - Politics -
Comex Gold Settles Lower, Silver Rises
Gold settled 0.4% lower, snapping a two-session winning streak, and silver rose 0.5%, up for a third consecutive session.The Wall Street Journal - World -
Target lowering prices on 5,000 frequently bought items
Target said Monday it will lower prices on approximately 5,000 frequently bought items as it seeks to stay competitive amid signs consumers are experiencing price fatigue.NBC News - Top stories -
Oil Prices Rise But Stay Stuck in Narrow Range
Oil futures edged higher with the market awaiting OPEC’s next move, with three possible scenarios for the June 1 meeting—extend, unwind or completely remove the voluntary cuts of 2.2 million barrels a day.The Wall Street Journal - World -
Oil Falls on Concerns of Higher-for-Longer U.S. Rates
Oil prices declined as some Fed officials remain cautious on the recent easing of inflation, prompting concerns that U.S. interest rates could stay high for longer.The Wall Street Journal - World -
Biden and Big Oil Had a Truce. Now, It’s Collapsing.
Companies were enjoying record profits. But the president’s decision to pause permits for gas export terminals has whipped up industry support, and donations, for Donald Trump.The New York Times - Top stories - Joe Biden -
Fashion designer styled Tyson Fury before boxing match hopes clothes gives champion an edge
Fashion designer who styled heavyweight champion Tyson Fury before his boxing match in Saudi Arabia against Oleksandr Usyk hopes clothes will give him an edge.CBS News - Top stories - Boxing -
Fashion designer styled Tyson Fury before boxing match hopes clothes gives champion an edge
Fashion designer who styled heavyweight champion Tyson Fury before his boxing match in Saudi Arabia against Oleksandr Usyk hopes clothes will give him an edge.CBS News - Entertainment - Boxing -
Bezos' Blue Origin Returns Tourists to Edge of Space in First Launch Since 2022 Grounding
Crew included 90-year-old Ed Dwight, the first black astronaut candidate from 1961, making him the oldest person to go into space.Inc. - Business -
Biden holds big cash edge as Trump's new-look RNC steps up fundraising
Donald Trump and the Republican Party are stepping up their fundraising, new reports show — but Joe Biden and Democrats maintained a healthy cash edge in April.NBC News - Politics - Joe Biden -
S&P 500 attempts fresh peak as U.S. stocks edge higher ahead of Nvidia earnings
U.S. stocks were edging higher on Tuesday, as investor anticipation runs high for upcoming earnings results from Nvidia Corp.MarketWatch - Business -
Case Against Lodi, a Top NYC Restaurant, Could Lower Barriers to Unions
The National Labor Relations Board says the management at Lodi unlawfully fought a union drive. If the allegations are upheld, the board could force the company to bargain.The New York Times - Top stories -
Deere’s stock slides after agriculture equipment maker again lowers guidance
Deere & Co. Inc.’s stock tumbled 3.5% early Thursday, after the maker of agricultural and construction machinery posted better-than-expected earnings for its fiscal second quarter but offered guidance that fell short of estimates.MarketWatch - Business -
Natural Gas Up Amid Lower-Than-Expected Inventory Build
Natural gas prices rose for a second consecutive day as U.S. storage grew less than expected.The Wall Street Journal - World -
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Robinhood introduces lower margin rates in bid to wow advanced traders
Robinhood announces new margin rates.MarketWatch - Business -
High cost of drugs like Ozempic a struggle for lower-income patients
Rising prices, insurance hurdles and a supply shortage can make access difficult for people who rely on drugs like Ozempic for diabetes and obesity, especially low-income patients. Renu Rayasam, senior correspondent with KFF Health News, joined ...CBS News - Top stories -
Here’s what the U.S. government is doing to help lower gasoline prices
Gasoline prices at the pump are little changed from a year ago, but the Biden administration on Tuesday said it’s taking action to help lower prices at the pump for the summer.MarketWatch - Business -
Biden administration releases 1M barrels of reserve gasoline in effort to lower prices
The Biden administration is releasing about 1 million barrels of reserve gasoline supplies as part of an effort to bring down prices at the pump in the Northeastern U.S. In a statement on the announcement, Energy Secretary Jennifer Granholm said ...The Hill - Politics - Joe Biden -
Oil prices rise as crude inventories fall and U.S. inflation eases
West Texas Intermediate and Brent are flat for the week. The contracts have lost 4% and 5.8%, respectively, for the month.CNBC - Business -
Chevron to sell UK North Sea assets as it exits ageing oil basin
Company to focus on newer oilfields, bringing to an end more than 55 years of operations in regionFinancial Times - Business - United Kingdom -
Collusion claims in US oil must reckon with record production
It should be no surprise that Texans are themselves capitalists firstFinancial Times - World -
Chevron to sell off its remaining North Sea oil and gas fields
US company denies decision is linked to UK’s 35% windfall tax on North Sea producers. Chevron is preparing to call time on more than five decades in the North Sea with a plan to sell its remaining oil and gas fields in the ageing oil basin.. The ...The Guardian - World -
Oil Prices Rise on Positive Inflation Data, Stockpile Falls
Oil prices rose, with positive sentiment supported by positive economic data and a fall in inventories.The Wall Street Journal - World -
Texas barge crash spills "environmentally toxic" oil into water
The barge was carrying vacuum gas oil, which has been linked to skin cancer and lung issues and is considered "environmentally toxic."CBS News - Top stories -
Martin Rowson on climate change, and the price of olive oil – cartoon
Continue reading...The Guardian - World - Climate -
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Latest Houthi strike in Red Sea hits oil tanker: US officials
The latest attack by Yemen's Houthi rebels in the Red Sea struck a Greek-owned and operated oil tanker with a ballistic missile early Saturday, according to U.S. officials. The Iranian-backed group hit the oil tanker Wind at around 1 a.m. local ...The Hill - Politics