Stock Market
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The Economic and Market Impact of US-Iran Military Strikes on Oil
WASHINGTON, July 20 — The opening salvos in the latest US-Iran confrontation sent global oil prices climbing on…
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US Strategic Petroleum Reserve Drops From 638 Million Barrels In 2020 To 351 Million
WASHINGTON, July 19 — The Strategic Petroleum Reserve sits at roughly half its size from just a few…
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Alberta, Federal Government Clash Over Pipeline Debate
EDMONTON, July 19 — Alberta holds 158.9 billion barrels of oil reserves, the bulk of them in the…
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West Texas Intermediate crude prices fluctuate amid SPR drawdowns
NEW YORK, July 19 — The figure that matters: 3 million barrels. That is the size of the…
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Jennifer Granholm oversees SPR drawdown and replenishment policy
WASHINGTON, July 19 — The Strategic Petroleum Reserve, the United States’ emergency stockpile of crude oil, has fallen…
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SpaceX’s $86B IPO ends 20 years of private tech milestones
STARBASE, Texas, July 18 — SpaceX has completed its evolution from a scrappy startup founded in 2002 to…
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SpaceX Starlink leads global race for space-based internet
WASHINGTON, July 15 — The race to wire the world from space is no longer a theoretical contest…
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Elon Musk’s $4.5T Market Cap Fuels Satellite Internet Revenue
SEATTLE, July 15 — The numbers are striking, and they tell a story of two very different paths…
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The Economics of Oil: From Price Shocks to the Petrocurrency System
LONDON, July 14 — The mechanism that has underpinned global oil trade for half a century is the…
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OPEC and the Geopolitics of Oil: How a Cartel Shapes Global Power
VIENNA, July 14 — The Organization of the Petroleum Exporting Countries, the cartel that controls a massive share…
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SpaceX Stock Plunges Amid Blue Origin Rocket Breakthrough Achievement
HAWTHORNE, Calif., July 14 — $78 per share. That is the figure that matters for SpaceX investors looking…
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SpaceX Secondary Market Valuation Drops 40% to $108 Billion
LOS ANGELES, July 14 — For investors looking to get a piece of SpaceX, the path has never…
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SpaceX SPV Share Price Falls to $45.20 Low, Erasing $15 Billion
HAWTHORNE, Calif., July 14 — SpaceX’s secondary-market valuation has taken a significant hit, with its special purpose vehicle…
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Oil prices dip as Hormuz transit fee plans scrapped
LONDON, July 14 — The global shipping industry and oil markets are breathing a collective sigh of relief…
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Iran Sanctions, War Risk Threaten Global Oil Prices
TEHRAN, July 14 — Iran’s oil exports have been slashed to a fraction of their former volume, and…
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Robin Zeng’s CATL dominates global EV battery market
NINGDE, China, July 13 — CATL founder and chairman Zeng Yuqun, known in the West as Robin Zeng,…
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Brent Crude Surges After Strait of Hormuz Toll Incident
DUBAI, April 22 — The rumble of tanker engines idling in the Strait of Hormuz is the sound…
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U.S. Proposes Strait of Hormuz Oil Transit Levy, Global Markets Brace for Impact
WASHINGTON, July 13 — The United States is considering a maritime blockade of a strategic strait, a move…
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Ukrainian Strikes on Shadow Fleet Raise Global Oil Prices
LONDON, July 13 — The shift is already underway in global oil markets, and it is being driven…
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Trump’s naval blockade threatens global oil surge to $100
WASHINGTON, July 13 — The economic and military aftershocks of President Donald Trump’s March 20 announcement of a…
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Iran Threatens Strait of Hormuz, Sending Shockwaves Through Energy Markets
WASHINGTON, July 13 — A familiar shadow falls again across one of the world’s most critical waterways. Iran…
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Ukrainian Strikes on Russian Oil Infrastructure Impact Markets
MOSCOW, July 13 — Ukraine’s campaign of drone strikes against Russian oil infrastructure is exacting a measurable toll…
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Oil prices surge after U.S. targets Venezuela’s energy sector
WASHINGTON, July 12 — The geopolitical chessboard around global oil supply shifted again this week as a new…
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Strait of Hormuz Closure Disrupts Global Oil Markets and Prices
LONDON, July 12 — Oil markets have been on edge since late April, when Iran’s Islamic Revolutionary Guard…
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