Tag: @LCO26X
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The likelihood of a Fed interest rate hike next week just got a lot higher
Traders pushed chances for a rate increase to 70% in morning action.
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Wealthy investors seek oil and gas assets, but bargains are scarce
The Iran war and the AI boom have created a crowded market for mineral rights and other energy assets.
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CNBC Daily Open: The Trump ‘Dividend’: $5,000 for control of Congress
The promise of a payment, and a claim oil will “come tumbling down” are the key takeaways from President Trump’s speech at the Republican’s convention.
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CNBC Daily Open: Apple’s new iPhone bends. Bond vigilantes, not so much
Loads of new features, but guess what people were looking for? The crease, and how visible it is.
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Oil extends gains, with Brent above $101 after U.S. destroys Iranian oil tankers
Worries that escalating tensions in the Middle East could further exacerbate supply disruptions pushed oil prices higher.
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Bank of America CEO says the consumer remains resilient despite rising gas prices
Bank of America CEO Brian Moynihan said the bank’s data shows consumer spending and credit remain healthy despite rising gasoline prices.
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Trump says oil and gas prices won’t fall until ‘right after’ midterm election
President Donald Trump said energy prices that have been elevated due to the Iran war will not come down until after the midterm elections.
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CNBC Daily Open: Gulf strikes jolt oil toward triple digits
The U.S. and Iran trade attacks on vessels and tankers in the Strait of Hormuz, sending oil higher and stocks lower.
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China’s wholesale inflation tops estimates in August on commodity costs, tech demand as consumer price increases meet forecast
Much of the anticipated pickup reflects a favorable base-effect comparison and higher commodity costs, rather than a genuine strengthening in household demand.
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Brent crude nears $100 a barrel as U.S.-Iran tit-for-tat strikes stoke supply worries
Oil prices rose on Wednesday as escalating tensions between the U.S. and Iran fueled concerns over further disruptions to Middle East energy supplies,
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