Oil Prices
October CPI to Test December Fed Hike Bets After Tech Selloff
Markets put the chance of a December Federal Reserve rate hike near 80% as investors await Tuesday's U.S. inflation report. The release follows steep technology-stock losses, with AI earnings and threats to oil shipments also set to shape the week.
Dow Surges 1,569 Points After Democrats Take Congress
Democratic victories in the House and Senate sent US stocks sharply higher on November 4, 2026. The Dow Jones Industrial Average finished at 53,356.12, up 1,569.40 points, or 3.03%—its largest one-day gain following a midterm election since 1982, accor...
Iran Welcomes Trump's Midterm Losses While Bracing for Possible Strikes
Iranian leaders portrayed Democrats' capture of Congress as an American rejection of President Donald Trump's war against Iran. Behind the celebratory statements, however, Tehran remained on high alert: two senior Iranian sources told Reuters that offi...
Trump Claims Nearly $10 Oil Price Drop as Iran Talks Advance
Donald Trump attributed a nearly $10-per-barrel decline in oil prices to hopes for a settlement with Iran as US midterm elections are underway. Washington and Tehran have reported diplomatic progress, but Iran retains conditions for an agreement, and T...
Gibson Energy reports record Q3 adjusted EBITDA, approves Chauvin expansion
Gibson Energy reported record consolidated adjusted EBITDA of C$193 million for the third quarter of 2026, up C$46 million from a year earlier. Alongside its November 2 results, the company approved a pipeline expansion at Chauvin and declared a quarte...
Intel's Record Drop Leads Tech Selloff as October Trading Nears Its End
Disappointing earnings from Intel and Amazon drove U.S. stocks lower on Oct. 30, 2026, with Intel falling about 29% and the Nasdaq 100 losing 3.5%. A Barron's market snapshot also showed steep declines in stock futures, led by Nasdaq futures.
Boeing's Irish unit warns of airline financial risks as fuel costs rise
War in the Middle East, other geopolitical tensions and trade tariffs are clouding the financial outlook for some airlines and regions, Boeing's Irish unit has warned. European carriers are reducing winter flying as they contend with high fuel costs.
China's Strategic Gas Reserves Reach 80% Ahead of Winter, Easing Global Supply Concerns
China has filled underground gas storage to 80% by late September through early stockpiling efforts, potentially reducing competition for spot LNG supplies and providing relief to European and Asian markets facing disruptions from the Middle East crisi...
Asian Bonds Face Deepening Losses as Oil Prices Stoke Inflation Fears
A global bond selloff intensified in Asian markets as elevated oil prices fueled inflation concerns, pushing Treasury yields to multi-decade highs and reinforcing expectations for continued Federal Reserve rate increases....
Oil Trades Worth $2 Billion: The CE Energy File
Roughly $2 billion worth of oil, some $250 million in profit, 3.3 million tonnes of oil and petroleum products sold to customers in Nigeria, the Bahamas, Spain and Brazil
Jon Rahm secures third straight LIV Golf title as league faces uncertain financial future
Jon Rahm claimed his third consecutive season points championship at LIV Golf's Indianapolis finale, but the Saudi-backed league's future remains unclear after its primary investor announced it would end funding following this season....