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Energy
Why mega-merger speculation between Shell and BP is raising eyebrows
British oil giant Shell on Thursday said it has "no intention" of making an offer for its embattled domestic rival BP , further distancing itself from reports of a blockbuster…
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Core Scientific shares surge on report of buyout talks with CoreWeave
Piotr Swiat | Lightrocket | Getty ImagesCore Scientific shares surged 35% on Thursday following a report from The Wall Street Journal that artificial intelligence infrastructure…
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Trump wields sweeping veto power over U.S. Steel with ‘golden share’
U.S. President Donald Trump walks as workers react at U.S. Steel Corporation–Irvin Works in West Mifflin, Pennsylvania, U.S., May 30, 2025. Leah Millis | ReutersPresident Donald…
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Trump administration moves to count crypto as a federal mortgage asset
In a landmark shift for the U.S. housing finance system, the Federal Housing Finance Agency has issued a directive ordering Fannie Mae and Freddie Mac to formally consider…
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U.S. crude oil rises 1% after selloff following Israel-Iran ceasefire
U.S. crude oil futures rose 1% on Wednesday, after the Iran-Israel ceasefire triggered a steep selloff earlier this week.U.S. West Texas Intermediate futures contracts rose 65…
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Investors bet the fragile ceasefire would hold
US President Donald Trump speaks to reporters about the Israel-Iran conflict, aboard Air Force One on June 24, 2025, while traveling to attend the NATO's Heads of State and…
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Oil prices fall after Trump says China can continue buying oil from Iran
Oil prices fell sharply Tuesday after President Donald Trump said China can keep buying oil from Iran, a sign that the U.S. is easing its maximum pressure campaign on the…
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The strange times of missiles-led ‘peace’
US President Donald Trump (L) greets Secretary of Defense Pete Hegseth as he arrives to address troops at the Al-Udeid air base southwest of Doha on May 15, 2025. Brendan…
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Oil falls as investors dismiss risk that Iran could disrupt supplies
Oil prices fell Monday as investors brushed off the risk of Iran disrupting Middle East crude supplies, following a direct U.S. attack on the Islamic Republic's key nuclear…
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U.S. joins Iran-Israel war stoking worries about oil volatility
Oil prices jumped more than 7% on Friday, hitting their highest in months after Israel said it struck Iran, dramatically escalating tensions in the Middle East and raising…
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