The West Texas Intermediate and Brent crude contracts previously rose to near-seven-week highs.
OIL
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gyro Asian equities were positioned for a higher open Monday, while oil prices advanced as renewed fighting between the United States and Iran raised concerns about shipping disruptions and inflation.…
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Crypto Currency
From Bitcoin to oil, perpetual contracts are breaking into American financial markets
The Commodity Futures Trading Commission (CFTC) asked a federal court on Sept. 2 to dismiss CME’s challenge to Kalshi’s Bitcoin perpetual contract. The lawsuit turns on whether a contract without…
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Crypto Currency
Coinbase co-founder joins rush for Venezuelan oil assets under new US-backed framework
Coinbase co-founder Fred Ehrsam’s separate Venezuela investment firm, Primavera, is reportedly pursuing three oil assets as the country reallocates energy projects under a US-backed restructuring. Reuters reported on Sept. 2…
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SlavkoSereda/iStock via Getty Images Oil prices advanced more than 2% on Monday, with Brent crude climbing above $90 a barrel after U.S. forces struck two Iranian launchers on Larak Island…
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Justin Sullivan/Getty Images News Venezuela’s aging oil port terminals are essentially imposing export caps on the country’s resurgent crude production, with tankers having to wait up to 30 days to…
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A 2.2 million barrel per day gap has opened between major energy forecasting agencies in their assessments of 2026 global oil demand growth, according to a comparative analysis published by…
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Investment
The Daily Global Oil Deficit Is Even Higher Than Originally Projected, And That Means That The Energy Crisis Is About To Greatly Escalate
by Michael Since war with Iran erupted in February, the world has been using a lot more oil than it has been producing. The good news is that we had…
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Oil futures end down week on high note as Strait of Hormuz deal turns more uncertain
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Bitcoin saw new August highs into Tuesday’s Wall Street open as markets bet on US-Iran tensions again easing. Key points: Bitcoin (BTC) edges higher as optimism over the Strait of…
