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22 results for “oil”

Traders on an energy trading floor watch steep falling price charts on large curved monitors

Oil's 7.6% Plunge Tests the Iran Peace Rally

Brent settled $8.66 lower at $104.77 on Monday — its biggest daily drop since July — as a US-Iran peace plan draft circulated. WTI bounced 1.65% by Tuesday.

Amara OkaforNovember 3, 20268 min read

An oil tanker crossing calm dark waters at dawn

Energy

Oil Falls Below $112 as Iran Talks Shift the War Premium

Brent fell $1.51 to $111.92 a barrel as Iran peace talks unwind the war premium. The arithmetic says roughly $43 of every barrel is still fear.

Amara OkaforNovember 2, 20268 min read

A data center under construction with storm clouds gathering above

TechnologyAnalysis

Big Tech's $800 Billion AI Bet Meets a Market in Retreat

Five hyperscalers have committed $800.6 billion to AI spending in 2027. After Friday's $1 trillion tech wipeout, investors want to know who pays for it.

James WhitfieldNovember 2, 20269 min read

Stacked gold bars in shadow on a trading desk, with amber crude oil glowing in the background

MarketsAnalysis

Why Is Gold Falling Despite War? Worst October Since 2008

Gold should have thrived on war, falling yields and a softer dollar this week. Instead, the gold price fell below $4,000 and closed its worst October since 2008.

James WhitfieldNovember 1, 202612 min read

An offshore oil platform with a burning flare stack in a grey sea at dusk, with a large crude oil tanker anchored nearby

EnergyAnalysis

Oil Ends October Above $100 on Iran War Premium

WTI crude ended October 2026 at $102.95 with Brent near $113.10 as the Iran war premium hardened — and the bill is arriving at the pump.

Amara OkaforOctober 31, 20267 min read

Executives silhouetted in a boardroom above a New York-style skyline, with a glowing cloud-shaped data centre on the table

Companies

Amazon's Record Cloud Growth Can't Calm AI Capex Fears

Amazon's Q3 2026 earnings: AWS growth was the fastest in five years, yet the AI capital spending reaction sank the stock. Capex is now the market's metric.

Amara OkaforOctober 31, 20267 min read

Container ship loaded by gantry cranes at a US port at dusk, an American flag flying over the terminal

Trade

US Extends China Tariff Truce for Two More Months

USTR's proposed two-month Section 301 China tariff suspension extension pushes the deadline past November 9 — what importers must fix before January.

James WhitfieldOctober 31, 20268 min read

Oil rigs in Saudi Arabia desert with industrial equipment in operation

Energy

Saudi Arabia Drives a September Surge in OPEC+ Output

Saudi Arabia's oil production jumped by over 2 million barrels per day in September, pushing OPEC+ output higher despite geopolitical disruptions.

James WhitfieldOctober 30, 20268 min read

A graph showing upward trend of inflation rate with energy cost spike highlighted

Economy

US Inflation Re-Accelerates to 3.7% as Energy Costs Climb

The latest CPI data shows inflation picking up again, complicating the Fed's path and squeezing household budgets.

James WhitfieldOctober 30, 20268 min read

Rows of large white crude oil storage tanks at a European strategic reserve terminal, with pipelines running toward a distant industrial port under an overcast autumn sky

Energy

Europe to Release 42 Million Barrels as Iran War Inflates $11 Billion Monthly Oil Bill

Europe will release 42 million barrels of oil, per OilPrice, as the Iran war adds $11 billion a month to the EU's import bill. Inside the mechanics of strategic-reserve releases, why this one is sized the way it is, and what it can and cannot fix.

Amara OkaforOctober 29, 202613 min read