Goldman Raises Oil Price Forecast for December as War Risks Cloud 2027 Outlook
The investment bank now expects Brent crude, the international benchmark, to reach $105 a barrel in December, up from its previous forecast of $90.
Hormuz Oil Flows Are Near Prewar Levels. Consumers Are Unlikely To See Relief Soon.
Nearly 12.5 million barrels per day moved through the Strait of Hormuz during the week ending September 27, about 1 million barrels below its prewar baseline. But prices are still much higher than then.
Gold Is Down 10% in Six Months: Morgan Stanley Says 3 Forces Could Support a Comeback.
They are persistent demand from central banks and China, concerns over government debt and fiscal sustainability, and the possibility that easing inflation pressures eventually push bond yields lower.
Trump Slashes Fuel Economy Standards: Critics Warn Drivers Will Burn More Gas as Prices Soar
CAFE standards, created following the 1970s energy crisis, regulate how far vehicles must travel on a gallon of fuel.
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Meta's Muse Is Emerging as an AI Powerhouse. JPMorgan Sees Massive Potential and Raises Its Stock Price Target.
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Brent Oil Could Skyrocket Past $150 If Wars Continue. Bank of America Warns Supply Crunch Could Last Into 2027.
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AMD Is The Latest Company To Join the $1 Trillion Club. AI Boom Fuels 24% Five-Day Stock Rally.
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Morgan Stanley Names Some Of Its Buys as Wall Street Spots Opportunity in Beaten-Down Stocks
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Health-Tracking Ring Maker Oura Launches $2.2 Billion IPO, Sets $40 to $44 Share Price
The company plans to market 50 million shares, according to an amended registration statement filed Monday with the U.S. Securities and Exchange Commission.
The Energy Industry Keeps Taking Hits. Analysts Are Bracing For Higher Costs For Longer.
Damage to Saudi Arabia's East-West pipeline, a key alternative route for transporting crude oil around the Strait, has raised concerns that fuel markets could face prolonged pressure.
Oil and Treasury Yields Are Suddenly Moving Together. Why That Could Spell Trouble for Stocks.
The one-month rolling correlation between front-month West Texas Intermediate crude oil and the benchmark 10-year Treasury yield has climbed to 0.96.
Oil Is Moving Through the Strait of Hormuz Again, But Not as Much as Trump Says: Report
Trump said on August 31 that the strait had been averaging "30 ships a night."
Core Inflation Rose More Than Expected In August As Price Pressures Remain High
The headline figure climbed 0.4% last month, in line with expectations.
Middle East Clashes Again Push Oil Toward $100. Goldman Sachs Raises Forecasts a Path To $120.
The immediate catalyst was a wave of Houthi attacks on southern Saudi Arabia.
Gas Prices Are Still Squeezing American Families. Prices Could Increase Further In The Fall.
Diesel reached a record national average of $5.90 a gallon on Labor Day, increasing costs for freight and deliveries that can eventually reach consumers through food and other goods.
Trump Says Oil Is Flowing Through Hormuz. Independent Trackers Show a Different Picture.
The Trump administration maintains that the U.S. Navy is assisting dozens of ships through the waterway at night and that many of those movements are not detected by commercial tracking services.
Trump Says Venezuela Oil Deal Will Lower Gas Prices. Industry Experts Say It Wouldn't Happen Quickly.
The agreement gives the U.S. government a 35 percent stake in North American Blue Energy Partners.
OPEC+ Can't Control Oil Prices Like It Used To. China Is Filling the Power Vacuum.
Production announcements that once could send oil prices soaring or tumbling are having far less impact.
S&P 500 Pullback Puts Bulls on Alert About Whether The 8,000 Level Is Still Within Reach
The benchmark index stands below 7,700 on Wednesday.
Diesel Prices Are Soaring. Here's Why the Cost of Almost Everything Could Rise Next.
Diesel futures have climbed to roughly $100 above crude oil prices, an unusually wide gap that reflects a global shortage of refinery capacity rather than simply a lack of crude.
Investors Are Betting Against a Fed Rate Hike. Wall Street Is Showing Broad Bullishness.
Cash levels among fund managers have fallen to just 3.5%, well below Bank of America's 4% threshold for what the firm considers a contrarian "sell signal."
Refiner Stocks Have Soared More Than 80% in 2026. The Last 5 Times This Happened, They Fell Later.
Marathon Petroleum, Valero Energy and HF Sinclair have each surged more than 80% this year, compared with an approximately 11% gain for the S&P 500.
30-Year Treasury Yield Hits 19-Year High. Wall Street Warns It Could Surge Further.
The Treasury yield rise is drawing attention not only because of its size, but because yields have continued to rise despite signs that parts of the U.S. economy are cooling.
Anthropic's Revenue Is Running at $47 Billion. Wall Street Is Already Pricing a Fivefold Increase By 2028.
Bankers and investors are using revenue estimates two years into the future to determine how much the AI company could be worth.
Inflation Eased Again in July. But The Middle East Energy Shock Is Putting The Relief at Risk.
The Consumer Price Index rose just 0.1% in July after declining 0.4% in June, and annual inflation eased to 3.4% from 3.5% the previous month. PPI prices were also below expectations.
The World Is Running Short on Diesel. Major Conflicts Are Making It Worse.
A new analysis found that refineries worldwide processed 7.5 million fewer barrels of crude per day last month than during the same period last year.
Gold Keeps Rebounding As China's Buying Spree Helps Fuel the Rally
The rally marks a significant turnaround for an asset that had struggled following the outbreak of the war with Iran despite its traditional reputation as a haven.
A Prolonged Hormuz Closure Could Send Crude to $140 As U.S.-Iran Deal Remains Elusive
Oil prices remain far below the surge above $100 a barrel last month and the peak of more than $110 reached in May, but analysts say the relative calm may become increasingly difficult to sustain.
What Means That Americans May Have to Wait Longer for Rate Relief
The Fed has held its benchmark interest rate steady throughout 2026 as policymakers weigh persistent inflation against signs that the labor market and broader economy are losing momentum.
Food Prices Keep Squeezing Americans. A New Report Says Groceries Affordability Is the Nation's Biggest Challenge
A survey of 30,000 Americans across income groups showed that 90% of respondents identified groceries and food prices as one of their biggest financial worries.
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