OPEC drama threatens oil production promises
Ahead of OPEC's meeting, Kuwait is stirring the pot throwing into doubt promised production increases.
Gas prices dodge Hurricane Ida catastrophe
Gasoline prices rose slightly Monday after Hurricane Ida shuttered refineries along the U.S. Gulf Coast.
Tropical storm juices oil prices with Gulf of Mexico production hub at risk
Tropical Storm Ida could be a 'worst-case scenario' for Louisiana, Gulf Coast.
Taliban could reap fortune on crucial untapped treasure-trove of minerals
Economic implications of the Taliban takeover of Afghanistan are in focus as the country is home to a crucial, untapped treasure-trove of minerals and metals, including the important global commodity lithium, which is in high demand amid a chip shortage.
‘Flash recession' could hit markets by the fall
Markets are acting like the global economy is headed for a slowdown, according to Bank of America.
Oil rises but on track for 5% weekly drop amid Delta woes
Oil prices rose on Friday, pulling up from three-month lows, but they were still on track for a weekly loss of over 5% as new lockdowns in countries facing surging cases of the Delta variant dampened the outlook for fuel demand.
Oil prices tank to 3-month low
Oil prices fell to a three-month low Thursday as investors fretted over the resurgence of COVID-19 and the summer driving season nearing an end.
China, Iran swarm over Afghanistan commodities with US out
Afghanistan, while a poor nation, is sitting on trillions in natural resources, and China and Iran want a piece of the pie.
CME denies CBOE merger report
Derivatives exchange giant CME Group has forcefully denied a report that it is in talks to acquire smaller Cboe Global Markets.
Home Depot, Lowe’s share lumber crisis update
America’s biggest home-improvement chains say the lumber market is returning to normal after a period of extreme and record volatility.
Palantir buys $50M in gold bars
Palantir Technologies Inc. is investing in gold at a time when more U.S. companies are focusing their efforts on cryptocurrencies.
Biden sued by energy groups over leasing ban for drilling on federal lands and waters
Twelve energy industry trade groups have filed a lawsuit in Louisiana challenging the Biden administration’s pause on oil and natural gas leasing for drilling federal lands and waters.
Biden admin appeals federal court decision to block oil, gas leasing pause
The Biden administration on Monday challenged a federal judge’s decision in June to block the Interior Department’s pause on oil and gas leasing on public lands and waters - a critical piece of its climate change policy - but will proceed with leasing during the appeals process.
Gas prices to remain elevated despite crude pullback
Gasoline prices in the U.S. hold near seven-year highs as the summer driving season nears an end.
Oil extends losses as Delta variant stalls demand recovery
Oil prices fell for a second day on Friday after the International Energy Agency warned that demand growth for crude and its products had slowed sharply as surging COVID-19 cases worldwide forced governments to revive movement restrictions.
Two ex-Bank of America traders accused of spoofing found guilty
Two former Bank of America Corp. traders were convicted Wednesday of rigging precious-metals prices by using an aggressive tactic known as spoofing, the latest win for prosecutors in a yearslong effort to crack down on the practice.
Nord 2 pipeline deal will hand Russia’s Putin keys to Europe
The Nord Stream 2 natural gas pipeline is a global political football carrying big risks for the United States.
Can Reddit's silver 'apes' beat the market?
Kerry Kraker, 56, has worked in kitchens all his life. Since March he's spent around $100 a week - half his spare cash – on silver coins. He's part of a growing social media movement who say they are buying bars and coins for protection from a coming age of inflation.
Despite lumber price plunge, high prices here to stay: experts
Homebuilders are not out of the woods just yet despite lumber prices plunging off historic highs and into negative territory for the year.
Gold investors call Fed’s inflation bluff
Gold investors are taking the wheel, setting the precious metal up for a major rally as investors realize the Federal Reserve is powerless against rising and persistent inflation, according to one strategist.


















