Oil fell on Thursday as traders assessed the ongoing conflict the Middle East, and hotter than expected economic output in the US suggested the Federal Reserve will stay on its path of higher for longer interest rates."The Fed's job isn't done," Quincy Krosby, Chief Global Strategist for LPL Financial, said in a note to investors on Thursday morning.
Essner says the most near-term risk from a supply perspective would be if the Biden administration were to sanction Iranian barrels. Warren Buffett's company owns a piece of Chevron, which just struck a deal to acquire Hess, a key player in Guyana's oil boom.Ontario has concerns over Danielle Smith's CPP exit bid, but also a stark lesson for her
Ruffer, a UK-based fund known for winning bets made in the volatility market, is now hoping for a big upswing in the Japanese yen.MPs overwhelmingly voted to kill a bill Wednesday pushed by Conservative Leader Pierre Poilievre that would have banned Ottawa from again imposing COVID-19 vaccine mandates on federal workers and the travelling public.
Events in Avdiivka show Russia still struggles with the style of war needed to capture territory in Ukraine, a prominent analyst told Insider.