Oil surges as Israel prepares for Gaza ground assault, Iran warns of 'reactions'
Global oil prices surged higher Friday, testing the $90 per barrel mark, following rising military and...
Global oil prices surged higher Friday, testing the $90 per barrel mark, following rising military and political tensions in Israel's war with Hamas and a new round of sanctions on the sale of Russian crude.
Iran's foreign minister, Hossein Amirabdollahian told reporters in Beirut late Thursday that an extended blockade of Gaza, as well as attacks on civilians by the Israeli Defense Force, could possibly compel involvement from Tehran. Amirabdollahian also met with Hezbollah leader Hassan Nasrallah Friday in the Lebanese capital
Brent crude futures for December delivery, the global pricing benchmark, were last marked $3.15 higher in the early New York session at $89.10 per barrel.
WTI futures for November, which are tightly linked to U.S. gasoline prices, were marked $3.26 higher at $86.17 per barrel.
Kimmeridge Texas Gas is expanding its Eagle Ford Shale presence with the acquisition of around 30,000...
Kimmeridge Texas Gas is expanding its Eagle Ford Shale presence with the acquisition of around 30,000 acres that currently produce 65 MMcf/d of natural gas. The company is pursuing a multi-rig program in the Eagle Ford and Austin Chalk plays as it aims to increase net production to more than 500 MMCf/d on a pro forma basis by 2026.
CNBC TV [video]: US Unveils Recipients of $7 Billion for Hydrogen Hubs
The Biden administration's selected projects, which will match the federal investment with nearly $50...
The Biden administration's selected projects, which will match the federal investment with nearly $50 billion combined, will now move into the negotiation phase.
Breaking overnight: Ahead of an expected ground offensive in its war against Hamas,...
Breaking overnight: Ahead of an expected ground offensive in its war against Hamas, Israel’s military has ordered 1+ million civilians in the northern half of Gaza to evacuate and move south for their protection within the next 24 hours. The UN says it “strongly appealed” the evacuation call, warning it could lead to “a calamitous situation.”
Microsoft’s $69 billion acquisition of Activision Blizzard was given the green light by Britain’s competition watchdog, paving the way for the deal to close.
Delta profits rose 60% in the third quarter after a summer of high travel demand, which the airline expects to continue this fall.
NASA’s Psyche asteroid mission is scheduled to launch today on a SpaceX Falcon Heavy rocket. It will take the spacecraft nearly six years to reach the asteroid before it can study its metallic properties.
The FDA banned sales of Vuse’s menthol e-cigarettes, arguing the company failed to prove that the product’s benefit to adult smokers outweighed its risks to kids.
Antisemitic incidents in the UK have quadrupled since Hamas’s attack on Israel, according to the British charity Community Security Trust.
Tropical Storm Sean re-strengthens; Atlantic system could develop next week
A short-lived Tropical Storm Sean reformed again after being...
A short-lived Tropical Storm Sean reformed again after being downgraded to a tropical depression Thursday morning. Meanwhile, forecasters are also monitoring a system in the Atlantic that’s trailing not far behind Sean.
As of Thursday afternoon, Sean was located roughly 905 miles west of Africa’s Cabo Verde Islands in the far eastern Atlantic. It was moving northwest at 10 mph with maximum sustained winds of 40 mph, just above the 39 mph threshold for a tropical storm.
Sean originally became a tropical storm early Wednesday.