US will no longer require green analysis on thousands of oil, gas leases
The Interior Department has scrapped a requirement for the Bureau of...
The Interior Department has scrapped a requirement for the Bureau of Land Management to conduct environmental impact statements for roughly 3,244 oil and natural gas leases across seven western states. The decision reverses a Biden-era directive issued in response to legal challenges from environmental groups and a court mandate for additional environmental review.
⛳️ Rory McIlroy won the Masters in dramatic fashion
The 35-year-old from Northern Ireland slipped on ...
The 35-year-old from Northern Ireland slipped on the green jacket for the first time yesterday following his 17th appearance in the prestigious tournament. McIlroy clinched the win in the final round, defeating Justin Rose in the first hole of a sudden-death playoff. The victory cements his career Grand Slam, which only five other golfers have done in the Masters era (Tiger Woods was the last to do it, in 2000). McIlroy said, “I started to wonder if it would ever be my time…I’m sort of wondering what we’re all going to talk about going into next year’s Masters.”
A mélange of major earnings, retail data on tap: After...
A mélange of major earnings, retail data on tap: After multiple big banks beat estimates last week, Goldman Sachs (Monday), along with Citigroup and Bank of America (both Tuesday), are in the banking earnings spotlight to start the week. The Fed will release retail data on Wednesday and offer insight into consumer spending during these uncertain, tariff-filled times. Other big companies dropping their numbers include Taiwan Semiconductor (TSMC), UnitedHealth, Netflix, and American Express on Thursday.
Pope Francis opened Holy Week with an in-person appearance at St. Peter’s Square.
President Trump passed his routine physical and a cognitive test, with his doctor saying he is “fully fit” for his duties.
A retrial of Sarah Palin’s case against the New York Times starts today.
Stephen A. Smith said he is considering a run for president yesterday morning on ABC’s This Week.
Barbie dolls and microwaves are some of the items made in China that Americans rely on the most, according to the Financial Times.
Brent, WTI prices climb more $1 on possible Iran crude restriction
(Reuters) - Brent and West Texas Intermediate crude climbed...
(Reuters) - Brent and West Texas Intermediate crude climbed more than $1 on Friday after U.S. Energy Secretary Chris Wright said the United States could end Iran's oil exports as part of an effort to bring the Islamic Republic to terms over its nuclear program.
Brent crude futures settled at $64.76 a barrel,up $1.43, or 2.26%. U.S. West Texas Intermediate crude finished at $61.50 a barrel,up $1.43 or 2.38%.
"Strict enforcement of restrictions on Iranian crude exports would reduce global supply," said Andrew Lipow, president of Lipow Oil Associates. "I suspect China will continue to buy oil from Iran."
Wright's comments provided upward momentum for oil prices, following volatile price swings this week as U.S. President Donald Trump's new tariff regime forced traders to reassess the geopolitical risks facing the crude market.
"The U.S. being a geopolitical risk is new for the market," said John Kilduff, partner with Again Capital. "We'll have this reordering of the chessboard like we did after Russia invaded Ukraine."
