Why Michael Burry sees Valero Energy as a winner from a Venezuelan oil boost
Valero Energy has emerged as a key focus for investors after renewed attention on Venezuela’s oil sector following the capture…
Analysis: Venezuelan crude oil recovery remains a distant, multi-billion dollar dream
Even as oil prices gyrated and a cloud of uncertainty looms over the market, the potential for rapid increase in…
US services growth slows to weakest pace since April as demand and hiring falter
The US service sector expanded at the weakest pace of growth since April, with the S&P Global US Services PMI…
Europe bulletin: FTSE breaks 10,000, Eurozone inflation falls, Germany manufacturing slumps
Europe’s markets and politics closed the year on sharply diverging tracks. Britain’s FTSE 100 powered to a historic milestone as…
How billionaire Caltagirone could influence Italy’s banking M&A wave
MILAN (Reuters) -Italian billionaire Francesco Gaetano Caltagirone has emerged as a leading player in the reshaping of Italy’s financial sector…
How Venezuela marks the beginning of Trump’s new foreign policy strategy
For a president who promised to be a peacemaker and wished for no more wars in 2026, Trump’s actions are…
Trade war fears mount as Trump pushes India to cut Russian oil imports
Escalating trade tensions, US President Donald Trump announced on Sunday that the US is considering raising tariffs on India unless…
Venezuela crisis unlikely to disrupt oil supply, Brent forecast remains at $57/bbl, ING Group says
Oil prices reacted to the recent US arrest of Venezuelan President Nicolas Maduro by focusing on the long-term potential for…
Chevron jumps as Maduro’s fall puts US oil major in pole position for Venezuelan oil
Shares in Chevron surged in premarket trading on Monday after the surprise removal of Venezuelan leader Nicolás Maduro over the…
Commodity wrap: precious metals jump, oil slips despite Venezuela crisis
Gold prices resumed their upside on Monday as the metal hit a one-week high on increased safe-haven demand. Silver prices…