The New York State Department of Financial Services (NYSDFS) fined Swedbank $50 million for failing to…
Category: Financial News
Daily coverage of the markets that move portfolios: equities, bonds, commodities, currencies and the central-bank decisions behind them. Each report explains what changed, why it matters and how it feeds into an allocation. Written for investors who follow markets as a process, not as headlines.
IEA Forecasts First Global Oil Demand Drop Since 2020
The International Energy Agency (IEA) has projected a decline in global oil demand for the first…
Yemen’s Houthi Rebels Renew Conflict, Threaten Oil Supply
Yemen's Houthi rebels have reignited conflict this week, raising concerns about potential disruptions to global oil…
China’s Crude Oil Imports Hit Decade Low Amid Tensions
China's crude oil imports fell to a decade low in June, reaching 7.12 million barrels per…
Eni CEO: Big Oil Shifts Focus to Southeast Asia, Latin
Eni S.p.A. CEO Claudio Descalzi announced a strategic shift in the oil and gas industry towards…
India, South Africa to Expand Strategic Petroleum Reserves
India and South Africa have announced plans to significantly boost their Strategic Petroleum Reserves (SPR) amid…
Chevron Advances Iraq Oil Projects with New Agreements
Chevron is set to sign two memoranda of understanding on Friday that will advance its plans…
State Street selected for Treasury’s $1B investment plan
State Street Corporation announced on Thursday that the U.S. Treasury Department has selected one of its…
Dine Brands Stock Rises 70% Amid Activist Stake Interest
Dine Brands Global Inc. saw its stock rise approximately 70% since an activist investor disclosed a…
Oil prices decline amid US-Iran tensions, remain elevated
Oil prices settled lower on Thursday, July 16, but remained near their highest levels since mid-June…