Libya output halt pushes oil higher; force majeure possible
Oil prices rose after Libya's NOC halted production at three fields due to protests and warned of force majeure on deliveries.
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Oil prices rose after Libya's NOC halted production at three fields due to protests and warned of force majeure on deliveries.
Crude oil futures have maintained a bullish bias since late August, with prices surging from $80 to near $105 before consolidating around resistance at $105.21.
Banco Master's collapse has reached Brazil's Supreme Court and election, with allegations involving Justice Moraes and political fallout.
The US is seizing $61 million in cryptocurrency allegedly laundered through Binance from Iranian oil sales.
Canada will allow immediate expensing for most new capital investment, Prime Minister Mark Carney said.
Binance's co-CEO says a US forfeiture case over $61M in Iranian oil money isn't against the exchange. The DOJ alleges two firms laundered funds via Binance.
Strike CEO Jack Mallers says US debt-to-GDP over 120% points to inflation, cites Japan's example, and sees Bitcoin as the best hedge.
Connor Brown discusses the Clarity Act's Senate cloture vote, the 7-9 Democratic votes needed, and the bill's key compromises.
Gold is pressured ahead of the FOMC decision as markets focus on the dot plot and oil prices.
Earnings reactions stay defensive; Dell and Palo Alto show strength, while Broadcom and Credo remain weak. Dispersion is key.