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NYSE:REP 3 November 2025 - 13 April 2026

Trump Orders Iran Blockade as Oil Nears $150 in Europe and Stocks Slip

Trump Orders Iran Blockade as Oil Nears $150 in Europe and Stocks Slip

On Monday, Europe’s spot crude market spiked—North Sea Forties crude shot up to a record $148.87 a barrel—as the U.S. made good on its warnings to Iran. U.S. stock futures slipped after a notice to mariners confirmed the blockade on Iranian port traffic would kick in at 1400 GMT. Brent futures, meanwhile, pushed past $100 again. This development ripples far past energy markets. About 2 million barrels per day of Iranian crude could be sidelined after the weekend’s Islamabad talks broke down, and the current two-week ceasefire runs out April 22. Inflation is creeping back into focus, too, with U.S. annual consumer inflation hitting 3.3% in March—the sharpest monthly increase seen in almost four years.
13 April 2026
Crude oil price today: Brent, WTI rebound after 4% drop as Iran strike fears ease

Crude oil price today: Brent, WTI rebound after 4% drop as Iran strike fears ease

London, January 16, 2026, 11:57 GMT — Regular session Oil prices nudged up on Friday, recovering after a steep drop the previous day as traders balanced persistent supply concerns with dwindling hopes of imminent U.S. military strikes on Iran. By 1000 GMT, Brent crude climbed 50 cents, or 0.78%, reaching $64.26 a barrel and looked set for its fourth weekly gain. U.S. West Texas Intermediate rose 48 cents, or 0.81%, to $59.67. Analysts at BMI flagged that Iran’s political unrest could trigger “greater volatility,” while IG noted any flare-up would shift focus back to the Strait of Hormuz, a crucial route for around 20 million barrels daily.
Oil Prices Rollercoaster: Trade War Fears & OPEC Moves Spark 5-Month Lows

Oil Price Rebound as OPEC Freezes Output Hikes: Winners, Losers, and 2026 Outlook

The Organization of the Petroleum Exporting Countries and its allies took a pivotal turn in policy at a meeting on Sunday, Nov 2. Led by Saudi Arabia and Russia, a core group of eight OPEC+ producers agreed to “nudge” oil output up slightly in December but then freeze any further production increases in January, February and March 2026theguardian.com. This decision marks a notable shift: throughout 2025, OPEC+ had been gradually unwinding its earlier production cuts – adding nearly 2.9 million barrels per day since April – in an effort to regain market share after a period of curtailed outputinvesting.com. Now, with global demand growth looking fragile and supply starting to outpace consumption, the cartel has opted to hit pause on its supply ramp-up. The official statement cited concerns about a looming oversupply in early 2026, when fuel demand is typically at its seasonal low point in the January-March quarterinvesting.com. In other words, OPEC+ is proactively trying to prevent the market from tipping into a glut. The modest increase of 137,000 barrels per day in December – the same increment as in the previous two months – will be the last for a while, as the group seeks to “moderate its

Stock Market Today

  • Goldman Sachs Sees AI Sector Leverage at $1.4 Trillion as Rally Drives Risks
    July 1, 2026, 7:17 AM EDT. Goldman Sachs is flagging $1.4 trillion in leveraged bets across U.S. stocks, most of it in names tied to AI. The bank says margin debt now makes up 1.8% of U.S. equities and warns that this adds real risk if the market turns and triggers forced selling. Margin borrowing in Japan now tops $30 billion, the most since 2008. Big tech-the 'Magnificent Seven'-has lagged, pressured by crowding, cautious Fed signals and rising costs. Wells Fargo sees delayed AI IPOs as a bullish sign, pointing to stronger adoption trends that could lift demand and push the AI cycle further despite higher leverage.
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