NYSE:USL 15 January 2026

Crude oil price tumbles on Iran de-escalation; USO stock slips before the bell

Crude oil prices fell over 3% Thursday after President Trump said Iran’s protest crackdown was easing, reducing supply fears. Brent dropped to $64.33 a barrel, U.S. crude to $59.96. U.S. inventories rose by 3.4 million barrels last week, while gasoline stocks jumped 9 million. Tanker shipments hit 1.3 billion barrels, the highest since mid-2020, signaling supply is outpacing demand.

15 January 2026

Commodities·NYSE:CVX·NYSE:DBO·NYSE:USL·NYSE:USO·NYSE:XOM·Stock Market

Kinross Gold Faces Rising Production Costs, Margin Risks in FY26
March 20, 2026, 9:32 AM EDT. Kinross Gold Corporation (KGC) reported an 18% increase in production cost per ounce to $1,289 in Q4, driven by lower output and higher royalties amid rising gold prices. All-in-sustaining costs (AISC), a measure of cost efficiency in mining, surged 21% year-over-year to $1,825 per gold equivalent ounce. The company projects further cost inflation in 2026 with AISC rising to $1,730, risking margin compression despite a 56% gold price boost. Peers Barrick and Agnico Eagle also face rising costs, signaling broad industry pressure. KGC shares have surged 125.5% in the past year, outperforming the sector, trading at a forward earnings multiple discount to peers. Analysts anticipate a 50% earnings rise in 2026, reflecting optimism amid cost challenges.