Oil Rises to a Five-Month High as Fresh U.S. Sanctions on Russia's Exports Squeeze Supply

MT Newswires14:47 ET

Oil Prices Are on a Tear. It's a Short-Term Headache for Inflation. -- Barrons.com

Barron's11minutes ago

The arrangement for Trump's inauguration ceremony has been announced: it is expected to cost 0.037 million dollars per minute.

① The inauguration activities of the president-elect Trump in the USA have been announced, including an official party, a MAGA rally, and a large fireworks display, with multiple events taking place at Trump's golf course outside Washington, D.C. ② Trump's inaugural committee has raised over $0.17 billion, expected to reach $0.2 billion, spending $0.037 million per minute, far exceeding the record of $8,600 per minute set during Obama's first inauguration.

cls.cn21:30 ET

The largest Energy IPO in over a decade! USA LNG company Venture Global seeks a valuation of 110 billion dollars.

According to the documents submitted by Venture Global, the company plans to issue 50 million shares of Stocks at a maximum price of $46 per share, raising up to $2.3 billion. Under Trump's possible New energy Fund policies, LNG developers are expected to be one of the biggest beneficiaries.

wallstreetcn19:37 ET

A five-month high! Amidst a chorus of bearish voices, oil prices continue to rise.

The market previously widely expected that there would be a significant oversupply in the Crude Oil Product market this year, and that oil prices would remain stable or weaken. However, with the USA announcing a new round of sanctions on the Russian Energy sector, the market outlook became complex, compounded by concerns over Trump's tariff policy, leading to rising oil prices for consecutive days.

wallstreetcn19:35 ET

US and Canada Energy Stocks Diverge as Alberta Warns on Oil Tariffs

BNN Bloomberg18:09 ET