The Wall Street Journal5d agobearish
Colgate-Palmolive Sales Rise Despite Choppy BackdropColgate-Palmolive recorded higher sales in the second quarter, despite a choppy consumer environment.
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Investing.com15d agobearish
China cuts Iranian oil purchases by 40%, BessentsaysInvesting.com -- U.S. Treasury Secretary Scott Bessent said Tuesday that China has reduced its crude oil purchases by approximately 40% in recent months, a decline he said is significantly reducing Iran's oil revenues.
Investing.com42d agobearish
J.P. Morgan cuts second-half 2026 Brent oil price forecastInvesting.com -- J.P. Morgan reduced its price outlook for Brent crude oil in the second half of 2026 on Wednesday, citing weaker commercial inventory withdrawals and softer oil demand than previously anticipated.
Investing.com61d agobearish
OPEC crude output drops to lowest level in 37 yearsInvesting.com -- OPEC crude production fell in May to its lowest level in at least 37 years as a US blockade of Iran and disruptions in the Persian Gulf continued to limit output, according to a Bloomberg survey released Friday.
Investing.com63d agobearish
EU proposes naval mission to clear Hormuz minesInvesting.com -- The European Union has put forward a proposal for its Aspides naval mission to assume "the primary role" in clearing mines in the Strait of Hormuz "when conditions allow" as part of a Franco-British-led initiative, according to a Reuters report Wednesday citing an internal document dated May 26.
Investing.com78d agobearish
Canada inflation accelerates to 2.8% in April but misses forecastsInbesting.com -- Canada’s annual inflation rate accelerated less than anticipated in April as underlying price pressures showed signs of cooling. According to data from Statistics Canada, the consumer price index rose 2.8% from a year earlier, marking its fastest pace since May 2024 but falling short of the 3.1% rate economists surveyed by Bloomberg expected. Higher energy prices, particularly for gasoline, served as the primary driver behind the acceleration in the headline figure. Geopolitical
Investing.com81d agobearish
Bitcoin drops to $78,000 as rate hike fears trigger massive $550M long flushInvesting.com -- A major liquidation event targeting long orders flushed massive leverage across the digital asset market overnight, forcing Bitcoin down near the $78,000 mark. The world’s leading crypto was trading at $78,030.1 as of 05:51 ET (09:51 GMT).
Investing.com83d agobearish
Venezuela begins debt restructuring process as sanctions easeInvesting.com -- Venezuela announced Wednesday that it has started a comprehensive process to restructure its sovereign and state oil company debt, following the lifting of U.S. sanctions earlier this year.
Investing.com86d agobearish
OPEC oil output falls to lowest level in over two decadesInvesting.com -- OPEC crude production dropped by 830,000 barrels per day in April to 20.04 million bpd, marking the lowest output in more than 20 years.