The Baker Hughes rig count rose in the current week:
The price of crude oil futures is trading at $45.32, up $0.70 or 1.59% on the day.
Most Popular
Sponsored
Analysts warn Hormuz will reopen gradually despite a US-Iran deal, with mine clearance, war-risk insurance and stranded vessel backlogs keeping energy flows well below prewar levels for months.
S&P Global Ratings says the US-Iran Hormuz framework aligns with its base case but won't alter forecasts, warning shipping recovery will remain well below pre-war levels into 2027.
Nvidia eyes $20B bond sale, retaking key levels. AI boom fuels debt offering, boosting yields.
SpaceX IPO valuation soars past $10B! Musk's wealth rides on market's fragile foundation.
Economic and event calendar in Asia Tuesday, June 16 - BOJ and RBA double the fun. Bank of Japan hike expected, while a hold for the RBA is the call.
SpaceX shares soar 2nd day post-IPO, boosting market sentiment. Fear gauge tumbles.
China's reduced oil imports are capping global prices, impacting energy sector valuations.
Sponsored
Must Read
