Oil
Analysis: Diesel prices seen nearing record highs amid refining constraints
Diesel crack spreads surge to historic levels as refining deficits tighten global supplies, with prices just 6.4% below all-time peaks. Analysts warn of further upside risk amid constrained distillate capacity and rising export flows.
DAX slips 0.3% as oil, bond yields weigh; Brent tops $90
German blue-chip index falls further from record as rising crude prices and 15-year high yields in German and U.S. bonds dampen sentiment. Energy and chip stocks lead declines.
Swiss stocks slip as global markets waver; Roche, Novartis advance
Swiss Market Index fell 0.13% as U.S. futures declined on rising bond yields and Middle East tensions. Roche and Novartis led Swiss gains, while cyclicals like ABB lagged. U.S. tech and AI-linked stocks retreated.
Bangladesh signs U.S. LNG supply deal amid global gas shortages
Dhaka secures long-term liquefied natural gas imports from U.S. suppliers as energy markets tighten worldwide.
Peter Thiel acquires 1% stake in Argentine Vaca Muerta oil firm
Tech billionaire Peter Thiel disclosed a 1% stake in an Argentine oil company operating in the Vaca Muerta shale formation, according to a regulatory filing.
Peter Thiel acquires 1% stake in Argentina’s Vista Energy
Billionaire investor Peter Thiel takes a 1% stake in Vista Energy, an Argentine oil and gas company, via his investment firm Thiel Capital.
European stocks slip as oil rally and U.S. inflation weigh
Europe’s benchmark index falls after six straight days of oil gains and ahead of U.S. inflation data that may delay rate cuts.
Airlines face highest fuel-cost risk as oil prices surge
U.S. carriers including Delta, United and American lead exposure to volatile crude prices, with fuel costs accounting for up to 30% of operating expenses.
US energy firms' earnings meet forecasts, revenue beats estimates
Major U.S. energy companies reported quarterly results that matched profit expectations while revenue exceeded analyst projections, supported by stable oil prices and operational efficiency gains.
