UTM Offshore has signed a gas sales agreement (GSA) with Seplat Energy and the Nigerian National Petroleum Company (NNPC), marking a key development in plans for Nigeria’s first indigenous-led floating liquefied natural gas (FLNG) project. The agreement relates to gas from the deepwater Yoho field offshore Nigeria and moves UTM Offshore’s project closer to a…
LONDON/NEW YORK, July 8 (Reuters) – Oil surged and stocks and bonds dropped on Wednesday, after U.S. President Donald Trump said the memorandum of understanding that had provided a framework for the ceasefire with Iran “was over” after the two sides traded attacks overnight. Trump spoke in Ankara at a NATO summit in the Turkish…
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. A 35 year old woman discovered four credit cards in her husband’s name, totaling $45,000, after a collection letter accidentally arrived at their home instead of the PO box he had been using to hide the statements for…
By Amanda Cooper and Pete Schroeder LONDON/WASHINGTON, July 8 (Reuters) – Oil prices surged more than 5% on Wednesday and global stocks and bond prices tumbled as investors fled risk assets after U.S. President Donald Trump said the memorandum of understanding signed with Iran to end the Gulf conflict was “over”. Wall Street opened lower…
Tech companies are famed for padding their six-figure jobs with flashy perks: lavish retreats, unlimited PTO, and offices outfitted with slides and sleep pods. One AI start-up, Rilla, is even helping foot the bill of its workers’ biggest expense: housing. The company splashes out $1.7 million annually in housing stipends. And it’s part of a…
The dollar index (DXY00) is up by +0.09% today. The dollar is supported by today’s equity market slump, which has boosted liquidity demand for the currency. Also, higher crude oil prices today have pushed up inflation expectations and could persuade the Fed to keep monetary policy tight, a supportive factor for the dollar. In addition,…
TotalEnergies is looking to discuss the potential signing of an exploration contract offshore Syria with officials in Damascus, the French supermajor’s chief executive, Patrick Pouyanné, said during a visit to the Middle Eastern country. “Syria’s offshore area has never really been explored historically, so we have partnered with other companies to look into it. We…
The market woke up on edge this morning. Futures dropped sharply after headlines from the NATO summit reignited the Iran conflict, and oil jumped more than 5%. The Dow was pointing down over 500 points before the bell. And it is not just today. The QQQ, the fund that tracks the big Nasdaq names, has…
Summary We have three strategic asset-allocation models, targeting three risk-tolerance levels: Conservative, Growth, and Aggressive. We make regular tactical adjustments to the models, based on our outlooks for the various segments of the capital markets. Performance matters, and we monitor it closely. Through the first half of 2026, after an impressive rally in April-May, stocks…
#SEI The price is moving within a descending channel on the 1-hour timeframe and has reached the lower boundary. It is now poised for a bounce and is expected to retest this boundary. The Relative Strength Index (RSI) indicates a downward trend, which is likely to continue given the overbought conditions. There is a key…
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