Capital Markets Archives - Page 4 of 126 -

Hormuz Strait to remain shut until U.S. meets interim deal conditions, Iran says

August 18, 2026

(BOE Report) – The Strait of Hormuz will remain shut until the U.S. meets the conditions of an interim deal signed with Iran in June, the top Iranian negotiator Mohammad Baqer Qalibaf said in comments published by state media on Tuesday. These conditions include the U.S. liftingits blockade of Iranian ports, lifting oil sanctions,releasingTehran’s frozen assets, and ending threats and

U.S.-Iran tensions push oil prices higher as diesel margins hit records

August 18, 2026

(Oil Price) – Declarations by Iran and the U.S. earlier this week make the prospect of peace in the Middle East even more distant, driving crude oil prices higher. Meanwhile, the diesel crack spread in the U.S. topped $100 per barrel for the first time in history. At the time of writing, Brent crude was trading at $91.33 per barrel, with West Texas

US banks lending commitments signal confidence in AI capex cycle sustainability, KBW says

August 17, 2026

(BOE Report) – KBW says last week’s major capital commitments from U.S. big banks linked to domestic infrastructure and AI build out signal confidence in the sustainability of the capex cycle ** Bank of America pledged $250 billion for US infrastructure financing and Morgan Stanley launched a $1.5 trillion infrastructure initiative ** Elsewhere, Nvidia partnered with Wall Street giants including

Oil majors reap $93 billion windfall from the Iran war

August 17, 2026

(Oil Price) – Oil prices have soared in recent months as a result of the almost complete closure of the Strait of Hormuz, a key trade corridor connecting Asia and Europe. High fossil fuel prices have helped to drive up the profits of oil and gas companies around the globe, particularly in the United States and Europe. As a few

Shipping slows through Strait of Hormuz after tanker attacks, data shows

August 17, 2026

(BOE Report) – Shipping through the Strait of Hormuz slowed over the weekend, data showed on Monday, following attacks on tankers, while U.S.-Iran talks to resolve the Middle East conflict stalled. Five commodity vessels transited the strait on Saturday, with none registered for Sunday, shiptracking data from Kpler showed, versus 31 in the prior weekend. Ships entering the strait on

Asian refiners buy more US crude as Hormuz remains blocked, traders say

August 14, 2026

(BOE Report) – At least four Asian refiners bought U.S. crude this week, as the Strait of Hormuz remained effectively closed and refiners sought alternative supplies for delivery later this year, traders said. Shipping traffic at the Strait of Hormuz fell below the average for this month towards the end of the week due to competing U.S. and Iran claims

Iran’s economy is buckling under the weight of war

August 14, 2026

(Oil Price) – Every week, the shopping lists of Iranians become shorter as inflation soars and purchasing power plunges. “As things disappear from the dining table, fruit goes first, then dairy products, then anything considered non-essential,” a woman in the Iranian capital, Tehran, said in an audio message sent to RFE/RL’s Radio Farda. “Ultimately, everything we buy is only essentials,

Stalled Alaska LNG pipeline bill sends ‘negative signal,’ governor says

August 14, 2026

(BOE Report) – Alaska Governor Mike Dunleavy said he was “deeply disappointed” that a bill to advance a pipeline for the Alaska LNG project to export natural gas to Asia stalled in the state legislature. Dunleavy said in a post on X late on Wednesday that the legislature’s decision not to reconvene this session to vote on a tax change

Oil prices on pace for weekly gain amid Hormuz supply uncertainty

August 14, 2026

(Investing) – Brent crude futures, the global oil benchmark, had edged down 0.2% to $86.84 a barrel, while U.S. West Texas Intermediate crude futures had dipped 0.4% to $80.91 a barrel by 09:30 ET (13:30 GMT). Brent and WTI futures were trading up around 5% this week. The effective closure of the Strait of Hormuz has been a key point of support for

U.S. backs X-Energy reactor with up to $2.15 billion

August 13, 2026

(Oil Price) – Washington is putting real money behind advanced nuclear. The US Department of Energy is gearing up to hand X-energy another $1 billion for its planned nuclear project with Dow in Texas, bringing total federal funding available for the project since 2021 to as much as $2.15 billion. That is no longer demonstration-project pocket change. CEO Clay Sell

Emerson wins bp automation contract for $2.9 billion Shah Deniz project

August 13, 2026

(World Oil) — bp has awarded Emerson a multi-million-dollar contract to provide automation technologies for the $2.9 billion Shah Deniz Compression project offshore Azerbaijan, supporting increased gas recovery from the Caspian Sea field. The project represents the next phase of development at Shah Deniz and is designed to access lower-pressure gas reserves as the field matures. It is expected to enable production and

Solar surpasses wind in global electricity generation for the first time

August 13, 2026

(Oil Price) – In 2007, nearly two decades ago, I wrote an article called “The Future Is Solar.” At the time, my argument was largely based on efficiency. I had been comparing biofuels with direct solar energy and noted how much more effectively solar panels could capture the sun’s energy than crops could convert it into liquid fuel. Solar was

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