US President Donald Trump announced on Monday that he will sign an executive order declaring a national energy emergency to increase US oil and gas production and reduce consumer costs. “Drill, baby, drill,” Trump added during his inaugural address, emphasizing the importance of energy independence to drive down costs and strengthen the US. Additionally, Trump …
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President-elect Donald Trump is preparing to sign a host of executive orders related to energy in the first hours after his inauguration. Bloomberg reported that Trump plans to declare a national energy emergency right after he’s sworn in as part of his plan to boost oil and gas production. According to a Wall Street Journal report, in …
United States Securities and Exchange Commission (SEC) announced on Friday that it fined the investment management advisor The Vanguard Group, Inc. with $106.41 million to settle its charges related to “misleading statements related to capital gains distributions and tax consequences for retail investors who held Vanguard Investor Target Retirement Funds (Investor TRFs) in taxable accounts.” …
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The U.S. Energy Information Administration (EIA) revealed its latest West Texas Intermediate (WTI) spot price forecasts in its January short term energy outlook (STEO), which was released recently. In that STEO, the EIA projected that the WTI spot price will average $70.31 per barrel in 2025 and $62.46 per barrel in 2026. The EIA’s previous …
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Oil prices have stopped rallying as a ceasefire agreement between Israel and Hamas could lead to the end of the Houthi bombardments of the Red Sea, but prices are still set to end the week with a gain. The recent relentless oil price rally that saw Brent break $82 appears to have slowed, but backwardation …
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Q-DAY IS COMING…THE DAY WHEN QUANTUM COMPUTERS WILL STEAL ALL YOUR BITCOIN…UNLESS YOU ACT FAST! Microsoft 2025: The year to become Quantum-Ready “We find ourselves in an exciting and pivotal time. We are at the advent of the reliable quantum computing era. And we are right on the cusp of seeing quantum computers solve meaningful problems …
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Israeli security cabinet voted on Friday in favor of the Gaza ceasefire and hostage agreement previously reached between Hamas and Israel, calling on the wider government to accept it as well, according to a statement from Israeli Prime Minister Benjamin Netanyahu’s office. During the meeting, as per a Kan correspondent, Netanyahu read out commitments given by …
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The Yemen-based Houthis signaled a pause in their months-long attacks on commercial ships following a ceasefire deal between Israel and Hamas. In his first comments since the Gaza truce accord was announced on Wednesday, Houthi leader Abdulmalik Al-Houthi said that the group would follow the agreement, suggesting a halt in its campaign on vessels and on …
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Advisers to President-elect Donald Trump are crafting a wide-ranging sanctions strategy to facilitate a Russia-Ukraine diplomatic accord in the coming months while at the same time squeezing Iran and Venezuela, people familiar with the matter said. The outgoing Biden administration on Friday imposed the most disruptive sanctions on Russia’s oil trade by any Western power …
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Israeli Prime Minister Benjamin Netanyahu’s office confirmed that the Israeli and Hamas negotiating teams signed a hostage release and ceasefire agreement in Doha. Netanyahu has instructed his security cabinet to gather on Friday and vote on the deal, after which the government will convene to grant its approval. A special task force has been told to …
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