Oil Prices

Business

Ovintiv's NuVista Acquisition Clears Final Hurdle, Setting Stage for Canadian Expansion

The Canadian government has granted final approval for Ovintiv's takeover of NuVista Energy, completing all regulatory and shareholder requirements. The deal, expected to close shortly, significantly bolsters Ovintiv's position in the Canadian oil and gas sector, though analysts debate its long-term value and impact on shareholder returns.

Feb 2, 2026

Business

Robinhood Stock Tumbles as Bitcoin Slump Sparks Fears Over Trading Volumes

Shares of Robinhood Markets fell sharply alongside other crypto-exposed firms, pressured by a decline in Bitcoin prices and broader concerns about retail trading momentum.

Feb 2, 2026

Business

Micron's Rally Continues: Analyst Bullish on HBM Demand and DRAM Price Surge

Micron Technology shares surged again Monday, fueled by a new analyst report highlighting strong demand for its high-bandwidth memory chips and forecasting a significant rise in DRAM prices through 2026.

Feb 2, 2026

Analysis: Trump Tariffs Add to Consumer Costs, Slowing Inflation's Decline

A new economic report finds that while inflation has cooled, recent tariff policies have kept prices higher than they otherwise would be, as the Supreme Court weighs the legality of the measures.

Feb 2, 2026

Business

Gold and Silver Find Footing After Turbulent Sell-Off, But Analysts Urge Caution

Precious metals prices steadied on Monday following a sharp Friday plunge that rattled markets, though experts warn the volatility in these traditional safe havens may not be over.

Feb 2, 2026

Business

ExxonMobil Launches Major Carbon Capture Hub in Louisiana, Testing Investor Confidence at $141 Share Price

ExxonMobil has commenced commercial operations at a significant carbon capture and storage (CCS) facility in Louisiana, developed in partnership with CF Industries. The move signals a strategic expansion of the oil giant's low-carbon portfolio and has sparked debate among investors weighing its long-term value against current momentum.

Feb 2, 2026

Business

Silver's Shine Dims, But This Streaming Giant Remains a Top Bet for Investors

Despite recent volatility in silver prices, Wheaton Precious Metals' unique streaming model positions it to generate robust cash flow, making it a standout choice for exposure to the precious metal.

Feb 2, 2026

Business

Coterra and Devon Seal $58 Billion Merger, Forging a U.S. Shale Powerhouse

The all-stock deal creates one of the nation's largest independent oil and gas producers, headquartered in Houston, with combined assets poised to reshape the competitive landscape of the shale sector.

Feb 2, 2026

Business

Dangote Group Inks Major Gas Supply Pact with NNPC, Aligning with Nigeria's Energy Expansion Drive

Africa's largest conglomerate secures a strategic gas supply agreement with Nigeria's state oil firm, a key move supporting national ambitions to leverage vast gas reserves for industrial growth and investment.

Feb 2, 2026

Business

Polish E-Commerce Battle Escalates: Erli Files Antitrust Lawsuit Against Allegro Over Pricing Practices

Polish online marketplace Erli has filed a lawsuit against dominant rival Allegro, alleging the platform abuses its market power to pressure sellers into maintaining higher prices on competing sites. Allegro denies the accusations, stating its seller benefit programs are voluntary.

Feb 2, 2026

Business

Crypto Mogul Justin Sun Plans $100M Bitcoin Buy Amid Market Downturn

Tron founder Justin Sun announces plans to acquire up to $100 million in Bitcoin as prices dip below $77,000, contrasting with corporate treasury losses and broader market caution.

Feb 2, 2026

Business

Qatar Launches Historic Offshore Decommissioning, Taps McDermott for Landmark Project

QatarEnergy awards McDermott a pivotal contract to plan the removal of 27 aging offshore platforms, marking the nation's first major step in responsibly retiring legacy oil and gas infrastructure.

Feb 2, 2026

Business

Canfor Insiders Show Confidence with Sustained Share Purchases Over Past Year

Insiders at Canadian forestry giant Canfor Corporation have been net buyers of the company's shares over the last twelve months, with President Susan Yurkovich leading the activity. The trend signals internal optimism as key executives invest personal capital even above current trading prices.

Feb 2, 2026

Business

Three Sub-$10 Stocks Poised for Growth in 2026: A High-Potential, High-Risk Play

While low share prices often signal volatility, they can also hide significant upside. We analyze three companies trading under $10—Archer Aviation, Snap, and Opendoor Technologies—that are positioned to defy market expectations in the coming year, driven by sector tailwinds and strategic pivots.

Feb 2, 2026

Business

Gold's Sharp Retreat: A Pause in the Safe-Haven Rally or a Sign of Things to Come?

After a historic surge, gold prices have experienced their steepest drop in decades. Yet, analysts point to enduring geopolitical tensions and monetary policy shifts as reasons why the metal's long-term appeal remains intact.

Feb 2, 2026

Business

Essar Commits $100 Million to Boost Gas Output from Key Indian CBM Field

Essar Oil and Gas Exploration & Production (EOGEPL) is injecting $100 million into its flagship Raniganj East CBM block in West Bengal, aiming to scale up domestic natural gas production and explore shale potential in a bid to reduce India's import reliance.

Feb 2, 2026

World

Iran Detains Four Foreign Nationals Amid Post-Protest Crackdown

Iranian authorities announced the arrest of four foreigners allegedly involved in last month's widespread unrest, seizing homemade explosives in the operation as the government continues to blame external actors for domestic turmoil.

Feb 2, 2026

Business

Ripple CTO Pours Cold Water on Lofty XRP Price Predictions Amid Market Downturn

Ripple's Chief Technology Officer, David Schwartz, has expressed skepticism about XRP reaching prices of $50 or $100, triggering a debate within the community as the cryptocurrency's value drops significantly this week.

Feb 2, 2026

Business

Three Global Stocks Trading at a Discount: Undervalued Picks for February 2026

Amid a market environment of stable rates and mixed sentiment, we highlight three companies—spanning biotech, gaming, and tech hardware—whose current share prices appear significantly below their estimated intrinsic value based on cash flow projections.

Feb 2, 2026

Business

Austria Extends Wolfsberg Lithium Mine License Amid Surging Global Demand

The Austrian government has granted a two-year renewal for the Wolfsberg lithium mining license, with a final decision on production expected by end-2026 as lithium prices rebound strongly.

Feb 2, 2026