Goldman Sachs senior strategist recommends hedging recession risks by going long on gold and short on oil as global macro uncertainty rises.
Oil
The Trump administration’s new tariffs reflect a poor understanding of economics and will end up harming U.S. businesses, allies, and consumers alike.
Core inflation remains elevated and could move higher as Pres. Donald Trump prepares to impose 25% tariffs on imports from Canada and Mexico.
U.S. crude oil production hit a record 13.4 million barrels/day in August 2024 — bolstering America’s energy independence and economic resilience.
President-elect Donald Trump is seen as sympathetic toward Russia, but his past policies have directly and indirectly helped Ukraine and hurt Moscow.
California Gov. Gavin Newsom pushes through controversial new law to prevent gas price spikes amid opposition from oil refiners and labor unions.
Oil giants ExxonMobil and Chevron are locked in a fierce dispute over Guyana’s Stabroek block, home to one of the…
For all intents and purposes, China now owns Russia and could use this power to end the war in Ukraine.
The border dispute between neighboring oil producers Guyana and Venezuela could simmer this summer ahead of the July 28 Venezuelan…
Maduro has consolidated power by using state institutions to silence critics, while at the same time profiting from corruption.