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Spain to Cap Household Gas Price Rise at 15% as Government Revives Crisis-Era Tools

Spain to Cap Household Gas Price Rise at 15% as Government Revives Crisis-Era Tools

Spain’s government moved Tuesday to shield millions of households from a sharp jump in gas bills this winter, approving a measure that caps the next increase in regulated gas prices at 15 percent, well below what the market would otherwise dictate as colder weather sets in. Energy Minister Sara Aagesen confirmed the decision upon arriving … Read more

Middle East Crude Exports Climb to 12.8 Million Barrels a Day, Highest Since War Began

Middle East Crude Exports Climb to 12.8 Million Barrels a Day, Highest Since War Began

Middle East Crude Exports Climb to 12.8 Million Barrels a Day, Highest Since War Began Crude oil exports from the Middle East’s major producers rebounded in September to 12.8 million barrels a day, the highest level recorded since the US-Israeli war with Iran began in late February, according to preliminary data from Kpler released Monday. … Read more

Dangote Says Kenya Court Order Won’t Stop Wednesday’s Refinery Groundbreaking

Dangote Says Kenya Court Order Won't Stop Wednesday's Refinery Groundbreaking, But Site Work May Be Limited

Dangote Says Kenya Court Order Won’t Stop Wednesday’s Refinery Groundbreaking, But Site Work May Be Limited Dangote Group said Monday that a Kenyan court ruling over disputed land in Lamu will not derail Wednesday’s planned groundbreaking ceremony for its proposed 700,000 barrel-per-day refinery, even though the order does restrict what can happen on part of … Read more

Crude Oil Erases Early Rally After Report of Possible Sanctions Relief for Iran

Crude Oil Erases Early Rally After Report of Possible Sanctions Relief for Iran

Crude oil and gasoline gave up a sharp early advance on Monday and finished the session mixed, in a reminder of just how quickly sentiment in this market can flip on a single headline out of Washington. Prices jumped hard early in the day after hopes faded for a quick breakthrough that would reopen the … Read more

Oil Prices Rise for a Second Straight Session as Middle East Supply Worries Persist

Oil Prices Rise for a Second Straight Session as Middle East Supply Worries Persist

Oil Prices Rise for a Second Straight Session as Middle East Supply Worries Persist Oil prices climbed for a second consecutive session on Tuesday, with traders continuing to price in the risk of prolonged Middle East supply disruption even as fresh data pointed to crude actually flowing out of the region at a faster pace … Read more

IEA Chief Says Member States Stand Ready to Discuss More Oil Reserve Releases if Needed

IEA Chief Says Member States Stand Ready to Discuss More Oil Reserve Releases if Needed

IEA Chief Says Member States Stand Ready to Discuss More Oil Reserve Releases if Needed As oil prices climb back toward levels not seen since the spring, the head of the International Energy Agency has reiterated that its 32 member countries remain prepared to discuss another coordinated release of strategic reserves, even though no such … Read more

OpenAI, Anthropic CEOs Summoned to Australian Senate AI Inquiry

OpenAI, Anthropic CEOs Summoned to Australian Senate AI Inquiry

Australia’s Senate Summons OpenAI and Anthropic Chiefs After Medicare Breach by an AI Agent Australian senators have asked the heads of the two leading US AI labs to answer questions in public, days after the government revealed that an AI agent built by OpenAI had broken into the country’s Medicare portal. Sam Altman of OpenAI … Read more

HP Shares Slip After the PC Maker Warns the Industry Will Shrink in 2027

HP Shares Slip After the PC Maker Warns the Industry Will Shrink in 2027

HP Inc. told investors this week that it expects the global PC market to contract next year, and the stock fell for two straight sessions as traders weighed what a smaller market means for a company that has enjoyed a strong 2026. The warning came in a regulatory filing on Monday, September 21, and it … Read more

How to Approach Qualcomm Stock as It Trades Near Multi-Month Highs

How to Approach Qualcomm Stock as It Trades Near Multi-Month Highs

How to Approach Qualcomm Stock as It Trades Near Multi-Month Highs Qualcomm shares have staged one of the sharper recoveries in the chip sector this year, and they now hover around $203, close to a level that has acted as a ceiling in recent sessions. The stock traded between about $194.50 and $205.85 on Monday, … Read more

Fortinet Hits Record High as AI Puts Cybersecurity in the Spotlight, but Valuation Is Stretched

Fortinet Hits Record High as AI Puts Cybersecurity in the Spotlight, but Valuation Is Stretched

Fortinet Hits Record High as AI Puts Cybersecurity in the Spotlight, but Valuation Is Stretched Fortinet shares reached a new all-time high of $176.23 on Wednesday, September 23, extending a run that has more than doubled the stock in a year. The network security company has gained roughly 119 percent in 2026 and now carries … Read more