Noteworthy this weekAI drives US GDPFund managers say the US is overvaluedThe AI bubble explainedGold surpasses US$4,000/oz tRemember, gold stores valueAI drives US GDP: Without data centers, there would have been little to no growth in the US economy.there is nothing happening in america besides AI pic.twitter.com/xp5Le9EY33— spike (@spikedoanz) October 8, 2025Fund managers say the US is overvalued: 91% of fund managers believe US stocks are overvalued, the most in history.91% of Fund Managers believe U.S. ...

Strathcona Resources said on Friday it has terminated its takeover bid for MEG Energy , days after Cenovus Energy raised its bid for the Canadian oil producer. ...

Core Viewpoint - The recent decline in Brent and U.S. crude futures is attributed to U.S. President Trump's threat to impose increased tariffs on China, which has raised concerns over demand in an already oversupplied market [1][2]. Group 1: Market Reaction - Brent crude futures settled at $62.73 a barrel, down $2.49, or 3.82%, marking the lowest price since May 5 [2]. - U.S. West Texas Intermediate crude finished at $58.90 a barrel, down $2.61, or 4.24%, also the lowest since early May [2]. - The sell-off was characterized as a shift to risk-off markets due to Trump's tariff threats [1]. Group 2: Contributing Factors - The decline in oil prices is compounded by production increases from OPEC and additional output gains in North and South America [3]. - The geopolitical risk has diminished following the Gaza ceasefire agreement, which has shifted focus back to the oil surplus situation [6]. - A smaller-than-expected output hike agreed by OPEC+ has eased some oversupply concerns [7]. Group 3: Geopolitical Context - Trump's comments regarding China's export controls on rare earth elements, essential for tech manufacturing, have added to market uncertainty [4]. - The ceasefire agreement between Israel and Hamas is part of a broader initiative to stabilize the region, which may influence oil market dynamics [5].

The president planning to go to the Middle East to mark the Israel Hamas peace deal in the next few days. Joining us to talk about how a cooling of tensions in the Middle East might impact the energy markets is Haleem Croft, RBC Capital Markets managing director, global head of commodity strategy. Haleem, good to see you.Thanks for the help today. Thank you for having me on. I I wonder what you make of the the action in oil.Uh yesterday some were taken back that there really wasn't much, but that's clearly ...

An easing of tensions in the Middle East may reduce the risk premium currently built into oil prices, ...

In the current session, Ovintiv Inc. (NYSE:OVV) is trading at $39.15, after a 2.30% drop. Over the past month, the stock fell by 7.60%, and in the past year, by 9.23%. With performance like this, long-term shareholders are more likely to start looking into the company's price-to-earnings ratio. A Look at Ovintiv P/E Relative to Its CompetitorsThe P/E ratio is used by long-term shareholders to assess the company's market performance against aggregate market data, historical earnings, and the industry at larg ...

Sable is seeking the Trump administration’s help to jumpstart a California oil project stalled by red tape https://t.co/1veRMavQVF ...

Oil futures lose ground as a U.S.-mediated deal seeking to end the Israel-Hamas war in Gaza takes some geopolitical premium out of the market."The immediate effect of the agreement was a reduction in fears of a regional escalation that could disrupt energy supply routes," Antonio di Giacomo of XS.com says in a note. "Some analysts believe this first step could pave the way for more ambitious negotiations with Iran, adding another factor of relief to crude oil prices."Further downside risks for crude include ...

Oscar Wyatt, the Houston oilman who once served prison time for paying kickbacks to Saddam Hussein’s government in Iraq to win contracts at a time when the United Nations was enforcing limits on sales of Iraqi oil, has died. He was 101 https://t.co/71VxV6KJVT ...

Core Viewpoint - Oil prices remained stable as investors focused on a potential peace deal in Gaza that may reduce geopolitical risks in the Middle East [1] Group 1: Oil Market Reaction - Brent crude and WTI prices increased by 0.3%, reaching $62.19 and $66.43 per barrel, respectively, after initially opening lower [1] - The immediate effect on oil markets is expected to be a slight decrease in the geopolitical risk premium, estimated at about 1%-2% of the current Brent price [2] Group 2: Long-term Implications - If the peace plan proves credible and leads to stable peace, its impact on oil prices could be more structural and profound [2]