Oil - Tech Business Book

Tesla Misses Earnings, Meta Slashes Jobs, and U.S. Tightens Oil Sanctions on Russia — Your Morning Market Brief

October 27, 2025

1. Tesla Hits a Speed Bump All eyes were on Tesla yesterday as it kicked off the new earnings season among the “Magnificent Seven” tech giants. Despite a slight recovery in revenue after two declining quarters, earnings per share fell short of market expectations due to rising capital expenditures. During the company’s earnings call, Elon […]

Tesla Fights $243M Autopilot Crash Verdict, Seeks Dismissal or New Trial

Global Oil Prices Slip, But Weekly Gains Stay Intact Amid Tariffs and Supply Concerns

August 29, 2025

Oliver Bennett

Global Oil Prices Slip, But Weekly Gains Stay Intact Amid Tariffs and Supply Concerns

Latest Business News & Market Updates

Crude oil prices eased slightly on Friday but remained on track for another weekly gain as fresh U.S. tariffs on Indian exports raised questions over the future flow of Russian crude. As of writing, Brent crude traded at $68.17 per barrel, while West Texas Intermediate (WTI) hovered near $64.20, both edging lower from Thursday’s close. […]

Oil Prices Rebound on U.S. Demand Strength Despite Sanctions Uncertainty

Citi Predicts Brent Crude Could Slide to Low-$60s by Year-End Amid Market Softening

August 12, 2025

Oliver Bennett

Latest Business News & Market Updates

Analysts at Citibank expect Brent crude prices to drift toward the low $60 per barrel range before the year closes, pointing to signs of a cooling market. As of Wednesday afternoon, Brent futures traded at $66.53 per barrel, down 36 cents, while U.S. West Texas Intermediate (WTI) slipped 38 cents to $63.97.The bank noted that […]

Oil Prices Rebound on U.S. Demand Strength Despite Sanctions Uncertainty

August 8, 2025

Oliver Bennett

Latest Business News & Market Updates

Oil prices climbed on Thursday, snapping a five-day losing streak, as strong consumption in the United States—the world’s largest oil consumer—helped offset concerns over potential supply disruptions. Hopes for progress in U.S.-Russia talks over the Ukraine conflict also tempered fears of additional sanctions tightening global supplies. By early Asian trading, Brent crude rose 20 cents, […]

Oil Holds Firm Amid Tariff Tensions and Sanctions Shockwaves

August 4, 2025

Oliver Bennett

Latest Business News & Market Updates

Oil prices remained largely unchanged on Friday but stayed on track for strong weekly gains, as global investors closely monitored the effects of sweeping U.S. tariffs and looming sanctions announced by former President Donald Trump. Brent crude futures slipped by 35 cents (0.49%) to $71.35 a barrel by 10:39 GMT, while U.S. West Texas Intermediate […]

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