SLB.US executive: Up to 15 oil drilling rigs currently located in Venezuela are expected to be reactivated within less than a year.

Spot gold has just surpassed the $4,480.00/oz mark, last trading at $4,479.88/oz, up 3.36% on the day; COMEX gold futures main contract last traded at $4,538.60/oz, up 2.67% on the day.

U.S. gasoline prices have recently hit a new historical high, with gas station prices reaching a record $5.47 per gallon. According to the latest data, the price difference between diesel and crude oil in the U.S. has also surpassed $102.20 for the first time, setting an all-time record. The upward trend in diesel prices began after recent conflicts involving Iran and has persisted until now; last year, the average price of diesel in the U.S. was $3.69 per gallon, marking a 49% increase to date

The Federal Reserve did not raise interest rates at its July meeting, but inflation risks dominated officials' discussions on the economic outlook. According to the meeting minutes, “many” officials still believe it would be necessary to hike rates if inflation fails to cool down. The term “many” is Fed-speak, referring to a sizable group of officials, but not a majority. Importantly, at the time of the meeting, July inflation data had not yet been released, nor had the July jobs report. The la

mRNA Vaccine Stocks Rise on Moderna-Merck Success -- WSJ