Author: omc_admin
(Bloomberg) – Oil swung between gains and losses as traders awaited a meeting between Presidents Donald Trump and Volodymyr Zelenskiy, with the Ukrainian leader facing U.S. pressure to agree to ceding territory to Russia. Russian president Volodymyr Zelenskiy West Texas Intermediate futures were little changed near $63 a barrel after fluctuating in a roughly $1 range. In a show of support, European leaders including European Commission President Ursula von der Leyen, French President Emmanuel Macron and NATO Secretary-General Mark Rutte will join the high-stakes meeting in Washington. The U.S. president said after his talks with Vladimir Putin in Alaska…
US President Donald Trump said he will hold off on raising tariffs on Chinese goods over the country’s purchases of Russian oil, citing progress he said was made with Vladimir Putin toward ending the war in Ukraine. “Because of what happened today, I think I don’t have to think about that,” Trump said Friday in a Fox News interview with Sean Hannity after his summit with Putin. “Now, I may have to think about it in two weeks or three weeks or something, but we don’t have to think about that right now.” Trump earlier this month threatened buyers of…
Shopping for a new TV can be daunting, especially if you’re looking for an affordable display that doesn’t cut corners. Plenty of TVs cost under $500, but very few are truly worthwhile. To help you find the right balance between value and performance, I’ve put together a carefully vetted list of the four best TVs under $500. My picks range from 43 to 65 inches, so all spaces are accounted for.I’ve focused on selecting models that deliver the best performance available at each size while still meeting the price requirement. For instance, people who want a solid 65-inch TV for…
Brent crude rose 1.02% to $66.52 per barrel and West Texas Intermediate (WTI) climbed 0.96% to $63.40 on Monday, as Ukrainian President Volodymyr Zelensky arrived in Washington for talks with President Donald Trump. Traders are watching closely for potential shifts in U.S. sanctions on Russian exports, a key driver of global supply dynamics.Prices held steady as traders judged that immediate risks to Russian supply had eased following last week’s Trump-Putin meeting in Alaska, where the two leaders discussed a broader peace framework, according to Reuters.Zelensky arrived in Washington with proposals for a wider security framework and signaled openness to a…
OpenAI CEO Sam Altman warned that the U.S. may be underestimating the complexity and seriousness of China’s progress in artificial intelligence, and said export controls alone likely aren’t a reliable solution.”I’m worried about China,” he said.Over Mediterranean tapas in San Francisco’s Presidio — just five miles north of OpenAI’s original office in the Mission — Altman offered a rare on-the-record briefing to a small group of reporters, including CNBC. He warned that the U.S.–China AI race is deeply entangled — and more consequential than a simple who’s-ahead scoreboard. “There’s inference capacity, where China probably can build faster. There’s research, there’s…
ProFrac and Seismos have entered a strategic partnership for the launch of Closed Loop Fracturing, now available across all major U.S. basins. The collaboration marks the first large-scale deployment of an extensively operator-validated, real-time quality control system, enabling fully automated Closed Loop Fracturing. The system redefines how completions are measured, optimized, and scaled, and illustrates ProFrac’s relentless drive to bring its customers the best available fracturing technology, as well as ProFrac’s confidence in its quality of services, where every stage is independently benchmarked by Seismos’ technology. “This partnership with Seismos builds on the foundation we’ve laid with ProPilot,”…
(Bloomberg) – Oil swung between gains and losses as traders awaited a meeting between Presidents Donald Trump and Volodymyr Zelenskiy, with the Ukrainian leader facing U.S. pressure to agree to ceding territory to Russia. Russian president Volodymyr Zelenskiy West Texas Intermediate futures were little changed near $63 a barrel after fluctuating in a roughly $1 range. In a show of support, European leaders including European Commission President Ursula von der Leyen, French President Emmanuel Macron and NATO Secretary-General Mark Rutte will join the high-stakes meeting in Washington. The U.S. president said after his talks with Vladimir Putin in Alaska…
U.S. solar equities surged on Monday after the Treasury Department issued updated guidance on renewable energy tax credits, delivering long-awaited clarity for developers and investors. The decision provided relief to residential solar providers, which had faced months of uncertainty over whether new federal rules would complicate access to subsidies.Shares of Sunrun gained nearly 9% on Monday, after sealing 5-day gains of nearly 30%, making it the strongest performer in the sector. SolarEdge is sitting on 5-day gains of nearly 22%, still tracking upward momentum on Monday, while First Solar has risen ~18% in five days. Embattered Enphase Energy is up…
A new Tesla variant is coming around the corner.On Monday, Tesla posted a video of the upcoming Model Y L to its account on Weibo, a Chinese social media platform. Translated from Chinese, the post said that the vehicle was “coming soon.”The video shows three rows of seats, the back two of which fold forward. A screenshot from Tesla’s “Model Y L” teaser video posted to Weibo. Weibo/Tesla The middle row of the vehicle features two stand-alone “captain chairs,” which also appear to have new powered armrests that rise up. While the captain chairs in the Model X only tilt…
SIGNAL HILL, CA – MARCH 5: Pumps draw petroleum from oil wells through the night as the cost of crude oil tops $104 per barrel in its surge to new record high prices March 5, 2008 in Signal Hill, California. The cost of crude has California drivers paying more than ever. Statewide gas prices are now 58 cents a gallon higher than the same time last year. (Photo by David McNew/Getty Images)Getty Images The U.S. Energy Information Administration released its short-term energy outlook this week, predicting that oil prices will continue to slide into next year. Brent crude, which averaged…