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Trump’s ‘Project Freedom’ boosts oil prices amid Strait of Hormuz tensions

Trump’s ‘Project Freedom’ boosts oil prices amid Strait of Hormuz tensions

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## Market Snapshot WTI Crude Oil market is currently evaluating the likelihood of prices reaching $150 in May. Recent developments have led to increased pricing activity, consistent with the YES outcome. Bitcoin markets for May 6 and 7 show strong support for the price remaining above $66,000, with odds at 99.7% and 99.4% YES, respectively. […]

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Iran tensions push Brent crude to highest since March 2022 at $126.4

Iran tensions push Brent crude to highest since March 2022 at $126.4

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## Market Snapshot The Bitcoin market for May 7 currently shows 99.4% YES pricing for the price being above $66,000, with no significant changes over the past day. Meanwhile, crude oil markets predict a 100% YES outcome for prices hitting $90 by the end of June. ## Key Takeaways – Market sentiment appears consistent with

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Barclays predicts no Fed rate cuts until 2027 amid inflation, oil price concerns

Barclays predicts no Fed rate cuts until 2027 amid inflation, oil price concerns

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## Market Snapshot Fed Rate Cuts Predictions for 2026 are currently at 45% YES, indicating a decrease in likelihood. The Fed Decision markets for June and July 2026 show a 3.6% YES for June and 88.5% YES for July, suggesting differing expectations for rate changes in these months. ## Key Takeaways – Barclays’ forecast of

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Go To The Polling Unit With Bottles, Kerosene – Galadima Issues Election Warning

Go To The Polling Unit With Bottles, Kerosene – Galadima Issues Election Warning

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Secretary of the Board of Trustees of the New Nigeria Peoples Party (NNPP), Buba Galadima has urged Nigerians to defend their votes in the 2027 elections with “bottles and jerry cans of kerosene”. He stated this at a stakeholders’ meeting organised by the Obi-Kwankwaso Movement in Abuja on Saturday. Also, he hinted that key opposition

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Indonesia’s ITS Develops Scalable, High-Efficiency Palm-Based Biogasoline Production Technology

Indonesia’s ITS Develops Scalable, High-Efficiency Palm-Based Biogasoline Production Technology

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SURABAYA, INDONESIA, May 2, 2026 – (ACN Newswire) – Institut Teknologi Sepuluh Nopember (ITS) has developed an innovative technology known as Benwit (Palm Gasoline), enabling the conversion of crude palm oil (CPO) into high-quality biogasoline, and presenting a promising alternative for reducing Indonesia’s substantial dependence on imported petroleum and foreign extraction technologies. Geopolitical tensions have continued

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Chevron Earnings Top Estimates While Refining Swings to Loss

Chevron Earnings Top Estimates While Refining Swings to Loss

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By Julianne Geiger – May 01, 2026, 11:30 AM CDT Chevron beat first-quarter expectations as higher oil prices lifted upstream earnings, offsetting a sharp swing to losses in refining. Adjusted earnings came in at $1.41 per share, well above expectations. Upstream delivered $3.9 billion, up 4% year-on-year, as crude prices surged during the quarter. Brent

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