David Ryabchikov, Author at EmeraldBay Trading

Bessent Says He Doesn’t “Understand” Oil Price Spike After Trump War Escalation

Oil prices rose after Trump threatened “ECONOMIC D-DAY,” then again after Bessent vowed to “collapse” Iran’s government. Treasury Secretary Scott Bessent speaks to members of the press outside the West Wing at the White House on August 20, 2026 in Washington, D.C. Alex Wong / Getty Images Did you know that Truthout is a nonprofit

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Oil hits 3-week high on Middle East supply concerns amid war impasse, Money News

Uncategorized / By David Ryabchikov

LONDON — Oil prices climbed to three-week highs on Thursday (Aug 20), driven by concerns that the impasse in the Iran war will continue to disrupt supply from the key Middle Eastern producing region. Brent crude futures for October delivery rose US$1.20 (S$1.53), or 1.3 per cent, to US$92.82 a barrel by 8.13am GMT (4.13pm

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Oil majors reap $93 billion windfall from the Iran war

Uncategorized / By David Ryabchikov

Oil prices have soared in recent months as a result of the almost complete closure of the Strait of Hormuz, a key trade corridor connecting Asia and Europe. High fossil fuel prices have helped to drive up the profits of oil and gas companies around the globe, particularly in the United States and Europe. As

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U.S. Shale Majors Cut Spending Despite Higher Oil Prices

Uncategorized / By David Ryabchikov

By Irina Slav – Aug 17, 2026, 6:00 PM CDT U.S. shale producers are cutting spending, prioritizing debt reduction and shareholder returns despite higher oil prices. Production growth is slowing, with the EIA expecting output to rise just 200,000 bpd in 2026. With spending plans what they are, the rig addition rate may change. U.S.

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Wall Street indexes slip as oil prices rise, retail results awaited

Uncategorized / By David Ryabchikov

Wall Street indexes slip as oil prices rise, retail results awaited https://www.investing.com/news/economy-news/nasdaq-futures-gain-as-tech-stocks-climb-4862660

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Aramco Deepens Asia Oil Discount Ahead of Possible Hormuz Deal

Uncategorized / By David Ryabchikov

By Julianne Geiger – Aug 06, 2026, 11:30 AM CDT Saudi Arabia cut the price of its flagship crude for Asian buyers again as hopes of a deal to move more tankers through the Strait of Hormuz pushed oil prices lower. Saudi Aramco will reduce the September official selling price for Arab Light by 50

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Weak Energy Demand May Signal a Much Bigger Economic Problem

Uncategorized / By David Ryabchikov

By Gail Tverberg – Aug 06, 2026, 11:00 AM CDT Oil’s muted response to the Hormuz disruption reflects weak purchasing power and fragile demand. Slowing energy consumption has historically coincided with financial crises, conflict, and political instability. Falling asset prices, layoffs, defaults, and government failures could precede a painful economic restructuring. With the recent closure

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PSX surges on renewed US-Iran peace hopes, decline in global oil prices

Uncategorized / By David Ryabchikov

A stock broker walks past a digital board showing share prices at the Pakistan Stock Exchange (PSX) in Karachi on March 10, 2026. — AFP Market is taking a sigh of relief, says analyst. Earnings season also boosting market: analyst. PSX closed at 177,083.22 points on previous day. The Pakistan Stock Exchange (PSX) rebounded sharply on

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U.S. stocks leap toward record as profits keep piling up, oil prices ease

Uncategorized / By David Ryabchikov

The U.S. stock market is rallying toward a record on Tuesday (August 4, 2026) as companies keep piling up profits and oil prices ease. The S&P 500 climbed 1.7% and is on track to top its all-time high set a couple months ago. The Dow Jones Industrial Average added 966 points, or 1.8%, to its

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Oil Markets Price In an Iran Deal That Does Not Exist Yet

Uncategorized / By David Ryabchikov

By Julianne Geiger – Aug 04, 2026, 1:19 PM CDT Oil prices tumbled Tuesday as traders once again priced in a U.S.-Iran agreement before anyone had actually signed one. West Texas Intermediate was trading at $75.64 per barrel shortly before 2 p.m. ET, down $4.70, or 5.85%, while Brent had fallen $4.61 to $79.16. Both

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Author name: David Ryabchikov

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