NiseriN/iStock via Getty Images Libya's National Oil Corporation announced late Wednesday a trio of oil and gas discoveries with Italy's Eni ( E ), Spain's Repsol ( REPYF ) ( REPYY ), and Algeria's Sonatrach, as exploration activity regains traction across some of the country’s most important producing regions. The highest-profile result came offshore western Libya, where NOC and Eni ( E ) confirm...
NiseriN/iStock via Getty Images Libya's National Oil Corporation announced late Wednesday a trio of oil and gas discoveries with Italy's Eni ( E ), Spain's Repsol ( REPYF ) ( REPYY ), and Algeria's Sonatrach, as exploration activity regains traction across some of the country’s most important producing regions. The highest-profile result came offshore western Libya, where NOC and Eni ( E ) confirmed a new gas discovery ~95 km from shore; the well reached a total depth of 10,458 ft, with two separate tests showing flow rates of 14M cf and 24M cf. NOC and Repsol ( REPYF ) ( REPYY ) reported a new oil discovery in the Murzuq Basin, ~800 km south of Tripoli; the well was drilled to 4,325 ft and is producing an average rate of 763 bbl/day. The third discovery included oil and gas near the Wafa field in the Ghadames Basin with Sonatrach, where the exploration well was drilled to 8,440 ft, flowing at 13M cf/day of gas and 327 bbl/day of condensates. More on Eni and Repsol Eni Returned Over 100% Since My Buy Call: Here Is How Much Upside Is Left Eni Analyst/Investor Day - Slideshow Repsol: Strong Buy Following Capital Markets Day
US President Donald Trump said he plans to impose a 20 per cent tariff on all cars imported from the European Union unless the trade bloc “soon” removes import duties and other barriers to US goods, escalating global trade tensions. “Based on the Tariffs and Trade Barriers long placed on the US and it great companies and workers by the European Union, if these Tariffs and Barriers are not soon bro...
US President Donald Trump said he plans to impose a 20 per cent tariff on all cars imported from the European Union unless the trade bloc “soon” removes import duties and other barriers to US goods, escalating global trade tensions. “Based on the Tariffs and Trade Barriers long placed on the US and it great companies and workers by the European Union, if these Tariffs and Barriers are not soon broken down and removed, we will be placing a 20% Tariff on all of their cars coming into the U.S....
Intercontinental Exchange Inc. will boost the margins traders have to post for its Brent crude and European diesel futures contracts as the war in Iran sends volatility surging across commodity markets. The increases effectively more than double the cost of trading the world’s most liquid crude and diesel futures contracts. Clearing houses require investors to put up cash, known as initial margins...
Intercontinental Exchange Inc. will boost the margins traders have to post for its Brent crude and European diesel futures contracts as the war in Iran sends volatility surging across commodity markets. The increases effectively more than double the cost of trading the world’s most liquid crude and diesel futures contracts. Clearing houses require investors to put up cash, known as initial margins, to manage the risk associated with the contracts. Those margins tend to rise sharply in times of heightened volatility. Margins for the nearest Brent futures contract will more than double to just over $11,000, while for the nearest ICE gasoil, or diesel, contract they will rise more than four times to almost $21,000. Brent futures have soared since the war in Iran, at times approaching $120 a barrel, before tumbling after a ceasefire agreement emerged this week. Fuel markets like diesel have been the epicenter of the oil crisis and so volatility there has been even greater. ICE said the hikes would be effective from close of business on Friday, April 10th.
Getty Images By Elior Manier The US-Iran ceasefire is a fragile one, to say the least, but this doesn't prevent ever-hungry stock markets to remain strong. Sentiment quickly turned from extreme fear to what could be considered to be relative greed: indexes have bounced between 7% to 10% from their war lows in a matter of a few sessions after the rumors, then realization of an actual US-Iran-Israel...
Getty Images By Elior Manier The US-Iran ceasefire is a fragile one, to say the least, but this doesn't prevent ever-hungry stock markets to remain strong. Sentiment quickly turned from extreme fear to what could be considered to be relative greed: indexes have bounced between 7% to 10% from their war lows in a matter of a few sessions after the rumors, then realization of an actual US-Iran-Israel truce. The CNN Fear & Greed index is still in fear territory – but this indicator is quite dodgy. The issue comes from pre-existing disagreements between US and Iranian demands for a proper peace process to engage, as the current ceasefire only aims to find common ground between the Allies and the Islamic regime. Hezbollah activity has not ceased, leading to pursued Israeli operations in Lebanon, and this is a contentious terrain for the brittle negotiations. The latest news saw US President Trump putting pressure on his Israeli counterpart to de-escalate this battle, and PM Netanyahu just announced that they will be starting direct discussions with the Lebanese Government – a material turn in narrative. Oil and Dow Jones Inverted correlation (Beginning April). Source: TradingView – April 9, 2026 After rallying back above the key $100 level, crude oil has started to ease its run higher, and this is a soothing development for stock markets. The action was quite muted and uncertain since the 9:30 Opening Bell, but the flash news is for now acting as a fresh breeze for buyers to step back in – the move continuing higher will be contingent on how Iran responds and if the situation can really progress from here. At least, recent pressure from Trump shows that the US is serious about this ceasefire, which should help market sentiment ahead. With recent uncertainty freshly clearing, we will look at the short-timeframe intraday charts and trading levels for the major US indexes: the Dow Jones, Nasdaq, and S&P 500. Current Session's Stock Heatmap Current picture for the Stock Marke...
Iconic star ball design has been in place since 2001 Nike to pay $45m a year to supply Uefa club competitions The iconic Champions League ball will be redesigned next year after Nike entered exclusive talks with Uefa to become the official match ball provider for the 2027 to 2031 cycle of the competition. The US sportswear group has beaten off competition from incumbent supplier Adidas and fellow ...
Iconic star ball design has been in place since 2001 Nike to pay $45m a year to supply Uefa club competitions The iconic Champions League ball will be redesigned next year after Nike entered exclusive talks with Uefa to become the official match ball provider for the 2027 to 2031 cycle of the competition. The US sportswear group has beaten off competition from incumbent supplier Adidas and fellow challenger Puma after offering to double Uefa’s current fee to around $45m per year. Continue reading...
The Artemis II astronauts don't have a lot of space to exercise. That's why they've got the flywheel — a small device that can be used for strength and cardio workouts. (Image credit: NASA)
The Artemis II astronauts don't have a lot of space to exercise. That's why they've got the flywheel — a small device that can be used for strength and cardio workouts. (Image credit: NASA)
The artist will follow in the footsteps of Ariana DeBose, Cynthia Erivo and Kevin Spacey this June The Tony awards have turned to a singer with a reputation for a high-energy, physical live show to be the next telecast host – Pink. The three-time Grammy award winner will make her debut as emcee for the awards on 7 June at its familiar home of Radio City Music Hall. Continue reading...
The artist will follow in the footsteps of Ariana DeBose, Cynthia Erivo and Kevin Spacey this June The Tony awards have turned to a singer with a reputation for a high-energy, physical live show to be the next telecast host – Pink. The three-time Grammy award winner will make her debut as emcee for the awards on 7 June at its familiar home of Radio City Music Hall. Continue reading...