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CPKC sets second-quarter revenue record as operating income rises 10% Your Freight Funnel Is Leaking Margin: What Your Reports Won't Show Transponders Off: Saudi Crude Tankers for India Exit Red Sea 'Dark' to Avoid Houthi Blockade Nvidia’s Open Source Alliance Snubs OpenAI and Anthropic, Deepening AI Rift For the First Time, Zoox Can Charge People for Rides in Its Steering-Wheel-Free Robotaxis Chrome's AI-Driven Bug Hunt Spurs Twice-a-Week Security Patches, Google Reports Domestic Sugar Prices to Remain Firm in Short-Term, Says Triveni Engineering Saia’s Softer Q3 Margin Guidance Triggers 12% Share Drop Despite Record Q2 Results Buffalo meat and non-basmati rice lead 14% surge in India's Q1 agri exports Mahindra & Mahindra Records 34% Profit Jump Despite Commodity Cost Headwinds CPKC sets second-quarter revenue record as operating income rises 10% Your Freight Funnel Is Leaking Margin: What Your Reports Won't Show Transponders Off: Saudi Crude Tankers for India Exit Red Sea 'Dark' to Avoid Houthi Blockade Nvidia’s Open Source Alliance Snubs OpenAI and Anthropic, Deepening AI Rift For the First Time, Zoox Can Charge People for Rides in Its Steering-Wheel-Free Robotaxis Chrome's AI-Driven Bug Hunt Spurs Twice-a-Week Security Patches, Google Reports Domestic Sugar Prices to Remain Firm in Short-Term, Says Triveni Engineering Saia’s Softer Q3 Margin Guidance Triggers 12% Share Drop Despite Record Q2 Results Buffalo meat and non-basmati rice lead 14% surge in India's Q1 agri exports Mahindra & Mahindra Records 34% Profit Jump Despite Commodity Cost Headwinds
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hormuz strait

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Crude Oil May Drop to $60 as Hormuz Shock Fades, Citi Forecasts Commodities
Energy & Petrochemicals #crude oil#oil prices

Crude Oil May Drop to $60 as Hormuz Shock Fades, Citi Forecasts

Citi analysts predict Brent crude could fall to $60 per barrel by year-end as the Hormuz Strait disruption fades and fundamentals reassert. The bank notes shipping flows normalizing, weak Chinese demand, and lower-than-expected inventory draws. Other banks like Goldman Sachs and Morgan Stanley also see oversupply risks.

Jul 3, 2026 1 source
Oil Flows Through Hormuz Strait Close to Normal, US Energy Secretary Says Commodities
Energy & Petrochemicals #oil#hormuz strait

Oil Flows Through Hormuz Strait Close to Normal, US Energy Secretary Says

U.S. Energy Secretary Chris Wright said crude oil flows through the Strait of Hormuz are near pre-conflict levels, with 20 million barrels and 72 ships transiting in the last 24 hours. Benchmark oil prices fell more than $3 to their lowest since before the Iran war began in February, as supply disruption fears recede. Wright also noted Venezuela's oil exports are rising and could double to 2 million barrels per day by 2029.

Jun 25, 2026 1 source