Shell (SHEL LN) CEO says there is more pressure to the downside on oil prices at the moment - CNBC interview
The CEO of Shell highlighted increasing downward pressure on oil prices during a CNBC interview, suggesting potential oversupply or weakening demand concerns.
Newmont (NEM) says all activities at Tanami site have been suspended; member of its workforce has died following incident at Tanami mine site in the Northern territory, Australia, on February 4th
US Treasury Secretary Bessent says the rats are leaving the ship in Iran; Iran leadership wiring money out "like crazy"
Shell (SHEL LN) CEO says there is more pressure to the downside on oil prices at the moment - CNBC interview
Cuba says it is developing contingency plan to deal with fuel shortages and details to be released over the next week
US Treasury Secretary Bessent says Trump has talked about a 1yr cap on card rates; profits of credit card firms need not be hit
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This outlook could impact market sentiment and lead to bearish trading strategies in energy stocks and commodities. Traders should monitor how this sentiment influences WTI prices and related equities in the energy sector.
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