Topic: energy

Venezuela Initiates $150 Billion Debt Restructuring Amid Political Turmoil and Economic Challenges

05/14/2026, 04:33 AM announcement finance energy

The Venezuelan government has initiated a comprehensive process to restructure its substantial sovereign and state oil company debt, which totals at least $150 billion, exceeding 200% of its gross domestic product.

Cuba Faces Fuel Crisis as Oil and Diesel Supplies Deplete Under U.S. Sanctions

05/14/2026, 12:32 AM politics growth energy

Cuba is facing a severe energy crisis as it has run out of oil and diesel, according to Energy Minister Vicente de la O Levy.

Oil Prices Face Uncertainty as IEA Warns of Increased Volatility and OPEC Lowers Demand Forecast

05/13/2026, 07:31 PM forecast Analysts: analysts, ING energy

Oil prices faced downward pressure on Thursday as traders reacted to OPEC's revised demand outlook and the International Energy Agency's warnings about increased volatility.

Analysts recommend a risk reversal strategy on SPDR Gold Shares (GLD) as it approaches key support levels

05/13/2026, 09:33 AM investing recommendation Analysts: analysts finance energy

The SPDR Gold Shares (GLD) has been consolidating and is currently showing signs of a potential bounce off its 150-day moving average, which serves as a support level.

Wholesale Inflation Surges 6% Year-Over-Year in April, Marking Largest Increase Since 2022

05/13/2026, 06:32 AM economy forecast finance energy

In April, wholesale prices experienced their highest annual increase in over three years, indicating persistent inflation pressures as production costs rise.

Analysts highlight significant capital spending growth in AI by major tech companies, with estimates reaching $725 billion by 2026

05/13/2026, 06:32 AM investing forecast Analysts: analysts, BNP Paribas ai energy

(This is CNBC's "Power Insider" newsletter, your inside look at the investments, people and companies powering the global energy industry.

IEA Warns of Continued Oil Price Turmoil as Inventories Deplete at Record Pace

05/13/2026, 06:32 AM forecast Analysts: Morgan Stanley energy

The International Energy Agency (IEA) has issued a warning regarding potential spikes in oil prices due to rapidly depleting inventories, particularly during the peak summer demand period.

India Increases Import Duties on Gold and Silver to 15% Amid Declining Rupee and Rising Trade Deficit

05/12/2026, 09:30 PM announcement finance energy

India has increased import duties on gold and silver from 6% to 15%, comprising a 10% basic customs duty and a 5% tax, following Prime Minister Narendra Modi's call for citizens to reduce bullion purchases.

Trump and Lawmakers Propose Suspension of Federal Gas Tax to Alleviate Consumer Costs

05/12/2026, 12:36 PM business announcement energy

President Donald Trump has proposed suspending the federal gas tax, which is currently set at 18.4 cents per gallon for gasoline and 24.4 cents for diesel.

Analysts Morgan Stanley and JPMorgan Explain Why Oil Prices Remain Stable Despite Major Supply Disruption from Iran War

05/12/2026, 10:35 AM investing research Analysts: analysts, JPMorgan, Morgan Stanley energy

The Iran war has triggered the largest oil supply disruption in history yet future prices are not that high, which has left some investors wondering why.