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02/04/2026
Brent crude oil futures closed at $101.16 per barrel, down $2.81, or 2.7%.
Latest
4 m ago
According to Politico, President Trump is set to deliver an important speech during prime time on Wednesday evening local time, where he will announce that the month-long war with Iran is coming to an end. Trump has conveyed this message in interviews, social media posts, and public statements over the past 24 hours, laying the groundwork for the upcoming speech. Six sources revealed that Trump is expected to claim in this speech that all military objectives have been achieved. Trump also plans to harshly blame NATO allies for the unresolved issue of restricted navigation in the Strait of Hormuz in this war. As Trump prepares to speak, 2500 US Marines are heading to the Middle East. The speech may primarily aim to alleviate voters' concerns and Wall Street's anxiousness over the potential energy market and strait closure chain reaction. As the conflict continues, this speech provides Trump with an opportunity to outline the war objectives, the so-called "victory" criteria, and how he plans to proceed if ceasefire negotiations reach a deadlock.
15 m ago
Australian Resources Minister: plans to study measures to ensure Australia's energy supply in the event of a possible shortage of local natural gas on the east coast in the third quarter of 2026.
24 m ago
On Wednesday, the US stock market closed with the Dow Jones up 0.49%, the S&P 500 up 0.7%, and the Nasdaq up 1.16%. Western Digital (WDC.O) rose 10%, while Intel (INTC.O), SanDisk (SNDK.O), and Micron Technology (MU.O) all rose about 9%. Nike (NKE.N) plummeted 15%. The Nasdaq China Golden Dragon index rose 0.3%, with iQIYI (IQ.O) up 2%, JD.com (JD.O) down 2%, and Alibaba (BABA.N) down 1%.
24 m ago
Nike's stock price closed down 16%, marking the largest single-day decline since June 2024.
25 m ago
The three major indexes of US stocks closed higher.
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