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KRSP News30 articles
EU Gas Prices Hold Near €54 as Supply Fears Mount Ahead of Winter
European benchmark gas prices remain elevated near €54 per megawatt-hour as EU ministers plan emergency talks. Storage levels are critically low at 28%, with Germany reporting higher inflation driven by energy costs.
Uber's Blacklane Acquisition Fuels $100 Share Price Debate Amid Analyst Divergence
Uber Technologies advanced 1.4% to $70.15 after announcing its acquisition of chauffeur service Blacklane, while Wells Fargo trimmed its price target to $95. The company reported $52 billion in 2025 revenue and 202 million monthly active users.
Oil Prices Surge as Hormuz Disruption Sparks Record Supply Shock
Brent crude surged past $112 a barrel as the International Energy Agency warned of a historic supply shock due to constrained Strait of Hormuz shipments. Traders are bracing for prolonged disruptions ahead of a key OPEC+ meeting.
Global LNG Disruptions Propel U.S. Natural Gas Prices Above $3
U.S. Henry Hub natural gas futures gained over 3% to hold above $3, supported by supply outages at major LNG facilities in Australia and critically low gas storage levels in Europe.
Global LNG Squeeze Widens Price Gap, U.S. Exports Surge
U.S. natural gas futures climbed over 2% this week, but prices remain far below European and Asian benchmarks as robust LNG export demand and international supply shocks strain global markets.
Bitmine Stock Drops as Ether Price Slide Overshadows New Staking Platform
Bitmine Immersion Technologies shares declined 5.4% to $18.39 on Friday, pressured by a drop in ether below $2,000. The slide overshadowed the company's recent launch of its MAVAN institutional staking platform.
EPA Grants Summer E15 Waiver to Ease Gas Prices, Impact May Be Limited
The U.S. EPA issued an emergency waiver permitting summer sales of E15 gasoline starting May 1 to address high pump prices. However, infrastructure and supply limitations may curb the policy's effectiveness.
European Gas Storage Rush Sparks Price Rally, Lifts LNG Stocks
European natural gas prices have jumped more than 70% since late February after the European Commission called for an early start to refilling storage. Tight global LNG supply is supporting high prices and boosting shares of key U.S. exporters.
XRP Slumps 4% Amid Geopolitical Tensions and Oil Price Surge
XRP declined approximately 4% to $1.36 Thursday as surging oil prices and fading Middle East ceasefire hopes sparked a widespread crypto market downturn. Bitcoin and Ether also saw significant losses.
Merck's $6.7B Terns Buyout Anchors Stock Near Offer Price
Merck has agreed to acquire Terns Pharmaceuticals in a $6.7 billion all-cash deal. Terns shares traded at $52.86, close to Merck's $53-per-share offer, as investors weigh the deal's completion.
Oil Surges Past $104 as Supply Fears Intensify, U.S. Gas Prices Hold Steady
Crude oil prices climbed sharply as hopes for a Middle East ceasefire faded, with Brent crude reaching $104.30 a barrel. U.S. gasoline prices remained elevated near $4 per gallon.
Airline Stocks Rally as Oil Price Dip Eases Fuel Cost Pressure
Airline stocks advanced Wednesday as declining oil prices alleviated fuel cost pressures. American Airlines gained 3.6%, with United and Delta also rising.
European Gas Prices Retreat Amid Qatar Supply Shock, Storage Concerns Mount
European natural gas benchmarks declined Tuesday but stayed well above last month's levels after QatarEnergy invoked force majeure on LNG contracts, reducing export capacity. Storage levels are low, with Shell cautioning about possible supply shortfalls.
American Airlines Stock Dips Amid Oil Price Surge, Analyst Target Cuts
American Airlines shares dropped over 2% as Brent crude climbed above $101, pressuring airline fuel costs. UBS reduced its price target on AAL, citing sector risks.
B2Gold Shares Recover Amid Gold Price Weakness, Faces 2026 Cost Pressures
B2Gold Corp shares gained nearly 4% Monday, rebounding from last week's selloff. The miner forecasts lower 2026 production and higher costs while navigating a leadership transition and regulatory shifts in Mali.
Kratos Defense Shares Slide 9% Amid Market Selloff, Nearing Recent Offering Price
Kratos Defense shares dropped sharply on Friday, closing at $84.62 after an 8.79% decline. The selloff brings the stock near the $84 price from its recent equity offering as broader markets retreated.
Mortgage Rates Climb as Treasury Yields, Oil Prices Pressure Housing Market
U.S. mortgage rates increased this week, with the 30-year fixed average reaching 6.22% and daily readings hitting 6.53%, the highest level since September. Rising Treasury yields and oil prices are pushing borrowing costs upward.
European Gas Soars on Qatar Supply Shock, U.S. Prices Retreat
European natural gas benchmarks surged toward three-year highs following missile strikes that crippled a major Qatari export terminal, potentially disrupting supplies for years. U.S. gas prices retreated from midweek gains despite rising export expectations.
Bitcoin Stabilizes Near $70K Amid ETF Outflows, Energy Price Surge
Bitcoin steadied around $70,400 Saturday, recovering from a mid-week dip below $70,000. The cryptocurrency faced pressure from consecutive U.S. spot ETF outflows and a spike in Brent crude above $112.
Oil Prices Defy U.S. Release, Hit Multi-Year Highs Amid Supply Crisis
Global oil benchmarks surged to multi-year highs as supply disruptions in the Middle East overwhelmed a U.S. move to release stranded Iranian crude. Brent settled at $112.19 a barrel, its highest since July 2022.
B2Gold Shares Extend Losses Amid Gold Price Retreat and Rising Cost Outlook
B2Gold Corp shares continued to decline as a sector-wide selloff in gold miners intensified. The company faces increased cost projections for 2026, adding pressure amid falling bullion prices.
Indian Markets Rebound Sharply on Easing Oil Prices and IT Rally
Indian equity indices staged a strong recovery on March 20, 2026, with the Sensex jumping 891 points. The rally was fueled by falling crude oil prices and a surge in IT stocks.
European Gas Prices Soar on Qatar LNG Outage, Inflation Fears Mount
European natural gas prices surged to their highest level since early 2023 after an attack on Qatar's LNG infrastructure knocked out a significant portion of global export capacity, threatening supplies to Europe and Asia and prompting central bank inflation warnings.
U.S. Gas Prices Approach $4 as Mideast Conflict Drives Oil Surge
U.S. gasoline prices climbed toward $4 per gallon Thursday as Brent crude briefly surpassed $119 following Iranian strikes on Gulf energy facilities, with diesel topping $5 for only the second time on record.
European Gas Prices Surge on Geopolitical Tensions, Qatar LNG Outage
European natural gas prices surged Wednesday amid fresh Middle East tensions and a prolonged outage at Qatar's major LNG export facilities, driving benchmark contracts sharply higher.
Producer Prices Surge 3.4% in February, Delaying Fed Rate Cut Expectations
U.S. producer prices rose 0.7% in February, exceeding forecasts and driving the annual rate to 3.4%. The hotter-than-expected data sent stocks lower and pushed back market expectations for the Federal Reserve's first interest rate cut.
U.S. Fuel Prices Surge Despite Crude Oil Retreat
U.S. gasoline and diesel prices climbed sharply this week despite falling crude oil prices, highlighting severe refined product shortages. China's fuel export ban is exacerbating global supply constraints.
U.S. Natural Gas Prices Hold Near $3 Amid Rising Production and Regional Glut
U.S. natural gas prices remained subdued near $3.03 per mmBtu as increased domestic production and softer demand forecasts pressured the market. West Texas's Waha hub saw cash prices stay negative for a historic 27-day stretch due to pipeline constraints.
Dow Gains as Fed Decision Nears; Oil Prices Stoke Inflation Concerns
The Dow Jones Industrial Average advanced on Tuesday as investors positioned for the Federal Reserve's policy announcement, looking past elevated oil prices linked to Middle East tensions. Brent crude traded above $101 a barrel.
UiPath Shares Stagnate as Slashed Price Target Fuels AI Revenue Concerns
UiPath shares were nearly unchanged Monday, underperforming the broader AI rally after BMO Capital reduced its price target. The automation firm faces scrutiny over its decelerating revenue growth projections for fiscal 2027.