United States
Expectations that U.S. interest rates may stay elevated for longer capped oil's gains
The U.S. Consumer Price Index for July reported a modest annual inflation rate increase of 2.7 percent
The U.S. dollar dropped to a two-week low against a basket of major currencies amid changing expectations for Fed rate cuts
Traders are betting on the possibility of a 50-basis-point Fed rate cut in September, pushing the dollar lower, lifting gold prices and driving yields down
Trump has warned of “severe consequences” if Putin refuses to agree to peace in Ukraine
COVID-19 accelerated the national debt surge, surpassing earlier projections by years and alarming experts
Markets are currently pricing in a 94.2 percent chance of a 25-basis-point cut in September
Supply growth from non-OPEC+ producers is projected to decrease, affecting overall market balance.
A decline in oil prices is expected to lead to a decrease in output in 2026
Stock market today: U.S. indexes surge as European markets show resilience, Asian stocks open higher
Global stock markets showed positive trends driven by optimistic investor sentiment and easing trade worries
U.S. inflation data met expectations, influencing traders' outlook on potential Fed rate adjustments
