OPEC+ has decided to increase its oil production targets by 188,000 barrels per day starting in August, continuing a phased rollback of supply cuts made in 2023. This increase comes as the Strait of Hormuz gradually reopens, easing previous disruptions caused by conflict in the region. Despite ongoing challenges, including the UAE's recent exit from the group and Iraq's demand for higher quotas, oil prices have fallen back to pre-war levels around $72 per barrel. The group is expected to further unwind cuts with another increase likely in September, aiming to restore full production capacity.
NRG Esports experienced a historic collapse during the IEM Cologne Major when they lost a 12-0 lead to BIG, who completed the first-ever 0-12 comeback in Counter-Strike Major history. This loss eliminated NRG from the tournament's Stage 1, while BIG ...
Bitcoin options traders are showing bullish sentiment ahead of the July 8 options expiry, coinciding with the release of the Federal Reserve's June meeting minutes. Call options significantly outnumber puts, indicating optimism for Bitcoin to break a...
Solana (SOL) has climbed back above the $80 mark with a 14.4% gain over the past week, reflecting renewed interest in large-cap altcoins. However, a sharp 29% drop in 24-hour trading volume to $1.54 billion suggests weakening buying pressure and pote...
Uber has put on hold its plans to launch services in five European countries, including Austria, Norway, and Greece, despite earlier ambitions to expand into seven new markets in 2026. The company cited the success of recent launches in Finland and D...
The Vanguard S&P 500 Value ETF (VOOV) maintains a buy rating due to its attractive valuation and strong technical indicators. Trading just under 19 times earnings, it offers a 1.5-point price-to-earnings discount compared to the S&P 500, supported by...
