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The Latest Breaking News from Saudi Aramco

Here's how SpaceX’s debut stacks up against other major IPOs

After a strong start, questions remain on how the company will reach profitability.

Fortune

Crude Oil Price Today (June 15): Oil hits March lows, down 4% as US, Iran agree peace deal. What are experts saying?

Brent Crude oil price : Brent crude futures fell $3.58, or 4.10%, to $83.75 a barrel, while U.S. West Texas Intermediate crude declined $4.01, or 4.72%, to $80.87. Both benchmarks had already fallen more than 3% on Friday.

The Economic Times

Live updates from SpaceX IPO debut: SpaceX valuation at over $2 trillion as stock closes at $161.11 following record first day of trading

After 24 years of anticipation, the SpaceX IPO finally debuted at just over $150 a share, turning Elon Musk into the world’s first trillionaire.

Fortune

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BPCL, HPCL, IOCL shares rally up to 4% as oil prices hit two-month low. What are experts saying?

Indian oil marketing stocks surged as crude oil prices dropped to a two-month low amid reports of a potential US-Iran peace deal. HPCL, IOCL, and BPCL shares gained significantly on Friday. Experts, however, caution that full oil market normalization could take years even if a deal is reached.

The Economic Times

Oil Price Today (June 9): Crude oil falls 1% as Israel and Iran pause strikes. Where is liquid gold headed?

Oil prices eased in early Tuesday trading after Iran and Israel indicated a pause in hostilities, reducing immediate concerns over supply disruptions. However, both countries kept the door open for renewed military action despite agreeing to halt attacks following an appeal from U.S. President Donald Trump.

The Economic Times

Oil Price Today (June 8): Crude oil flares up 5% as Israel attacks Iran, Lebanon in latest escalation. What's next?

Oil prices surged 5% on Monday after Israel launched fresh strikes on Lebanon, raising fears of renewed Middle East tensions and potential disruptions to crude flows through the Strait of Hormuz. U.S. crude climbed to $92.64 a barrel, while Brent crude rose to $95.42 a barrel.

The Economic Times

Spacex IPO is said to draw more orders than shares available

SpaceX’s $75 billion IPO is already oversubscribed, signaling strong institutional demand and positioning it to become the largest listing ever. The Elon Musk-led firm may surpass Saudi Aramco’s record. Shares are priced at $135, valuing the company near $1.8 trillion, with trading expected to begin mid-June.

The Economic Times

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Oil Price Today (June 4): Crude oil slips as Israel-Lebanon ceasefire fuels Iran war peace hopes. What’s next?

Oil prices dipped as a ceasefire between Israel and Lebanon sparked hopes for broader diplomatic progress, potentially easing U.S.-Iran tensions. The U.S. House also passed a resolution limiting President Trump's military action against Tehran. Despite these developments, analysts warn that disruptions in the Strait of Hormuz could significantly impact global…

The Economic Times

SpaceX eyes $75 billion IPO, valuing company at $1.77 trillion

SpaceX, Elon Musk’s rocket and satellite company, said on Wednesday it plans to raise about $75 billion in an initial public offering, valuing the company at $1.765 trillion. The company will offer 555.6 million shares at $135 each, surpassing Saudi Aramco’s record $25.6 billion IPO in 2019.

France 24

Oil Price Today (June 3): Crude oil nears $100 again as Iran launches attack in fresh escalation. What are experts saying?

Middle East tensions escalated as Iran launched missiles, prompting U.S. strikes and rattling oil markets. Brent and WTI crude prices saw a notable increase. Diplomatic efforts between Tehran and Washington remain stalled, with mixed signals on negotiations. The strategic Strait of Hormuz remains a key focus for traders amid ongoing…

The Economic Times

Oil Price Today (June 2): Crude oil at $95 per barrel amid conflicting Iran war signals. What are experts saying?

Oil prices held steady Tuesday, following Monday's surge, as global markets weighed U.S.-Iran ceasefire talks and the potential reopening of the Strait of Hormuz. Conflicting reports emerged regarding negotiations, with President Trump suggesting talks continue while Iranian media indicated a halt.

The Economic Times

Oil Price Today (June 1): Crude oil gains over 2% as Israel attacks Iran-backed Hezbollah. What are experts saying?

Oil prices surged over 2% as Israel advanced troops into Lebanon. This escalation follows peace talks and weakens hopes for a U.S.-Iran ceasefire extension. Crude futures saw significant gains. The conflict, a spillover from the Iran war, has impacted global oil flows. Analysts suggest a prolonged Strait of Hormuz closure…

The Economic Times

Oil prices tumble 11% for biggest weekly drop in 7 weeks. Where is liquid gold headed from here?

Global markets rallied as oil prices hit seven-week lows. Hopes for a peace deal between the US, Israel, and Iran eased inflation fears. Brent crude and WTI saw sharp declines. Diplomatic efforts continue, but differing descriptions of a potential deal persist. Geopolitical tensions remain a factor. Analysts suggest restoring normal…

The Economic Times

Oil Price Today (May 29): Crude oil falls as peace deal hopes offset constant tensions. What are experts saying?

Oil prices saw a slight dip on Friday. Hopes for a U.S. and Iran ceasefire extension are influencing the market. U.S. Vice President JD Vance indicated progress but noted unresolved issues. Geopolitical tensions remain high. Analysts suggest a prolonged Strait of Hormuz closure could impact global oil markets significantly.

The Economic Times

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The Economic Times

Oil Price Today (May 28): Crude oil surges nearly 3% after Iran says it targeted US airbase in retaliation for fresh American strikes

Oil prices surged as US strikes in Iran heightened fears of shipping disruptions through the Strait of Hormuz. Iran's Revolutionary Guards claimed to have struck a US airbase, while US forces downed Iranian drones and struck a control station. Analysts warn that even a deal may not immediately normalize shipping,…

The Economic Times

Oil Price Today (May 27): Crude oil hovers near $100 amid mixed cues on Iran war peace deal. What are experts saying?

Brent crude prices remained volatile as U.S. strikes in southern Iran and mixed signals from President Trump over talks with Tehran kept traders cautious. Disruptions through the Strait of Hormuz are increasing pressure on the global oil market, with inventories declining and potential production losses mounting.

The Conversation

Canada should ban fossil fuel ads ahead of the 2026 FIFA World Cup

When the FIFA Men’s World Cup arrives in Toronto soon, it will be accompanied by one of its highly controversial Major Worldwide Partners, Saudi Arabia’s national fossil fuel company, Saudi Aramco.

The Economic Times

Why Indian investors are looking at space economy ETFs ahead of SpaceX IPO: Subho Moulik of Appreciate decodes

Indian investors are eyeing the global space economy ahead of the SpaceX IPO. With no pure-play listed space companies in India, global ETFs offer a route to invest. Investors can also participate directly in SpaceX through the Liberalised Remittance Scheme. Experts advise separating listing excitement from investment discipline. Long-term holding…

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The Economic Times

Oil Price Today (May 26): Crude oil nears $100 as US strikes southern Iran. What are experts saying?

Oil prices saw a jump on Tuesday. This followed U.S. military strikes in southern Iran. Tensions remain high as a deal to end the conflict appears uncertain. Iran has disrupted shipping through the Strait of Hormuz, impacting global energy flows. Discussions are ongoing for a potential agreement. Analysts warn of…

The Economic Times

BPCL, HPCL and IOC shares soar up to 6%. Here are two big triggers

Indian oil stocks surged as crude oil prices dropped to a two-week low, driven by progress in US-Iran peace talks. This optimism, coupled with a recent fuel price hike, boosted shares of HPCL, IOC, and BPCL. Analysts, however, caution that full market normalization could take months.

The Economic Times

Oil Price Today (May 25): Crude oil hits 2-week low as US-Iran peace deal moves closer. Is the worst behind?

Oil prices dipped to two-week lows as U.S.-Iran peace talks showed progress, potentially reopening the vital Strait of Hormuz. Despite optimism, significant hurdles remain, with disruptions continuing to impact global oil supplies. Analysts caution that even with a deal, full normalization could take months, with potential impacts extending for years.

Euronews

Ahead of the SpaceX IPO, a look at the biggest stock market debuts ever

From Saudi Aramco to Facebook, these are the biggest IPOs in history and why SpaceX could dwarf them all.

The Guardian - UK

Saudi Aramco profits jump despite conflict in Middle East

Saudi Arabia’s state oil company’s profits up 26% to £26.9bn in first three months of year

inkl

SpaceX’s $1.75T Ambition Tests Market Liquidity and Investor Confidence

Preparations for what could be the largest IPO in history are shaping a new investment reality for SpaceX, in which the scale of its ambitions collides with questions about the sustainability of its business model. Preliminary estimates suggest a capitalization of $1.75 trillion, with a targeted raise of approximately $75…

The Guardian - UK

$30m an hour: big oil reaping huge war windfall from consumers, analysis finds

Exclusive: Climate action blockers including Saudi Arabia, Russia and major fossil fuel firms set to make extra $234bn by end of 2026

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