Friday, May 15, 2026
Friday, May 15, 2026
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BP “Kitchen Sinks” Bad News Before First Female CEO Arrives

BP appears to be "kitchen sinking" its bad news—releasing all negative information at once—before Meg O’Neill becomes the first female CEO of a major...

Morgues Full, Diplomats Flee: Trump Responds with Economic Force

With morgues in Tehran reportedly full and foreign diplomats fleeing the country, President Donald Trump has responded to the Iranian crisis with overwhelming economic...

Truth Social Bombshell: Trump Announces 10% Rate Cap

In a late-night bombshell on Truth Social, Donald Trump has announced a sweeping plan to cap credit card interest rates at 10%. The post,...

PDVSA Rhetoric Contrasts Reality of Venezuela Supplying Oil to US Indefinitely

Petróleos de Venezuela SA's public characterization of negotiations as "strictly commercial transactions" based on "legality, transparency and mutual benefit" regarding Venezuela supplying oil to...

Energy Sector Remains Uncommitted on Trump’s Venezuela Reconstruction Plan

President Trump's announcement that American oil companies will invest billions in Venezuela has produced surprisingly little public enthusiasm from industry leaders. Despite Trump's confident...

Global Petroleum Industry Posts Historic Three-Year Decline

Energy markets have suffered their most severe annual downturn since the coronavirus pandemic, with oil prices tumbling nearly 20% during 2025. The industry confronts...

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