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Why Oil Hasn’t Hit $150—Yet
BusinessEnergyWhy Oil Hasn’t Hit $150—YetByRobert Rapier,Senior Contributor.Forbes contributors publish independent expert analyses and insights. Robert Rapier is a chemical engineer covering the energy sector.Follow AuthorMay 18, 2026, 09:52am EDT--:-- / --:--This voice experience is generated by AI. Learn more.This voice experience is generated by AI. Learn more.TOPSHOT - In this picture obtained from Iran's ISNA news agency on May 4, 2026, vessels are pictured anchored in the Strait of Hormuz...
BofA’s Blanch Says $90 Brent Is Oil Market’s Best-Case Scenario
Bank of America’s commodities and derivatives research chief said his best-case oil-price scenario is Brent averaging $90 for the rest of the year, and the market may go even higher if the stalemate with Iran persists or heats up with fresh fighting.
US Natural Gas Futures Top $3 for First Time Since March
US natural gas futures rose as forecasts shifted to show hotter weather in the coming weeks, signaling increased cooling demand for power-plant fuel as homes and businesses crank up air-conditioners. Intraday prices for the front-month contract reached more than $3 per million British thermal units for the first time since late March.
A trade boost and a new relationship status: U.S. touts modest China deals after summit’s good vibes
The stakes were high and the deals were modest, but President Donald Trump may have left China last week having laid solid groundwork with Chinese leader Xi Jinping — though a number of issues could still sour ties.
Morgan Stanley Poaches JPMorgan’s Bladt in German M&A Push
Morgan Stanley has hired JPMorgan Chase & Co. dealmaker Sebastian Bladt as the Wall Street lender pushes to strengthen its coverage in German-speaking regions, according to people familiar with the matter.
Why Consumers Care About Human Connection—And How You Can Meet Them There
InnovationWhy Consumers Care About Human Connection—And How You Can Meet Them ThereByConal Byrne,Forbes Councils Member.for Forbes Technology CouncilCOUNCIL POSTExpertise from Forbes Councils members, operated under license. Opinions expressed are those of the author. | Membership (fee-based)May 18, 2026, 09:30am EDTConal Byrne, CEO iHeartMedia Digital Audio Group. gettyHere’s the big headline: 96% of consumers say content that is “guaranteed human” is appealing—and that’s true across every de...
Ryanair CEO Sees European Airline ‘Casualties’ on Jet Fuel Spike
Ryanair Holdings Plc Chief Executive Officer Michael O’Leary said there will be corporate “casualties” among European airlines if the Iran war continues and the Strait of Hormuz remains restricted.
New BBC chief Matt Brittin tells staff 'tough choices are unavoidable as we make savings' on first day in new post but 'world needs BBC more than ever'
New BBC chief Matt Brittin tells staff 'tough choices are unavoidable as we make savings' on first day in new post but 'world needs BBC more than ever'See more Daily Mail on Google – save us as a Preferred Source By ALEX DOYLE - SENIOR SHOWBUSINESS REPORTER Published: 14:17, 18 May 2026 | Updated: 14:19, 18 May 2026 e-mail View comments
Europe Won’t Run Out of Jet Fuel, Ryanair CEO Says
Ryanair CEO Michael O’Leary discusses the ‘incredibly high” costs of air travel in the US, the availability of jet fuel in Europe, and the potential for casualties among European airlines from higher oil prices. (Source: Bloomberg)
Tyson Fury on ’emotional moment’ seeing daughter Venezuela, 16, in wedding dress
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Citi, BlackRock’s HPS Sign €15 Billion Private Credit Agreement
Citigroup Inc. and BlackRock Inc.’s private credit unit HPS Investment Partners have struck an agreement to collaborate on direct-lending deals across Europe, targeting as much as €15 billion ($17.5 billion) of financings over the next five years.
Bitcoin Depot Goes Bankrupt, Signaling Demise of Crypto ATMs
Bitcoin Depot Inc., once the largest operator of crypto ATMs in North America, filed for bankruptcy on Monday, marking the latest major blow for a niche segment of the digital asset industry that has been in decline for several years.
‘Capitalism has to become more humane’: a Stanford economist on big tech, power hoarding and democracy
Mordecai Kurz argues tech oligarchs erode democracy through monopolies – and predicts how the trend may endThe billionaires of today are unusually aggressive in their hoarding of cultural and technological influence, according to Mordecai Kurz, a Stanford economist whose research connects monopoly power with political and economic inequality. In his new book, Private Power and Democracy’s Decline, publishing 19 May, he argues the US is living through an extreme version of a pattern that has repe...
Rory McIlroy defended after explosive new details emerge about PGA Championship fan clash
Rory McIlroy has been defended after ejecting a spectator from the PGA Championship, with one podcast producer branding the heckler a "moron" and insisting the public did not see the full story.McIlroy's challenge at Aronimink Golf Club was fading on Sunday when he found a bunker with his third shot at the par-five 16th.The Northern Irishman was already chasing Aaron Rai, who was pulling clear of the field on his way to a historic victory, and the mistake appeared to end any realistic hopes of M...
US Faces Challenging Summer Gas Season, BofA’s Blanch Says
Francisco Blanch, head of commodities and derivatives research at Bank of America Securities, discusses the “pretty large” deficit in the global oil market and says the US will see higher gas prices and potential “availability issues” during the summer driving season. (Source: Bloomberg)
NextEra Energy to acquire Dominion in a $67 billion utility deal
MoneyWatch NextEra Energy to acquire Dominion for $67 billion, joining two of the nation's largest utilities .chip { background-image: url('/fly/bundles/cbsnewscore/images/chip-bgd/chip-bgd-moneywatch.jpg'); } By Mary Cunningham Mary Cunningham Reporter, MoneyWatch Mary Cunningham is a reporter for CBS MoneyWatch. She previously worked at "60 Minutes," CBSNews.com and CBS News 24/7 as part of the CBS News Associate Program. Read Full Bio Mary Cunningham May 18, 2026 / 8:38 AM EDT / CBS News Add...
Rising prices are Britons’ biggest money worry as inflation stays high, survey finds
Households ‘increasingly gloomy’ about finances amid fears of interest rate rises due to higher fuel pricesBusiness live – latest updatesRising prices have become the top financial concern for UK households, according to a monthly consumer confidence survey, before Wednesday’s official figures, which are likely to show inflation remaining stubbornly high.Amid fears of higher interest rates owing to increased fuel prices after the closure of the strait of Hormuz amid the conflict in the Middle Ea...
Americans largely disapprove of Trump's handling of the economy, CBS News poll finds
A new CBS News poll finds seven in 10 Americans say they're frustrated about President Trump's approach to the economy. Two-thirds of Americans think the president's policies are making it worse and 77% say incomes aren't keeping up with inflation. Ed O'Keefe reports.
NextEra Will Buy Dominion Energy For $67 Billion As AI Spending Accelerates
BreakingBusinessNextEra Will Buy Dominion Energy For $67 Billion As AI Spending AcceleratesByTy Roush,Forbes Staff. Ty Roush is a breaking news reporter based in New York City.Follow AuthorMay 18, 2026, 08:31am EDT--:-- / --:--This voice experience is generated by AI. Learn more.This voice experience is generated by AI. Learn more.ToplineNextEra Energy on Monday announced it would acquire rival Dominion Energy in a deal valued at nearly $67 billion, combining two of the largest utility firms in...
Emaar exits joint venture structure for Damascus mixed-use project
Dubai: Emaar Properties has announced plans to exit the joint venture structure linked to The Eighth Gate, its mixed-use development in Yafour, Damascus, marking a shift in the company’s operations in Syria.Get updated faster and for FREE: Download the Gulf News app now - simply click here.The Dubai-listed developer said it will operate the project independently without a local partner as it moves forward with the development.The Eighth Gate was launched in 2005 as a $500 million master-planned...