For investors hoping to get in on the bonanza, however, the calculus isn’t so simple. “Right now, global capital spending in oil is declining because supply is abundant and demand is lower than expected,” said Edward Morse, adviser to Hartree Partners an

Powell said the investigation rests on “pretexts,” arguing it's retaliation for the Fed’s refusal to follow the Trump's preferences on interest rates.

WASHINGTON, Jan 11 (Reuters) - The Trump administration has threatened to indict Federal Reserve Chair Jerome Powell over Congressional testimony he gave last summer about a Fed building project, an action Powell called a \\

He said in a statement Sunday that the Justice Department served the Fed with grand jury subpoenas, threatening a criminal indictment.

SINGAPORE, Jan 12 () - Tension between the White House and the U. central bank sharply escalated over the weekend, with U.

Federal Reserve Chair Jerome Powellsaid Sunday the Department of Justice has served the central bank with subpoenas and threatened it with a criminal indictment over his testimony this summer about the Fed's building renovations. The move represents an u

Federal Reserve Chair Jerome Powell said Sunday that the Justice Department subpoenaed the central bank Friday with the threat of a criminal indictment, the latest move in a yearlong pressure campaign from the Trump administration.

\\

Powell suggested a DOJ subpoena and threats of criminal indictment are a pretext aimed at getting the Fed to cut rates.

Powell suggested a DOJ subpoena and threats of criminal indictment are a pretext aimed at getting the Fed to cut rates.

Powell suggested a DOJ subpoena and threats of criminal indictment are a pretext aimed at getting the Fed to cut rates.

Producers prioritize capital discipline amid sub-$60 oil prices, with cuts in North America and Europe offsetting higher spending in the Middle East and parts of the Global South.

With the outlook for the labor market more uncertain, the Federal Reserve is set to deliver two more 25 basis-point interest rate cuts — in June and September — according to the bank’s 2026 US Economic Outlook report dated Jan. 11. “The composition of GD

“We’re sending more officers today and tomorrow,” Noem said on Fox News’ when asked about the government’s response. “They’ll arrive — there’ll be hundreds more, in order to allow our ICE and our Border Patrol individuals that are working in Minneapolis

The events of early 2026 have raised the debate over crude oil markets becoming more fundamentally bearish - or possibly bullish.