The main Nymex crude oil futures contract has just broken through the $78.00/barrel mark, now quoted at $77.97/barrel, down 5.62% for the day; the main Brent crude oil futures contract has just broken through the $81.00/barrel mark, now quoted at $80.93/barrel, down 7.81% for the day.

BAE Systems of the United Kingdom has secured a project order from the British government worth 5.9 billion pounds (approximately $7.8 billion) and will continue to advance the research, development, and construction of the Dreadnought-class strategic nuclear submarines. The Dreadnought-class submarines are the core platform for the UK's future sea-based nuclear deterrent. The ongoing progress of this project will provide crucial support for Britain to maintain its strategic nuclear deterrence

Meta Platforms (META.US) CEO: The success of open-weight models will not diminish API opportunities, as having the computing power to run model inference is a source of commercial advantage.

Currently, U.S. refineries are processing crude oil into gasoline, diesel, and other refined products at rates not seen since before the outbreak of the pandemic. However, amid an unprecedented fuel supply shortage, even operating at full capacity makes it difficult to curb the continuously rising fuel prices in the short term. According to data from the U.S. Energy Information Administration (EIA), last week the average daily crude oil throughput at U.S. refineries reached 17 million barrels,

If the Federal Reserve keeps rates unchanged in September, it may trigger a sharp surge in US Treasury yields.