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Wells Fargo raised its PT on GM to $60 from $59.

2026-06-25

Wells Fargo raised its PT on GM to $60 from $59.

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2026-06-25

Oil pared wartime gains on Thursday as markets priced in improved global supply after tankers began transiting the Strait of Hormuz following a US‑Iran agreement to reopen the route. Maritime analytics firm Kpler says more than 20 tankers carrying ro

Oil pared wartime gains on Thursday as markets priced in improved global supply after tankers began transiting the Strait of Hormuz following a US‑Iran agreement to reopen the route. Maritime analytics firm Kpler says more than 20 tankers carrying roughly 35 mln barrels of crude — mostly non‑Iranian vessels that had been stranded in the Gulf for over three months after Tehran effectively closed the waterway — have transited the strait; most are expected to reach Asian destinations in early August. CITIGROUP says the worst phase for commodity‑futures carry/arbitrage trades may be over; its base case assumes materially eased tensions and it sees Brent falling to $60–65/bbl over the next 6–12 months as shipping normalizes.
2026-06-24

Market sources say the US will remove some individuals from a Russia-related sanctions list.

Market sources say the US will remove some individuals from a Russia-related sanctions list.
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