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WTI crude down 1.0% intraday at $85.44/bbl.

2026-08-24

WTI crude down 1.0% intraday at $85.44/bbl.

Other News
2026-08-24

Russia is set to receive the first seaborne gasoline shipment from Turkey, with about 200,000 barrels en route. Since late July, Russia's seaborne gasoline imports have topped 1 million barrels.

Russia is set to receive the first seaborne gasoline shipment from Turkey, with about 200,000 barrels en route. Since late July, Russia's seaborne gasoline imports have topped 1 million barrels.
2026-08-24

Michael Burry, the investor known as the 'Big Short', said Alibaba is overvalued and has sold his entire Alibaba (BABA.N) stake, reallocating into JD.com (JD.O). He had planned to repurchase most Alibaba shares in one to two months but has changed pl

Michael Burry, the investor known as the 'Big Short', said Alibaba is overvalued and has sold his entire Alibaba (BABA.N) stake, reallocating into JD.com (JD.O). He had planned to repurchase most Alibaba shares in one to two months but has changed plans; he said he will not be interested unless Alibaba's share price falls by about 50%. Burry also said he does not support Alibaba's rights issue to raise roughly HKD80 billion to fund AI investment.
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