Author: bitcointalk

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Chevron Evacuates Gulf Of Mexico Oil Platforms As Hurricane Idalia Approaches | ZeroHedge

By Charles Kennedy of Oilprice.com

Chevron has evacuated three oil and gas platforms in the Gulf of Mexico ahead of tropical storm Idalia which is strengthening to a hurricane and expected to make landfall in Florida on Wednesday.

The U.S. supermajor said on Tuesday that it had evacuated non-essential personnel from its Blind Faith and Petronius platforms, and all staff had been removed from its Genesis platform in the Gulf of Mexico.

Oil and gas production continued on (more…)

Continue ReadingChevron Evacuates Gulf Of Mexico Oil Platforms As Hurricane Idalia Approaches | ZeroHedge

WTI Extends Gains After US Crude Stocks Hit Lowest Since 2022 | ZeroHedge

Oil prices are extending yesterday's gains this morning, after API reported a huge crude draw and the dollar weakness supportive. A military coup in OPEC-member Gabon added some risk premium to oil prices, however, as Keshav Lohiya, founder of consultant Oilytics, wrote in a note this morning, “oil markets are very quiet,” adding that crude has been supported by bullish inventory data.

Additional support for oil prices are headlines that Russia is discussing with its OPEC (more…)

Continue ReadingWTI Extends Gains After US Crude Stocks Hit Lowest Since 2022 | ZeroHedge

Cathie Wood Bullish On Bitcoin-AI Convergence | ZeroHedge

Authored by Amaka Nwaokocha via CoinTelegraph.com,

In a recent X (formerly Twitter) post, Cathie Wood, the CEO of ARK Invest, expressed her optimistic view on the intersection of Bitcoin and artificial intelligence (AI).

In the post, Wood hinted at the transformative potential in the dynamic synergy between AI and Bitcoin, emphasizing the possibilities and positive implications the technologies hold for diverse industries and the overall economic landscape.

Backing (more…)

Continue ReadingCathie Wood Bullish On Bitcoin-AI Convergence | ZeroHedge