Real-time News

U.S. First Refining Corp.: Under a new energy agreement, it will purchase and process 1.2 billion barrels of U.S. light shale oil, worth $125 billion.

U.S. First Refining: Under the newly signed agreement, it will produce 50 billion gallons of refined products, worth $175 billion.

U.S. First Refining Company: Construction of its new refinery will officially begin in the second quarter of 2026.

According to Asahi Shimbun: Japanese Defense Minister Shinjiro Koizumi is considering a visit to Southeast Asia in May.

March 11 (KCNA) -- The operational evaluation tests of the Korean People's Army Navy destroyer "Choi Hyon" continued on March 11. The ship test-fired several strategic cruise missiles on March 10. Kim Jong Un, General Secretary of the Workers' Party of Korea and Chairman of the State Affairs Commission, observed the test-firing activities via video.

Oracle (ORCL.N) executives: The company tripled the number of manufacturing sites last year and quadrupled rack production.

Microsoft (MSFT.O) announced a quarterly dividend of $0.91 per share.

Israel's Ministry of Finance lowered its 2026 economic growth forecast to 4.7% from 5.2%, and predicted that the conflict with Iran and Hezbollah would "last only a few weeks."

Oracle (ORCL.N) executives: Approximately 90% of the capacity of the 10-gigawatt data center has been funded through partners, with the remainder expected to be completed this month.

Oracle (ORCL.N) executives: Through partners, Oracle has secured 10 gigawatts of power and data capacity, which will be operational within the next three years.

US President Trump: This is a historic $300 billion deal.

US President Trump: I am proud to announce that America First Refining is building America’s first new refinery in 50 years in Brownsville, Texas.

According to CNBC, Microsoft (MSFT.O) says the court should temporarily block the Pentagon's "blacklist" designation of Anthropic.

Several companies, including OpenAI's ChatGPT, Google's Gemini, and Microsoft's Copilot, have had their chatbot tools approved for use in the U.S. Senate.

On March 11th, Oracle's (ORCL.N) stock rose 7.8% in after-hours trading on Tuesday after the company reported better-than-expected earnings and made optimistic long-term revenue forecasts (as it heavily invests in the artificial intelligence data center sector). The company reported that its revenue for the third quarter of fiscal year 2026 increased by 22% year-over-year to $17.2 billion, exceeding market expectations of $16.9 billion. Furthermore, the company raised its revenue forecast for fiscal year 2027 to $90 billion, also above market expectations. Oracle is currently launching a strong offensive to compete with larger rivals such as Amazon and Microsoft in providing computing resources for artificial intelligence companies.

The API reported that U.S. crude oil production increased by 107,000 barrels per day in the week ending March 6, compared with 226,000 barrels per day in the previous week.

U.S. refined product imports for the week ending March 6 were 338,000 barrels per day according to the API, compared to a decrease of 173,000 barrels per day in the previous week.

U.S. crude oil imports for the week ending March 6 were down 113,000 barrels, compared to a previous week's down 151,000 barrels.

U.S. heating oil inventories for the week ending March 6 were 375,000 barrels, compared to 5,000 barrels in the previous week.

U.S. crude oil inventories at Cushing, Oklahoma, fell by 370,000 barrels in the week ending March 6, compared with a previous reading of 1.54 million barrels.