Search results for "OIL"
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15:03

Poly Group Denies Operating Fraudulent Commodity Trading Platforms

Gate News message, April 23 — China's Poly Group issued a statement denying involvement in fraudulent commodity trading operations, after discovering that unauthorized individuals have been impersonating the company to conduct gold and crude oil trading activities through apps and websites. The com
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00:08

Kalshi Partners with Pyth to Launch Commodities Hub for Gold, Oil, and Lithium Markets

Kalshi taps Pyth as data provider for Commodities Hub, launching binary-event markets on oil, lithium, soybeans, with dozens of live contracts; emphasizes 24/7 price discovery beyond traditional exchanges. Abstract: Kalshi has named Pyth, a crypto oracle, as the data provider for its newly launched Commodities Hub, enabling event-based contracts on major commodities. Dozens of markets cover price moves in Brent, lithium, soybeans, and more, with binary bets on rising or falling prices. The platform argues that 24/7 price discovery is increasingly essential as geopolitical events unfold outside traditional exchange hours.
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PYTH4.32%
14:16

Pyth Integrated as Settlement Data Source for Kalshi Commodity Markets

Kalshi integrates Pyth as settlement data for its new commodity center, covering major metals and energies, enabling continuous trading and reliable settlement; Pyth Pro will expand data access and asset coverage. Kalshi, a CFTC-regulated prediction-market platform, has integrated Pyth as the settlement data source for its new commodity center, covering gold, silver, Brent crude oil, natural gas, copper, corn, soybeans, and wheat. Pyth Pro will provide direct market data access to Kalshi market makers to support continuous trading and reliable settlement of commodity-related event contracts. The collaboration also plans expansion to additional asset classes, including indices, equities, and foreign exchange.
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PYTH4.32%
10:52

US-Iran Conflict Accelerates Wall Street's Shift to Tokenized Assets, RWA Market Surges

U.S.-Iran tensions push Wall Street toward tokenized real-world assets and on-chain futures, expanding tokenized Treasuries and DeFi hedges to manage off-hours volatility and energy-supply risks. Abstract: The article assesses how the U.S.-Iran conflict is accelerating Wall Street’s adoption of tokenized real-world assets and on-chain futures to manage geopolitical volatility. It notes a surge in tokenized U.S. Treasuries, broader institutional integration, and the use of blockchain pricing during market closures. IMF projections of higher oil prices and slower growth frame the case for tokenized oil and DeFi hedges as prudent responses to energy shocks and supply disruptions.
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09:21

JPMorgan Chase Raises S&P 500 Year-End Target to 7,600, Citing AI Investment Surge and Easing Geopolitical Risks

Summary: JPMorgan lifts 2026 S&P 500 to 7,600, 2027 to 385 EPS, driven by AI enthusiasm and easing Middle East tensions; forward P/E stays 22x, potential to 23x and ~8,000 if tensions fall; warns of short-term consolidation amid oil and geopolitical risks. Abstract: JPMorgan’s strategy team, led by Dubravko Lakos-Bujas, raised the year-end S&P 500 forecast to 7,600 from 7,200, citing renewed AI enthusiasm and easing Middle East tensions. 2026 EPS is boosted to $330 and 2027 to $385, with the forward multiple held at 22x; a quicker geopolitical resolution could lift the multiple to 23x and push 2026 toward 8,000. The AI theme gained momentum after Anthropic unveiled Mythos, with about two-thirds of AI-related S&P 500 stocks outperforming. Risks include higher oil prices and lingering geopolitical tensions, suggesting a potential short-term consolidation before further gains.
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