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Markets quiet, awaiting US July CPI tonight for direction
Asia market update: Markets quiet, awaiting US July CPI tonight for direction; US/Asian Tech earning...
Euro trades with caution against US Dollar in countdown to US CPI data
The Euro (EUR) trades marginally lower at around 1.1534 against the US Dollar (USD) at the start of ...
US CPI to set the tone
Today's most important data release will be the US July CPI, where we forecast headline inflation at...
Ukraine Hits Two Russian Fuel Tankers as Moscow's Fuel Crisis Deepens
Ukraine hit two fuel tankers overnight offshore Russia’s southern coast in an expanding campaign to deepen the fuel crisis in Russia. The two tankers were hit in Taganrog Bay, the northeastern arm of ...
Pakistan Rushes to Buy Emergency LNG After Qatar Cargo Is Canceled
Pakistan is forced to turn to the spot LNG market once again after the re-escalation in the Strait of Hormuz has canceled a cargo from Qatar. State-controlled Pakistan LNG has just issued a tender to ...
Escalation Continues as U.S. and Iran Face Off Over Hormuz
The United States is prepared for a continued exchange of fire with Iran over the Strait of Hormuz and Tehran’s attacks on commercial vessels in the chokepoint, U.S. officials have told Axios, while b ...
Oil Price Surge Shows Markets Were Too Relaxed About Iran Deal
Wednesday’s jump in oil prices to a two-week high suggests that market participants were too complacent about the U.S.-Iran ‘deal to make a deal’ and that the ceasefire would hold and oil flows throug ...
Goldman Sachs Sounds Alarm Over Fresh Threat to Global Oil Supplies
A week after it warned that an oil glut is coming, Goldman Sachs has done a U-turn, warning that the renewed hostilities in the Persian Gulf threaten an extended supply disruption. “While Middle Easte ...
Hormuz Tanker Traffic Grinds to a Halt After U.S.-Iran Escalation
What was a flood of oil and gas leaving the Strait of Hormuz two weeks ago has now ground to a halt as the United States and Iran began firing missiles again and President Trump declared the ceasefire ...
U.S. LNG Exporter Reaps Windfall as Middle East Turmoil Drives Fees Higher
Venture Global has reported a 69% increase in its liquefaction fees over the second quarter of the year, to $6.45 per million British thermal units, up from $3.82 per mmBtu in the first quarter amid t ...
$130 Billion in AI Data Centers were Just Blocked. Where Does the AI Boom Go Now
In September, Google walked away from a $1 billion data center outside Indianapolis, pulling its Franklin Township proposal minutes before the city-county council was set to vote it down. It wasn’t an ...
Dangote’s Next Move Could Create the World’s Largest Refinery
Dangote’s 700,000 b/d Lekki refinery has been running at full capacity over the past two months, pushing product exports to Europe to record levels and overtaking traditional suppliers from the Gulf a ...
Gulf Oil Producers Relaunch Fight for Market Share in Asia
Saudi Arabia has slashed the price of its crude oil loading for Asia next month by the most in two decades as the world’s top crude exporter and the other major exporters in the Persian Gulf restarted ...
India’s $100 Billion Grid Bet Is Accelerating A Solar Manufacturing Boom
Just a decade ago, the Indian government seemed hell-bent on using coal to power its industrialization drive, with large-scale solar energy virtually unheard of in the country apart from a few microgr ...
Canada Eyes Two New Oil Pipelines
The governments of Canada and Alberta signed a Memorandum of Understanding (MOU) on a West Coast oil pipeline on Nov. 27, 2025. The landmark MOU declared the proposed oil pipeline to Asian markets as ...