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Eurozone: Resilient data but growth risks weigh on Euro – Rabobank
Rabobank's Senior FX Strategist Jane Foley notes Eurozone Q2 Gross Domestic Product (GDP) and Purcha...
Stock Market Today: Dow Falls, SpaceX Reverses; Energy Stocks Shine, Oil Rises As Trump Says This (Live Coverage)
Stock Market Today: The Dow Jones index falls Monday as oil prices climb amid a lack of progress in ...
Federal Reserve: Sideways growth and sticky inflation – TD Securities
TD Securities’ US economists Oscar Munoz and Eli Nir expect US output growth to move sideways in 202...
Solar Tops Coal in U.S. Power Mix for the First Month Ever
Solar power held a record-high 12.8% share of U.S. electricity supply in May, overtaking coal-generated power for the first full month on record, energy think tank Ember said in a report on Wednesday. ...
Kazakhstan Oil Buyers Demand More Supply as Hormuz Closure Tightens Market
Customers buying oil from Kazakhstan are urging the OPEC+ producer to ramp up crude supply and deliver the maximum available volumes, Kazakhstan’s Energy Minister Yerlan Akkenzhenov said on Wednesday. ...
China Begins Tapping Oil Stockpiles as Middle East Crisis Drags On
China began tapping its huge oil reserves in May, three months after the Middle East conflict wiped out about a tenth of global supply, in a sign that Beijing is still refraining from paying top-dolla ...
Alberta Eyes General Corridor for New Pacific Oil Pipeline
Alberta is more likely to propose a “general corridor” rather than a specific route for the new 1 million-barrels-per-day oil pipeline to the British Columbia coast that’s expected to receive federal ...
U.S. Company to Send 250,000 Barrels of Fuel to Cuba
An American company is preparing to send a cargo of diesel and gasoline to Cuba in what, if successful, would be the biggest U.S. shipment of fuel to the island nation since the start of the U.S. emba ...
U.S. to Release LNG and LPG Reserves to ASEAN Countries
The United States will release liquefied natural gas and liquefied petroleum gas from its strategic reserves to sell to ASEAN members, Deputy Secretary of State Christopher Landau said today at an ASE ...
Japan Secures Major LNG Deal as Energy Risks Mount
Japan’s JERA has signed a supply contract for the supply of liquefied natural gas with Malaysia’s state major Petronas for a period of 20 years, starting in 2028. “Amid growing uncertainty in the inte ...
Oil Prices Jump After U.S. Strikes Iran Over Downed Apache
Oil prices jumped in early Asian trading on Wednesday after the United States launched what it described as self-defense strikes against Iranian military targets near the Strait of Hormuz. At the tim ...
America Just Added a Massive New Rare Earth Supply Source
REalloys (NASDAQ: ALOY) has signed an agreement that could give it priority access to up to 30% of production from a 2-billion-ton Appalachian rare earth resource network, expanding its growing pipeli ...
Disconnected Oil Futures Market Could See Price Spike within Weeks
For more than three months, oil market participants have hoped that the Middle East conflict would be resolved any day now, while about 13 million barrels per day (bpd) have been wiped off global supp ...
DRC's Export Controls Are Reshaping the Battery Metals Market
Even as the International Monetary Fund warns of a global demand slowdown for critical minerals due to geopolitical shocks in the Middle East, the Democratic Republic of Congo is projecting confidence ...
Nuclear and Natural Gas Are Teaming Up to Power the AI Data Center Boom
Data centers are placing unprecedented strain on electric grids across the country and across the world as the rapid integration of artificial intelligence into virtually every market sector unleashes ...