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Canadian Dollar edges up against US Dollar ahead of US CPI data
The Canadian Dollar (CAD) trades slightly higher against the US Dollar (USD) on Wednesday ahead of t...
United States Dollar Index weakens to near 102.00 ahead of US CPI release
The US Dollar Index (DXY), an index of the value of the US Dollar (USD) measured against a basket of...
Dow Jones Futures: Techs Rise After Meta, AMD Lead Buys; ASML, CPI Inflation Due
The stock market edged lower Tuesday but Meta and AMD led five buys. AI chip giant ASML and the CPI ...
New Pipelines Set To Ease Permian Natural Gas Glut
The regional price of natural gas produced in the Permian, the top U.S. oil basin, was negative for most of the first half of the year. Rising associated gas output from oil-targeting wells has had no ...
Equinor CEO: Europe May Miss Winter Gas Storage Goal
Europe's effort to rebuild natural gas inventories before winter suffered another setback on Wednesday after Equinor CEO Anders Opedal warned the region may struggle to reach its 80% storage target, h ...
Houthi Red Sea Blockade Could Shatter Hopes for Lower Oil Prices
Renewed Houthi blockade of Saudi Red Sea ports threatens up to 4 million bpd of redirected Saudi crude exports, adding fresh supply risks as the Strait of Hormuz remains effectively disrupted The late ...
MIT Framework Maps Grid Weak Spots Before Climate Disasters Hit
Researchers at MIT have developed a new framework to map out geographical hotspots and pain points for our beleaguered electrical grids. As extreme weather events and soaring summer heat waves become ...
Africa’s Richest Man Proposes To Build 700,000 Bpd Oil Refinery In Kenya
East Africa has spent decades exporting one commodity and importing another. The region holds roughly 4.7 billion barrels of crude oil reserves and more than 70 trillion cubic feet of natural gas acro ...
China’s AI Offensive Gains Ground in Central Asia
Central Asian states are tilting towards Beijing amid intensifying competition between the United States and China for predominance in artificial intelligence development. Top officials from Kazakhsta ...
GE Vernova Raises Outlook As AI Power Boom Masks Wind Weakness
GE Vernova raised its full-year revenue forecast on Wednesday after another quarter of booming demand for gas turbines, grid equipment and AI-driven electricity infrastructure. Wind was the clear exce ...
Brazil’s Oil Boom Is Accelerating as Asian Buyers Flee the Middle East
Since Middle East hostilities reignited, oil prices have soared higher, although they remain below the highs witnessed during April 2026. This can be blamed on U.S. strikes against Iran, with Tehran a ...
LNG Supply Crisis Pushes Buyers Toward Coal and Oil
The resumption of the Iran conflict, including the effective closures of the Strait of Hormuz and now the Strait of Bab el-Mandeb has driven up natural gas prices, particularly in Europe and Asia. Asi ...
US Oil, Product Inventories See Builds Across the Board
Crude oil inventories in the United States saw an increase of 2.0 million barrels during the week ending July 17, according to new data from the U.S. Energy Information Administration (EIA) released o ...
Europe Heads Into Winter With Its Weakest Gas Cushion In 15 Years
Europe is unlikely to refill its natural gas storage facilities to even 80% before winter, Equinor CEO Anders Opedal said on Wednesday, Reuters reported, raising the prospect that the continent will e ...
The Hormuz Crisis Is Driving a Geopolitical Shift Across Asia
For years, policymakers in Washington have viewed Asia primarily through the lens of Taiwan, the South China Sea, and China's military rise. Russia's full-scale invasion of Ukraine has only reinforced ...