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United States Dollar Index Price Forecast: Gains ground above 101.50 amid overbought RSI signals
The US Dollar Index (DXY), an index of the value of the US Dollar (USD) measured against a basket of...
RBA’s Hauser: Still have work to do to reduce inflation, which remains far too high
Reserve Bank of Australia (RBA) Deputy Governor Andrew Hauser said that the central bank still has w...
US Crude Oil, Gasoline Inventories Still Falling: EIA
Crude oil inventories in the United States decreased by 8.3 million barrels during the week ending June 12, according to new data from the U.S. Energy Information Administration (EIA) released on Wedn ...
Poland Moves To Tax Fuel Windfalls Earned During Iran War
Poland’s government has approved a one-off windfall tax on fuel companies that benefited from soaring energy prices during the U.S.-Iran-Israel war, seeking to recover part of the billions spent prote ...
Trump Signals Renewed Focus on Ukraine After Iran Deal Breakthrough
US President Donald Trump held a "very good meeting" with his Ukrainian counterpart, Volodymyr Zelenskyy, at the G7 summit in France, he told journalists on June 16, adding that "Russia should make a ...
Falling Murban and Dubai Prices Open Arbitrage to U.S. and Europe
Crashing prices of Middle East’s key benchmark crudes in the wake of the U.S.-Iran deal have opened arbitrage for shipping oil from the Middle East to the United States and Europe, traders told Reuter ...
ECB: Iran Peace Deal Won't Erase Europe's Energy Price Shock
Europe will have to contend with the energy price shock for months despite the tentative U.S.-Iran agreement to end the war and reopen the Strait of Hormuz, European Central Bank (ECB) officials said ...
First Iranian Oil Moves Past U.S. Blockade Ahead of Deal Signing
Iran’s first observed crude oil exports in two months have moved past the U.S. blockade outside the Strait of Hormuz in a sign that Iran is wasting no time to take advantage of the tentative deal with ...
Global Gas Markets Get Another Boost as Australian LNG Strike Ends
A weeks-long strike action at the Ichthys LNG facilities in Australia is coming to an end after trade unions and Japanese energy company Inpex reached an agreement on pay and benefits. More than 430 m ...
Qatar Prepares LNG Comeback Ahead of Hormuz Reopening
Qatar has started to return LNG tankers back to the Middle East in anticipation of an imminent reopening of the Strait of Hormuz that would allow the world’s second-biggest LNG exporter to start produ ...
China’s Gasoline Car Market Is Crashing as Fuel Prices Surge
Gasoline car demand in China is slumping on higher fuel prices resulting from the crisis in the Middle East, with gas guzzlers such as Range Rover, fetching discounts of up to 60%, Bloomberg reported, ...
China Bets on Ultra-Deep Shale Gas to Boost Energy Security
China’s state-owned oil and gas major and top refiner Sinopec is ramping up exploration in the shale formations of the Sichuan basin with a view to increasing the country’s shale gas production by a t ...
Oil Tankers Reverse Course on Hopes of Hormuz Reopening
Two tankers that were heading to Africa have changed course and are now moving to the Middle East, Bloomberg reported today, citing ship-tracking data. One of the tankers, a Suezmax, which was origina ...
The Smartest Way to Play the AI Boom in 2026
If you've been investing in the AI boom, you probably own most of the same names everyone else does. NVIDIA for the chips. Microsoft, Google and Amazon for the cloud. Maybe Meta for the consumer side. ...