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Stock Market Today: Dow Steady After Tech Sell-Off; FedEx Dives On Earnings (Live Coverage)
Stock Market Today: The Dow Jones index held steady Wednesday after Tuesday's tech sell-off. FedEx d...
Mexico 1st half-month Core Inflation came in at 0.19% below forecasts (0.2%) in June
Mexico 1st half-month Core Inflation came in at 0.19% below forecasts (0.2%) in June...
Mexico 1st half-month Inflation came in at -0.11%, below expectations (0.1%) in June
Mexico 1st half-month Inflation came in at -0.11%, below expectations (0.1%) in June...
The Hormuz Crisis Is Reviving Egypt’s Gas Hub Ambitions
All the Hormuz chaos is giving Egypt another chance to become a gas hub. In the immediate term, Egypt is taking a hit, but the conflict is strengthening Cairo’s long-term East-Med gas position. Right ...
Japan to Welcome First Crude Cargo via Hormuz Since War Began
A supertanker carrying 2 million barrels of Saudi crude is set to arrive in Japan early next week after clearing the Strait of Hormuz in late April, in the first shipment of Middle East crude to Japan ...
India Explores Alternative Energy Sources Amid Oil Supply Shock
India’s Prime Minister Narendra Modi has urged the government to urgently explore an increase in the use of alternative energy sources, including biogas as a substitute for liquefied petroleum gas (LP ...
India’s Power Demand Hits Record High as Heat Drives Coal Use
India’s power generation rose to a new all-time high amid hot weather that drove air-conditioning demand up, with thermal generation, most of its coming from coal power plants, covering 62% of demand. ...
Oil Prices Rise as Traders Grow Skeptical of U.S.-Iran Deal
Oil prices climbed in early Asian trade on Friday as skepticism grew that U.S.-Iran negotiations would produce a breakthrough, with all the major sticking points still unresolved despite claims of pro ...
Why Oil’s Supply Crunch Could Arrive Late
The oil market still looks surprisingly calm for a system that has spent nearly three months absorbing the largest supply disruption in modern history. That should probably make people nervous. Becaus ...
Geologic Hydrogen Could Produce Clean Fuel for Less Than $1 Per Kilogram
For years, green hydrogen has been touted as a kind of silver bullet for decarbonization. Hydrogen can be combusted at high temperatures, making it a potential solution for cleaning up some of the dir ...
U.S. Shale Opens the Taps — Carefully
U.S. shale oil producers are boosting output in response to the energy crunch caused by the war in the Middle East. Exports are running at all-time highs. The media are celebrating the country’s energ ...
Norway’s Oil Industry Is Learning How To Produce More With Less
Norway’s oil industry is entering a new phase where infrastructure utilization, subsea tie-backs, and recovery rates could matter more than giant new discoveries. Equinor and Aker BP on Thursday relea ...
Oil Prices Rise As Iran Draws Red Line on Uranium
Oil prices rose on Thursday as fresh signs of trouble in Iran peace talks as the parties hit a wall over enriched uranium. WTI crude climbed 2.2% to $100.40 while Brent gained 1.8% to $106.90 as repor ...
China Boosts Oil Stockpiles Despite Import Plunge
China appears to continue sending crude into strategic and commercial reserves despite the plunge in its imports and the world’s biggest-ever supply shock. China likely sent 430,000 barrels per day (b ...
Saudi Oil Export Income Jumped to 3.5-Year High in March as Prices Soared
Despite the lowest production and export volumes on record, Saudi Arabia saw the value of its oil exports surge by 37.4% in March to the highest level in three and a half years, data from Saudi Arabia ...