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United States Dollar Index advances on Fed rate cut bets
The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currenc...
Australian Dollar edges lower to near 0.6900 on Fed hike bets
The AUD/USD pair edges lower to around 0.6900 during the Asian trading hours on Friday. The US Dolla...
Japanese Yen consolidates near 40-year low vs USD after Tokyo CPI, amid intervention risks
The USD/JPY pair extends its sideways consolidative price move during the Asian session on Friday an...
EU's 20th Sanctions Package Forces Kyrgyzstan's Hand on Russia Trade
Kyrgyzstan has taken sweeping action to clamp down on companies suspected of circumventing Western sanctions imposed on Russia following its full-scale invasion of Ukraine in 2022. The Kyrgyz Justice ...
Soaring Energy Prices Are Driving a Home Solar Boom
Home solar power installations have risen significantly in recent decades, as consumers look to drive down their electricity bills and make their energy use more sustainable. Now, with oil and gas pri ...
Colombia's Natural Gas Crisis Deepens as Strait of Hormuz Closure Cuts Supply
Strife-torn Colombia is facing a severe energy crisis at a critical juncture. Global supply of natural gas is heavily constrained due to the closure of the Strait of Hormuz after U.S. strikes on Iran. ...
Asia’s Next Energy Hub May Rise in Malaysia
Global energy market assumptions are breaking down. Until the Iran War, global oil and gas markets were built on a dangerous illusion: that the Strait of Hormuz would always remain open, predictable, ...
3D-Printed Copper Plates Could Cut Data Center Cooling Energy Use by 97%
The artificial intelligence boom is creating an energy monster that the world is unprepared and unequipped to deal with. Providing enough energy to fuel the AI ambitions of the future as well as to su ...
Oil Prices Rise as Iran Tempers U.S. Deal Hopes
Oil prices turned to a gain Friday after Iran poured cold water on growing market hopes for a near-term agreement with the United States, reminding traders yet again that optimism around diplomacy and ...
AI Could Unlock $500 Billion for Oil and Gas Producers by 2030
Digitalization and artificial intelligence (AI) will create close to $500 billion in cumulative value for E&P companies between 2026 and 2030, according to Rystad Energy estimates. This value is captu ...
Higher Oil Prices Tempt US Drillers To Turn Up The Volume
The total number of active drilling rigs for oil and gas in the United States rose this week, according to new data that Baker Hughes published on Friday, bringing the total rig count in the US to 558 ...
Kazakhstan Court Upholds $1.4 Billion Award Against Gazprom
A court in Kazakhstan has inserted itself into the Russia-Ukraine conflict, ruling in favor of the Ukrainian state gas entity Naftogaz in a $1.4-billion dispute with the Russian energy behemoth Gazpro ...
Ukraine Hits 300,000-Bpd Gazprom Neft Refinery in Overnight Drone Strike
Ukraine targeted overnight the Yaroslavl oil refinery in Russia, escalating the drone attacks on Russian refining and oil exporting assets, Ukrainian President Volodymyr Zelenskyy said on Friday. “Tod ...
Oil Markets Ignore Red Flags as Global Energy Crisis Deepens
Global oil markets remain under severe stress as Hormuz disruptions, weak economic data, and tightening inventories reshape energy flows worldwide. Friday, May 22, 2026 In a week of contradicting narr ...
EU Warns Energy Prices Will Stay Elevated Through 2027
Top EU officials said Friday that oil and gas prices are expected to remain elevated through at least the end of 2027, with the fallout from the Iran war likely to keep pressure on inflation and econo ...