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BoJ Summary of Opinions: Member says suitable to keep hiking as conditions remain accommodative
The Bank of Japan (BoJ) published the Summary of Opinions from the June monetary policy meeting, wit...
Australian Dollar tumbles as risk aversion and Fed bets lift the USD
The Australian Dollar collapsed by over 1.20% on Tuesday as risk aversion favoured flows into the Gr...
Hormuz closure strands almost 1,200 cargo ships with $125bn worth of goods
‘Unprecedented’ blockade of the strait raises concerns about the future of global maritime trade, sa...
The Clock Is Ticking Down To Iraq’s Economic Disaster On 27 July
OPEC’s second-largest oil producer, Iraq, has less than two months before it loses the key means to export its crude, with the agreement to move its product through two pipelines into Turkey expiring ...
India's Fuel Demand Falls 6.5%, LPG Consumption Drops 20%
India's fuel consumption fell by 6.5% in May from a year earlier while sales of liquefied petroleum gas (LPG), a key cooking and industry input fuel, tumbled by 20% as the Iran war continued to disrup ...
Asia Is in the Eye of the Energy Crisis
Asia will bear the brunt of the energy crisis unfolding as a result of the war in the Middle East, former IEA chief Nobuo Tanaka warned this week. Speaking at a hydrogen industry event in Malaysia, Ta ...
China’s Oil Imports Plummet to Eight-Year Low
Crude oil imports to China in May fell to their lowest since October 2017 because of the price spike resulting from the Persian Gulf tanker traffic disruption. The May total stood at 33 million barrel ...
China’s Subsidy Machine Is Reshaping Global Capitalism
The COVID-19 pandemic and the geopolitical conflicts to follow exposed severe weaknesses in global supply networks, prompting governments, caught off guard and complacent, to pour money into critical ...
Russia Slashes Oil Exports As Fuel Shortages And Drone Attacks Bite
Russia is preparing to sharply reduce crude oil exports this month as mounting refinery disruptions, fuel shortages, and Ukraine’s bombing campaign force Moscow to divert more barrels into the domesti ...
Why Solar Power Is Booming Under Trump
Despite the Trump administration’s pivot away from renewable energies, solar continues to dominate new energy additions in the United States. Newly released data from the Federal Energy Regulatory Com ...
S&P Rejects Fast Entry for SpaceX, Delaying $14B in Passive Inflows
Earlier today, in our forensic analysis of the SpaceX IPO, we said that according to BNP estimates, the company's inclusion into the S&P 500 some 6 months after the offering would unlock $13.4 billion ...
UK Conservatives Blast Labour North Sea Ban as 'Utter Madness'
The current UK government's policy of not allowing new drilling in the UK North Sea is “utter madness” as billions of barrels of untapped oil could benefit the UK industry and reduce Britain’s relianc ...
EU Says No Jet Fuel Shortage Coming Despite Middle East Supply Loss
Shortages of jet fuel are not looming over Europe despite the shock loss of supply from the Middle East and soaring prices, according to EU Sustainable Transport and Tourism Commissioner, Apostolos Tz ...
Malaysia's Oil Production Fell 5.5% in Q1
Malaysia's crude and condensate production dropped by 5.5% from a year earlier to 43 million barrels in the first quarter of 2026, due to a slump in crude output, the Department of Statistics Malaysia ...
A New U.S. Battery Line Designed to Make Energy Storage Safer and Cheaper
The US has recently launched a new battery production line, which is expected to help researchers develop safer and cheaper energy storage technologies for the electric grid. The new line is housed at ...