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US Crude Oil Inventories Continue To Falter, SPR Struggling To Pick Up the Slack
The American Petroleum Institute (API) estimated that crude oil inventories in the United States fel...
Tech drags down world stocks, oil dips on supply hopes
A slump in high-flying technology stocks dragged down global markets Tuesday, with Wall Street tumbl...
The ‘Magnificent Seven’ correction may actually be a sign of a healthy stock market
The Big Tech grouping officially fell into correction territory on Tuesday as mounting concerns abou...
The AI Boom Is Set to Fast-Track China's Coming Nuclear Energy Dominance
The United States is still the largest producer of nuclear energy in the world – but probably not for long. Decades of political ambivalence have left the domestic nuclear sector in a state of neglect ...
US Crude Oil Inventories Continue To Falter, SPR Struggling To Pick Up the Slack
The American Petroleum Institute (API) estimated that crude oil inventories in the United States fell by 765,000 barrels in the week ending June 19. In the week prior, US crude oil inventories fell by ...
Tanker Owners Are Having the Best Week of the Hormuz Crisis
The Strait of Hormuz may be reopening, but don't tell tanker owners the crisis is over. They're making too much money. As Middle Eastern producers scramble to move crude that has spent months stranded ...
El Niño, War, and Fertilizer Costs Create a Dangerous Inflation Cocktail
Rory Green, TS Lombard's chief China economist, is the latest Wall Street strategist to warn of the mounting macro and food inflation risks that a super El Niño could release on certain regions of the ...
Iran Moves to Tap Key Asian Markets as U.S. Waives Oil Sanctions
Iran is pitching its oil to Asian buyers outside China, contacting India, South Korea, and Japan, as the United States issued a temporary two-month waiver allowing Iranian oil sales, including in U.S. ...
Global EV Industry Faces Outsized Risk From Cobalt Supply Disruptions
Back in 2020, the electric vehicle sector witnessed a major evolutionary change after leading EV makers started using cobalt-free batteries at scale. Back then, Tesla Inc. (NASDAQ:TSLA) officially shi ...
U.S. Airlines Set To Pocket $40 Billion As Jet Fuel Prices Crash
U.S. airlines stand to save billions in dollars on jet fuel costs after the US-Iran peace deal sent oil prices sharply lower. Brent crude was trading at $79.22 per barrel at 6.05 am ET on Monday, near ...
Chinese Grid Operators Resist Plans to Boost Renewables to Power AI
Grid operators are concerned that the Chinese drive to hike the share of renewable electricity powering AI would raise the risks for power firms as peak demand at data centers is difficult to forecast ...
Britain’s Energy Crisis Is Driving Manufacturing Offshore
The UK risks a major wave of deindustrialization and widespread factory closures unless the government expands emergency relief measures for manufacturers battling soaring energy costs, a prominent ma ...
Why Oil Prices Are Falling Even as Tankers Remain Trapped
Oil prices tumble as markets bet on a Hormuz reopening despite slow tanker movements following the U.S.-Iran ceasefire. Friday, June 19, 2026 The signing of the US-Iran ceasefire agreement might pro ...
Crude Slides Nearly 9% as Traders Bet on Return of Iranian Oil
August WTI crude oil futures posted a steep decline during the week ending June 19 as traders aggressively removed geopolitical risk premium from the market following a breakthrough agreement between ...
Court Ruling Deals Major Blow to Trump's War on Wind Power
Donald Trump has been battling wind turbines in the court of public opinion and in actual court for over a decade now. Trump has railed about “windmills” repeatedly over the course of his presidential ...