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Fed’s Musalem backs rate hikes, says inflation remains too high
The St. Louis Fed President, Alberto Musalem, stressed that “inflation is too high” and that it’s “c...
Dow Jones Futures: Cloudflare Leads 5 Software Earnings Winners Late; Jobs Report On Tap
Dow Jones futures: The market pauses, but what happens next? Don't buy these AI stocks yet. Cloudfla...
Update: US Equity Indexes Fall as Treasury Yields Jump With Crude Oil Ahead of Nonfarm Payrolls, Deal to Reopen Strait of Hormuz
(Updates with index/price moves, macroeconomic data and company/geopolitical news from the first par...
China Coking Coal Prices Surge After Deadly Shanxi Mine Blast
The price of coking coal in China jumped by 8% after a deadly mine accident in Shanxi province that prompted safety checks that will affect production over the near term. The most actively traded coki ...
More Tankers Make It Through the Strait of Hormuz
Two liquefied natural gas carriers and a supertanker have traversed the Strait of Hormuz over the past couple of days, with the LNG vessels heading for Pakistan and China, and the tanker, loaded with ...
Oil Prices Plunge Below $100 on Iran Deal Optimism
Oil prices plunged in early Asian trade on Monday following reports over the weekend that a deal to reopen the Strait of Hormuz was in its final stages. At the time of writing, both oil benchmarks had ...
European Gas Storage Can’t Survive 3 More Months of Hormuz
Europe could face a critical shortfall in natural gas stocks if shipping disruptions through the Strait of Hormuz persist for another 1-3 months, senior executives at Norwegian energy giant, Equinor A ...
Coal Is Fueling China’s Next Energy Power Play
Coal is inarguably one of the big winners from the energy flow disruption in the Middle East. Consumption is up strongly as gas becomes hard to come by and expensive to buy. Power supply security has ...
1 In 4 Cars Sold Globally Is An Electric Vehicle
As Statista's Tristan Gaudiaut details below, according to the IEA Global EV Outlook 2026, published on May 20, global sales of electric cars, including plug-in hybrids, surpassed 21 million units las ...
Australia’s LNG Industry Warns Policy Uncertainty Is Hurting Investment
Australia’s energy producers are calling for state and federal support in faster approvals of new projects and fiscal stability. These could help the world’s third-biggest LNG exporter grow its overse ...
U.S.-Iran Deal Delayed as Trump Refuses to “Rush” Agreement
President Donald Trump said Sunday that the United States will not “rush” into a nuclear agreement with Iran, stressing that negotiations remain ongoing and that both sides must take the time to “get ...
Heat Pump Sales Surge Across Europe Amid Energy Shortages
Heat pump uptake is on the rise in Europe, as consumers take their energy bills into their own hands. Europe, which already experienced high gas prices and energy shortages after Russia invaded Ukrain ...
Norway Doubles Down on Oil and Gas as Europe Scrambles for Supply
Norway, well known for its oil and gas production, has ramped up its fossil fuel output in recent weeks to fill the gap following the closure of the Strait of Hormuz and the ongoing energy trade disru ...
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 ...