IEA: ‘Unstoppable’ energy transition means demand for oil, gas, and coal to peak by 2030
London CNN — Global demand for oil, natural gas and coal — and the carbon pollution they generate — are…
The IMF sees greater chance of a ‘soft landing’ for the global economy
London CNN — The International Monetary Fund (IMF) sees better odds that central banks will manage to tame inflation without…
For Oil, Its Not 1973 Again But It Could Still Turn Ugly
History doesn’t repeat itself, but it often rhymes. On the eve of the 50th anniversary of the world’s first oil…
Ukraine counteroffensive: Winter is coming to Ukraine, but Kyiv is adapting its tactics
CNN — Ukraine will soon face its second winter at war, and the bold campaigns of a year ago that…
Gas prices are unusually high. Here’s why you shouldn’t worry
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US seizes nearly 1 million barrels of Iranian oil allegedly bound for China
CNN — The US government seized nearly 1 million barrels of Iranian crude oil allegedly bound for China, according to…
What’s going on with China’s shadow banking system?
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Labor Day weekend gas prices are near all-time highs
New York CNN — Drivers hitting the roads this Labor Day weekend will be greeted by historically high gas prices…
Hurricanes could drive gas prices, and inflation, higher
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Global food prices bounce following collapse of Black Sea grain deal
London CNN — Global food prices ticked up last month after Russia pulled out of a deal to allow the safe…
ExxonMobil earnings fell on sinking oil prices
New York CNN — ExxonMobil’s profit fell sharply in the second quarter on lower oil and natural gas prices, leaving…
Shell and TotalEnergies profits cut in half by lower oil prices
London CNN — Shell and TotalEnergies have reported a steep drop in second-quarter profits, as oil and gas prices fell…
US Stocks Muted as Investors Analyze Chinese Data and Await Inflation Report
Last Updated: July 11, 2023, 01:31 IST New York, United States of America (USA) A street sign for Wall Street…
Premarket stocks: What the OPEC cuts mean for Putin and Russia
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What OPEC’s surprise oil cut means for US gas prices
New York CNN — OPEC and its allies’ surprise move to slash oil production will soon be felt at US…