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Mexican Peso hits five-month high on weak US jobs data
The Mexican Peso (MXN) capitalizes on a weaker US jobs report and soars versus the US Dollar (USD) o...
Update: Equities Rise Intraday as Jobs Report Tempers Rate Hike Bets
(Updates with latest market prices and developments.) US benchmark equity indexes were higher int...
EUR/USD Price Forecast: Buyers eye a break above the 100-day SMA
EUR/USD edges higher on Friday, supported by a softer US Dollar (USD) as traders scale back Federal ...
Pakistan Shells Out Record Sums for Spot LNG as Qatar Supply Falters
Pakistan is paying top dollar for LNG supply as the renewed closure of the Strait of Hormuz and the stranding of cargoes from its term supplier Qatar have forced the South Asian country to seek liquef ...
Goldman Warns Oil Could Hit $120 as Middle East War Drags On
Crude oil prices could surge to $120 per barrel towards the end of the year if the war in the Middle East extends and the Strait of Hormuz remains closed for longer, Goldman Sachs has warned in its la ...
Higher-For-Longer Oil Scenario Is Here To Stay
Oil prices have been on a climb for over a week now as hostilities in the Middle East continue, and despite recent talk of a glut, the physical market is flashing signs of tightness—and higher oil for ...
Oil Market Loses Its Safety Net as Iran Conflict Reignites
The global oil market is much more exposed to the latest re-escalation in the Middle East, as most of the buffers that cushioned the initial shock of the Iran war are wearing thin and unable to preven ...
The U.S. Needs 5000 Miles of New High-Voltage Lines Annually. It Only Built 392
There is an old Yiddish expression that translates literally as “stop beating the teapot” which we would freely translate as, “We’ve heard this before, so why don’t you just stop?” Well, as new number ...
Nigeria Targets Record 3 Million Bpd Oil Output by 2030
Nigeria is set to ramp up crude oil production to 3 million barrels per day by 2030, according to the country’s upstream regulator, which says reforms aimed at accelerating investment and reducing pro ...
Houthis Declare Naval Blockade on Saudi Arabia as Red Sea Crisis Deepens
Yemen’s Iran-aligned Houthis declared an immediate naval blockade on Saudi Arabia on Monday, Reuters reported, bringing the U.S.-Iran war officially to the southern entrance of the Red Sea and threate ...
U.S. Gasoline Prices Climb Back Above $4 Per Gallon
The national average price of gasoline in the United States topped $4 per gallon once again on Monday following the crude oil price rally of the past week amid the renewed hostilities in the Middle Ea ...
Brent Briefly Breaks $90 After Fresh Iran War Escalation
Brent Crude prices briefly hit $90 per barrel in Asian trade on Monday as the Middle East conflict continued to escalate with fresh U.S. strikes on Iran and Tehran targeting American bases in the regi ...
India’s Crude Oil Import Bill Soars 60% as Iran War Drives Prices Higher
India paid 60% more for crude oil imports in the April-June quarter compared to the same period last year, as the surge in oil prices couldn’t offset slightly lower import volumes. The value of India’ ...
China’s Fuel Oil Exports Hit 2026 High as Shipping Demand Rebounds
China exported 577,000 barrels daily of fuel oil last month, which was the most since the start of the year and an 18% increase from June 2025, Reuters reported today, citing official customs data. At ...
Gulf Oil Exports Briefly Recovered to Pre-War Levels Before Latest Escalation
Crude oil and condensate exports from the Persian Gulf rose to pre-war levels in the first half of July, data from Kpler and Vortexa shows, as cited by Reuters, reaching between 12 and 13.6 million ba ...