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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 ...
Gold rallies as mediocre US NFP crushes Fed rate hike bets
Gold (XAU/USD) skyrockets on Friday, gaining over 2.30% in the day and more than 7% in the week afte...
Europe's Heatwave Is Becoming an Energy Crisis
The intense early summer heatwave in Europe is warming the biggest rivers and drying up their water levels, disrupting energy deliveries, power generation, and key supply chain routes. The heatwaves i ...
What Is a Microgrid? How They Work and Why They're Suddenly Everywhere
When Hurricane Maria flattened Puerto Rico's power grid in 2017, one building in the mountain town of Adjuntas never went dark. Casa Pueblo, a local environmental group, had already wired its headquar ...
Canada Unveils New Pipeline to Cut Reliance on U.S. Oil Routes
A new oil pipeline could connect eastern and western Canada as the oil-rich country seeks to become more self-reliant and reduce its energy dependence on the United States. However, not everyone is in ...
U.S. Scientists Tap Seawater to Break China's Rare Earth Monopoly
Competition for critical minerals used in the energy, manufacturing, and tech sectors is heating up to be a major geopolitical flashpoint around the world. The supply chains for essential ingredients ...
Oil and Gas Employment Hits a 2026 Low Even as Production Sets Records
Chevron is cutting up to 9,000 jobs this year. That's a fifth of its global workforce, gone, while it digests the $53 billion Hess deal. ExxonMobil trimmed 2,000. BP shed more than 5 percent of its st ...
Colombia's New Government Prepares Fossil Fuel Comeback
On 21st June, conservative, Trump-endorsed presidential candidate Abelardo de la Espriella won the election by just 1 per cent over Iván Cepeda, who was expected to take over the Socialist Party leade ...
US Oil Drilling Picks Up As Brent Gains 4%
The total number of active drilling rigs for oil and gas in the United States rose this week, according to new data that Baker Hughes published on Friday, bringing the total rig count in the US to 588 ...
U.S. Expands Iran Strikes as Tehran Retaliates Across the Gulf
US forces stepped up attacks on Iranian sites, reportedly striking key bridges, railways, and an airport, prompting retaliatory action by Tehran, even while the White House said talks between the warr ...
China to Hike Retail Gasoline and Diesel Prices as Oil Jumps 12% in a Week
Following the surge in international crude oil prices in the past week, China will raise the domestic retail prices of gasoline and diesel, effective July 18, the state economic planning commission sa ...
Geopolitical Risk Premium Returns as Crude Posts Biggest Weekly Gain in Months
September WTI crude oil posted its strongest weekly gain in months, rallying over 11% as traders rapidly rebuilt a geopolitical risk premium into the market. After opening the week near $72.50, prices ...
China Seeks Long-Term LNG Deals Beyond the Strait of Hormuz
China’s giant state LNG importers are in talks to secure long-term LNG supplies from exporters that don’t need the Strait of Hormuz, as the world’s biggest LNG buyer seeks to reduce its exposure to ga ...
South Korea Bets on Red Sea Route as Hormuz Disruptions Persist
Since the Iran war disrupted shipments through the Strait of Hormuz in early March, South Korea has been increasingly betting on the Red Sea route and the Saudi export terminal of Yanbu to load oil on ...