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United States Dollar Index Price Forecast: Gains ground above 101.50 amid overbought RSI signals
The US Dollar Index (DXY), an index of the value of the US Dollar (USD) measured against a basket of...
RBA’s Hauser: Still have work to do to reduce inflation, which remains far too high
Reserve Bank of Australia (RBA) Deputy Governor Andrew Hauser said that the central bank still has w...
IAEA Warns Iran Nuclear Risk Has Increased
The possibility of Iran developing a nuclear weapon is now higher than it was before the United States and Israel first attacked the country in February, the International Atomic Energy Agency has con ...
A New U.S. Battery Line Designed to Make Energy Storage Safer and Cheaper
The US has recently launched a new battery production line, which is expected to help researchers develop safer and cheaper energy storage technologies for the electric grid. The new line is housed at ...
Iran's Oil Exports Collapse to Six-Year Low as Blockade Tightens
Iran's oil exports fell to their lowest level in at least six years in May as the U.S. naval blockade continued to choke off crude shipments and leave tens of millions of barrels stranded at sea. Acco ...
Venezuela’s Debt Overhaul Faces New Controversy
When the US removed Nicolás Maduro from power in Venezuela, the expectation was collapse. It has not come. The removal of a long-serving head of state is almost always followed by economic chaos. Foll ...
Central Banks Bought Less Gold in 2025 But It Still Hit a 45 Year High
Gold saw a significant price rally over the course of 2025, after geopolitical uncertainty and heightened central bank buying drove more people to the safe haven asset. Gold prices rallied 44 per cent ...
Dangote Breaks Ground on 700,000-Bpd Second Crude Processing Unit
Africa's biggest refinery is getting bigger. Nigeria's Dangote refinery has started work on a second crude processing unit that will add another 700,000 barrels per day (bpd) of capacity, putting the ...
KEPCO Wins $1.4-Billion power Project for $100-Billion Saudi Jafurah Field
South Korea’s state-run utility Korea Electric Power Corp. (KEPCO) has won a $1.4-billion deal with Saudi oil giant Aramco to build and operate Phase 2 of Saudi Arabia’s Jafurah cogeneration power pla ...
America's Rare Earth Reckoning Could Create a New Strategic Powerhouse
As the Pentagon’s 2027 ban on Chinese-origin rare earth materials moves closer, REalloys (NASDAQ: ALOY) is locking down exclusive control of the biggest heavy rare earth metallization systems outside ...
Why America’s Gas Power Boom Could End in Disaster
There are over 100 new gas fired power stations under construction in the US. The US Energy Information Administration (EIA) projects that domestic gas demand will rise 6% next year as some of those ...
Russia Admits Oil Output Is Falling as Ukrainian Drone Strikes Hits Refineries
Russia's crude oil production has declined since the beginning of the year as a number of local refineries are under unscheduled repairs and maintenance, Russia's Deputy Prime Minister Alexander Novak ...
U.S. Lawmakers Push New Ukraine Aid and Russia Sanctions
The US House of Representatives voted on June 3 to advance legislation providing new military assistance to Ukraine, overcoming opposition from the administration and marking the first major Ukraine s ...
South Korea Boosts Jet Fuel Exports to Nine-Month High
South Korea’s refiners have increased processing rates and jet fuel exports as crude imports into the Asian country recover and wide open arbitrage encourages shipments to the U.S. West Coast, analyst ...