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BoJ’s Himino: Delaying adjustment in monetary easing risks price overshoot
Bank of Japan (BoJ) Deputy Governor Himino said on Monday that delaying adjustment in monetary easin...
Gold edges lower to near $4,150 on US–Iran peace uncertainty, hawkish Fed signals
Gold price (XAU/USD) trades with mild losses around $4,155 during the early Asian session on Monday....
WTI rises nearly 2% on Strait of Hormuz closure, shaky peace talks
West Texas Intermediate (WTI) – the US oil benchmark – opened Monday’s Asian trading with an over $1...
Saudi Aramco Eyes $7 Billion Sulfur Asset Sale as Demand Soars
Saudi Arabia’s energy major Aramco is considering selling a stake in its sulfur business, eyeing proceeds of up to $7 billion, Reuters has reported, citing unnamed sources. The value of Aramco’s infra ...
The Invisible Energy Crisis Threatening to Derail the AI Boom
Every AI boom forecast being published right now — every bull case, Big Tech earnings call, and valuation model — seems to be making the same assumption. The electricity will be there to power it when ...
Clean Energy Investment Hits $2.2 Trillion, Nearly Double Fossil Fuels
Despite historic political headwinds against the global decarbonization effort, clean energy spending continues to see a meteoric rise around the world. The International Energy Agency’s World Energy ...
IEA Sees Massive Oil Surplus In 2027 As Middle East Supply Returns
The global oil market could swing from one of the largest supply disruptions in history to a surplus of more than 5 million barrels per day next year if Middle East production and exports recover foll ...
Exxon Set to Supply LNG to South Africa’s First Import Terminal
ExxonMobil and the company developing South Africa’s first LNG import terminal have signed a preliminary agreement for the U.S. supermajor to supply LNG to the proposed import terminal at the Port of ...
Shipping Industry Remains Wary Despite U.S.-Iran Agreement
Shipping firms remain reluctant to navigate the Strait of Hormuz sea passage despite this week’s peace deal, according to a boss of the industry’s lobby group who warned that trade volumes will not re ...
Poland Moves To Tax Fuel Windfalls Earned During Iran War
Poland’s government has approved a one-off windfall tax on fuel companies that benefited from soaring energy prices during the U.S.-Iran-Israel war, seeking to recover part of the billions spent prote ...
Trump Signals Renewed Focus on Ukraine After Iran Deal Breakthrough
US President Donald Trump held a "very good meeting" with his Ukrainian counterpart, Volodymyr Zelenskyy, at the G7 summit in France, he told journalists on June 16, adding that "Russia should make a ...
Qatar Prepares LNG Comeback Ahead of Hormuz Reopening
Qatar has started to return LNG tankers back to the Middle East in anticipation of an imminent reopening of the Strait of Hormuz that would allow the world’s second-biggest LNG exporter to start produ ...
China’s Gasoline Car Market Is Crashing as Fuel Prices Surge
Gasoline car demand in China is slumping on higher fuel prices resulting from the crisis in the Middle East, with gas guzzlers such as Range Rover, fetching discounts of up to 60%, Bloomberg reported, ...
China Bets on Ultra-Deep Shale Gas to Boost Energy Security
China’s state-owned oil and gas major and top refiner Sinopec is ramping up exploration in the shale formations of the Sichuan basin with a view to increasing the country’s shale gas production by a t ...
The Smartest Way to Play the AI Boom in 2026
If you've been investing in the AI boom, you probably own most of the same names everyone else does. NVIDIA for the chips. Microsoft, Google and Amazon for the cloud. Maybe Meta for the consumer side. ...