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Tag: Strategic Petroleum Reserve

USD/JPY higher on strong demand for 10-year notes; Commodities diverge – MarketPulse

Thursday’s inflation report to seal the deal for a Fed hold in September Treasury sells 10-year notes with strong demand as yields drop China deflation...

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MacroSlate Weekly: US economic indicators point towards contraction as unemployment stays at historic lows

Ad GFC vs. 2023It seems contraction in the U.S. economy is starting to appear. However, a recession is not scheduled for the time being....

US Open: Stocks still jittery on banking woes, Inflation expectation fall to lowest levels in nearly 2 years, Crude struggles, Gold shines, Bitcoin eyes...

US stocks are weakening on fears that this week’s banking turmoil will lead to tighter lending standards that will cripple small businesses and...

New York AG will seek sanctions on Trump, lawyers over ‘false’ court filings in $250M fraud suit

Former US President Donald Trump addresses the crowd during a 2024 election campaign event in Columbia, South Carolina, on January 28, 2023.Logan Cyrus |...

Middle East & Africa Sales and Production Commentary- January 2023

Middle East/Africa salesDecember 2022: +8.7%; 0.318 million units vs. 0.292 million unitsYTD 2022: +5.6%; 3.756 million units vs. 3.556 million unitsLight vehicle demand in the Middle...

Texas library privatization fight | Florida voucher expansion | Purple Line red ink | and more

January 27, 2023 Texas library privatization fight | Florida voucher expansion | Purple Line red ink | and more Filed under: virtual...

Gas Prices Tumble Ahead of the Holidays

Gas prices are on a long slide heading into the Christmas and New Year holidays. The national average pump price slid 12 cents...

Fed React: Stocks slump on hawkish FOMC statement, dollar pares losses, Delta, oil rises, gold down post-Fed, cryptos pare gains

US stocks tumbled after the Fed downshifted to a half-point rate hike pace but signaled ‘ongoing increases’ will be appropriate to combat inflation....

Oil pops on Keystone Pipeline leak, gold edges higher

Oil Crude prices spiked higher after the Keystone Pipeline was shut after a leak in Nebraska. ​ Earlier, Tribeca Shipping Agency reported 19 oil...

What you need to know about the energy crisis

In May I wrote about the emerging energy and food crisis gripping the world due largely to the Russia-Ukraine conflict. The crisis continues to unfold. However, most people are aware of it only via high prices—for gasoline, electricity, natural gas, and food—and through widespread chatter among economists about inflation and what should be done to […]

The post What you need to know about the energy crisis appeared first on Post Carbon Institute.

Oil rallies as Chengdu eases lockdowns, gold weakness continues

Oil rebounds as China relaxes Covid restrictions Oil is...

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