World oil production down 1.8M barrels per day in April, Int'l Energy Agency says

World oil demand expected to contract by 420,000 barrels per day year-on-year in 2026, global energy body announces

World oil production down 1.8M barrels per day in April, Int'l Energy Agency says

World oil demand expected to contract by 420,000 barrels per day year-on-year in 2026, global energy body announces

Netherlands still imports Russian LNG despite EU push to cut reliance

load_more

3-year high inflation makes it difficult for Fed to continue interest rate cuts

'Higher printed inflation and higher inflation expectations makes it extremely difficult for the Fed to even consider cutting rates any time soon,' says ING Regional Head of Research for Americas Padhraic Garvey13 May 2026

US stocks end mostly lower as April inflation at highest since 2023

S&P 500 falls 0.16%, Nasdaq down 0.71%, Dow Jones up 0.11%, as annual consumer inflation accelerates to 3.8%13 May 2026

US federal budget posts $215B surplus in April, topping expectations

Surplus falls nearly 17% from same month last year; market expectation was $157.2B12 May 2026

European stocks end lower amid UK political turmoil, fading Iran war optimism

Pan-European Stoxx 600 falls 1%; British pound slides against dollar as pressure mounts on UK Prime Minister Keir Starmer12 May 2026

US Senate confirms Kevin Warsh to Federal Reserve Board

Confirmation moves Trump nominee closer to becoming next Fed chair, with separate vote on chairmanship expected this week12 May 2026

QatarEnergy, TotalEnergies, ConocoPhillips sign Syria offshore exploration deal

Agreement includes technical assessment by companies, sets out framework for technical discussions related to exploration activities in block, says QatarEnergy 12 May 2026

US inflation hits 2-year high in April, reaching 3.8%

Energy prices jumps 17.9% in US year-on-year in April12 May 2026

Cyberattacks drain $238B from German economy

Interior Ministry reports 334,000 crimes in 2025 as international hackers use sophisticated ransomware and AI-powered tools12 May 2026

Mideast energy shock impact on Indian oil companies 'worrying,' says official

How long will oil companies be able bear losses worth $104.5 million a day 'is something that worries me,' says Indian Oil Minister Hardeep Singh Puri 12 May 2026

Iran war drives German inflation rate to highest level since Jan. 2024

'Overall inflation increased for the second consecutive month as a result of another rise in energy prices that was due to the Iran war,' says Destatis chief12 May 2026

World oil production down 1.8M barrels per day in April, Int'l Energy Agency says

World oil demand expected to contract by 420,000 barrels per day year-on-year in 2026, global energy body announces

World oil production down 1.8M barrels per day in April, Int'l Energy Agency says

World oil demand expected to contract by 420,000 barrels per day year-on-year in 2026, global energy body announces

Economy

Economy

load_more

India-bound LPG carriers add to rise in Hormuz transits despite restrictions

US stocks end mostly higher as tech rally pushes Nasdaq, S&P 500 to record highs

European stocks close higher on hopes of progress for US-Iran peace

Alibaba core profit plunges 84% on AI, e-commerce investments

SoftBank Vision Fund posts $46B gain from OpenAI investment

US producer prices up 6% in April, highest since Feb 2023

load_more