Global Oil Demand Surges in February, Hits Five-Year Seasonal High
In February 2024, global oil demand surged to a five-year seasonal high, with India setting consumption records while China experienced a decline during its holiday season.
In February 2024, global oil demand surged to a five-year seasonal high, with India setting consumption records while China experienced a decline during its holiday season.
Economic pressures and policy shifts are causing a significant shift in Europe's automotive market, with a notable decline in electric vehicle sales as consumer interest returns to traditional combustion engines.
Recent spikes in US Treasury yields, contrasted with stable German yields, suggest an 'uncertainty premium' in US markets.
Zimbabwe has introduced a new gold-backed currency, the Zimbabwe Gold (ZiG), amidst skepticism over its ability to stabilize the nation's troubled economy.
The Biden administration's actions, including halting the Keystone Pipeline and implementing new leasing regulations, have significantly impacted the U.S. oil and gas industry, raising concerns about national energy security and economic stability.
Jerome Powell's latest remarks underscore ongoing inflation concerns, signaling an extended high-interest rate period.
In 2023, Germany's oil and natural gas production continued to decline, with calls from BVEG leaders to increase local production for enhanced energy security.
The March jobs report in the U.S. suggests an unsettling trend toward part-time employment and a notable decrease in full-time positions.
In February 2024, global oil demand surged to a five-year seasonal high, with India setting consumption records while China experienced a decline during its holiday season.
Economic pressures and policy shifts are causing a significant shift in Europe's automotive market, with a notable decline in electric vehicle sales as consumer interest returns to traditional combustion engines.
Recent spikes in US Treasury yields, contrasted with stable German yields, suggest an 'uncertainty premium' in US markets.
Zimbabwe has introduced a new gold-backed currency, the Zimbabwe Gold (ZiG), amidst skepticism over its ability to stabilize the nation's troubled economy.
The Biden administration's actions, including halting the Keystone Pipeline and implementing new leasing regulations, have significantly impacted the U.S. oil and gas industry, raising concerns about national energy security and economic stability.
Jerome Powell's latest remarks underscore ongoing inflation concerns, signaling an extended high-interest rate period.
In 2023, Germany's oil and natural gas production continued to decline, with calls from BVEG leaders to increase local production for enhanced energy security.
The March jobs report in the U.S. suggests an unsettling trend toward part-time employment and a notable decrease in full-time positions.
Despite inflation-adjusted incomes falling dramatically since January 2021, Americans are buying more than ever. That may sound like a contradiction, but it’s perfectly possible, at least in the short run. Americans today, especially the young, are just “bougie broke.” That’s a fancy way of saying people have given
Discrepancies in rising commodity prices and interest rates cast doubt on the authenticity of the perceived economic recovery, challenging the traditional reflation narrative.
Confidence in Western financial markets has already been shaken enough by the 20% devaluation of the dollar over the last few years. But now the European Commission wants to hand Ukraine $300 billion seized from Russia. Doing so likely would sound the death knell for the dollar and eventually the
The sharp decline in inflows to the Federal Reserve's reverse repo facility signals shifts in U.S. monetary strategy, influenced by tax deadlines and Treasury debt settlements.
China's banking challenges and slowing loan growth raise serious concerns about the country's economic stability and its potential impact on global growth.
Persistent high inflation in the U.S., marked by a significant annualized increase in the CPI, is complicating the Federal Reserve's policy decisions amid economic and political pressures.