Zimbabwe has been unseated from its unenviable position of having the world’s highest interest rate by Argentina, after slashing borrowing costs to help boost economic growth. Unlike Argentina, which raised borrowing costs by 15 percentage […]
By Tsvetana Paraskova of OilPrice.com Ukraine is ready to allow non-resident traders to use up to half of its natural gas storage capacity, the country’s Prime Minister Denys Shmyhal told national television on Wednesday. Ukraine […]
Porsche AG is out with the latest warning that the interest rate shock increasingly pressures consumers and will spark demand issues next year. Bloomberg quoted Porsche’s CFO Lutz Meschke as saying high interest rates are sidelining […]
Authored by Frank Miele via RealClear Wire, How do they get away with it? Even with the thousands of alternative media sources available today – Internet, podcasts, social media – the legacy media picks a […]
By Charles Kennedy of Oilprice.com The United States is likely to tighten the sanction enforcement on Iran’s crude oil exports over the Hamas-Israel war and the Iranian backing of Hamas, Helima Croft, the head of […]
By Michael Kern of OilPrice.com Amid expected higher demand at the start of the heating season, LNG imports into northwest Europe are expected to soar by 30% in November compared to October, Montel reported on […]
Update: The United Automobile Workers and Ford Motor Company reached a tentative agreement on a new four-year labor contract on Wednesday night. This comes six weeks after UAW initiated strikes targeting Detroit’s Big Three automakers. […]
Russia’s military has conducted a “massive” retaliatory nuclear strike drill, hours after the upper house of parliament voted to revoke the country’s ratification of a global ban on nuclear testing. The exercise, which involved the […]
U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum Reserve) increased by 1.4 million barrels from the previous week. At 421.1 million barrels, U.S. crude oil inventories are about 5% below the five […]
World Oil AUSTIN – The Railroad Commission of Texas assessed $2,425,495.50 in fines involving 597 enforcement dockets against operators and businesses at the Commissioners’ Conference on Tuesday. The Commission has primary oversight and enforcement of […]
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