Saudi Aramco, the world’s largest oil exporter, is making waves in the liquefied natural gas (LNG) market with advanced negotiations to secure 2 million tonnes per annum (Mtpa) of LNG from Commonwealth LNG’s terminal in […]
Copper prices have gone stratospheric, with U.S. Comex futures spiking as much as 17% in a single day—the largest intraday gain in over three decades—following President Donald Trump’s announcement of a 50% tariff on copper […]
The global oil market is showing signs of robust demand, according to United Arab Emirates Energy Minister Suhail al-Mazrouei, who recently stated that the market is “thirsty” for additional OPEC+ barrels. Speaking at a biennial […]
Listings YoY: Orange County +66%, San Diego +55%, Fresno +48%, Sacramento +47%, Los Angeles +45%, Riverside-San Bernadino +43%, San Jose & Silicon Valley +39%; San Francisco metro +30%. By Wolf Richter for WOLF STREET. Los Angeles County: Active […]
Amid tight supply and solid demand. By Wolf Richter for WOLF STREET. Inflation pressures in used vehicle prices, after the historic plunge from the historic spike, have now been rebuilding for an entire year. Prices of used vehicles […]
OPEC+ has been making waves with ambitious production quota hikes, signaling a bold shift toward reclaiming market share. However, recent data reveals a recurring theme: the group’s actual output consistently falls short of these lofty […]
Venture Global, a rising star in the U.S. liquefied natural gas (LNG) export market, is making waves with its strategic play at the Plaquemines LNG facility in Port Sulphur, Louisiana. The plant, which achieved first […]
Daily Standup Top Stories Ghost Factories Are a Warning Sign for Green Manufacturing’s Future July 7, 2025 Clark Savage The promise of a green manufacturing boom, fueled by generous subsidies and ambitious climate policies, is unraveling […]
Quantitative Tightening accelerated further. With its bank stocks gone, the BOJ may start selling its equity ETFs soon. By Wolf Richter for WOLF STREET. Quantitative tightening, in terms of the Bank of Japan’s vast holdings of Japanese Government […]
Daily Standup Top Stories OPEC+ Pumps Up Output, but Can They Make the New Quotas? July 5, 2025 Clark Savage In a bold move that caught markets off guard, OPEC+ announced a hefty production increase of […]
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