The 6-month PCE price index accelerated to 2.8% annualized, despite dropping energy prices. It’s been 2.7% to 3.3% in 2025, sharply higher than in the 2nd half of 2024. By Wolf Richter for WOLF STREET. The inflation measure […]
In a recent opinion piece for The Daily Caller, energy expert David Blackmon highlighted a curious phenomenon: despite Israel’s military actions against Iran starting June 12, 2025, the anticipated oil price spike failed to materialize. […]
In this episode of Energy Newsbeat – Conversations in Energy, Stuart Turley and Wasif Latif discuss the impact of geopolitical tensions, particularly the escalation in the Middle East, on the commodities market. They explore the […]
In a groundbreaking move for Iraq’s energy landscape, Texas-based Excelerate Energy Inc. is in advanced talks to supply the country’s first-ever liquefied natural gas (LNG) import terminal, a floating storage and regasification unit (FSRU) at […]
The Chabahar-Zahedan railway line, a transformative infrastructure project in Iran, is nearing completion, signaling a seismic shift in regional trade dynamics. Spanning approximately 628-750 kilometers, this railway connects Iran’s strategic Chabahar Port on the Gulf […]
Russian forces have seized the village of Shevchenko in eastern Ukraine, a strategically significant location near the Kruta Balka lithium deposit, one of Europe’s largest untapped hard-rock lithium prospects. This development, reported by OilPrice.com on […]
At the NATO summit held in The Hague on June 25, 2025, alliance leaders agreed to a bold new defense spending target of 5% of GDP by 2035, a significant leap from the previous 2% […]
Daily Standup Top Stories Alberta Spends $5 Million to Support World’s First Direct Air Carbon Capture Centre Would Trees Be Cheaper? China’s EV Market is in turmoil June 25, 2025 Clark Savage China’s EV market is […]
Lennar’s average sales price drops to lowest since Q2 2020, gives up entire 2020-2022 price explosion. Homeowners wanting to sell have no idea what they’re up against. By Wolf Richter for WOLF STREET. New single-family homes for sale […]
The energy sector is buzzing with speculation following an exclusive report from The Wall Street Journal, which revealed that Shell (NYSE:SHEL) is in early-stage talks to acquire its British rival BP (NYSE:BP). This potential $80 […]
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