Bloomberg survey: Equity strategists, portfolio managers, and retail investors have grown increasingly bullish on energy stocks. A shortage of critical fuels such as natural gas and diesel could boost the Continue Reading
New York Fed survey: U.S. inflation is expected to average 5.7% for the whole of 2023 and contract to 2.8% three years out thanks to falling gas prices. AAA: the Continue Reading
The Biden administration is making preparations for a complete shutdown of the railway system amid failing talks between trade unions and railways. The negotiations have been going on for more Continue Reading
Highlights 70% of US ethanol shipped by rail Strike would interrupt coal deliveries Coal shortage could boost gas demand Commodity markets were closely watching negotiations between US railroads and unions Continue Reading
The Inflation Reduction Act’s name may become a misnomer. The Inflation Reduction Act’s (IRA) name may become a misnomer if investment surges while supply chains remain constrained – fueling inflation. Continue Reading
Lower fuel prices caused an unexpected fall in British inflation in August, official figures showed on Wednesday, offering some respite to households and the Bank of England after inflation hit Continue Reading
The European Commission on Wednesday unveiled a series of proposals to curb the energy price spike that has rocked Europe in the wake of Russia’s invasion of Ukraine, while stressing Continue Reading
Norway’s Equinor became the first Western oil major to fully exit Russia this month, avoiding the high-profile clashes with Moscow experienced by some rivals – but it also paid a Continue Reading
The European Union will propose measures to cap revenues from low-cost electricity generators and force fossil fuel firms to share the profits they make from soaring energy prices, European Commission Continue Reading
Russia’s oil-export revenue contracted to $17.7 billion in August, the lowest since at least March, as a decline in crude prices more than offset higher supplies abroad, according to the Continue Reading
