Author name: David Ryabchikov

China Is on Its Way to Becoming World’s First ‘Electrostate’

China Is on Its Way to Becoming World’s First ‘Electrostate’

Alex Kimani Alex Kimani is a veteran finance writer, investor, engineer and researcher for Safehaven.com.  More Info Premium Content By Alex Kimani – May 22, 2025, 7:00 PM CDT China leads the world in electrification, with a 30% electrification rate—far ahead of the U.S. and EU at ~22%—dominating sectors like transport and industry. Massive investment

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WTI Crude Oil consolidates between key levels as traders await economic cues

WTI Crude Oil consolidates between key levels as traders await economic cues

WTI remains range-bound with prices trading between the 20 and 50-day SMAs. Oil holds above $62, but a break lower could spark a drop toward $60. Momentum stalls as traders await direction from broader market catalysts. Crude Oil prices remain under pressure on Tuesday, weighed by a combination of rising global supply and persistent economic

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Saudi crown prince welcomes Trump to kingdom as U.S. leader begins four-day Middle East tour

Saudi crown prince welcomes Trump to kingdom as U.S. leader begins four-day Middle East tour

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Oil Prices Hold Firm on Trade Talk Optimism

Oil Prices Hold Firm on Trade Talk Optimism

Crude oil futures ended the week higher, buoyed by renewed optimism around U.S.-China trade talks and signs of tightening inventories. West Texas Intermediate (WTI) settled near $59.91, marking a 2.78% weekly gain after rebounding sharply from multi-year lows earlier in the week. Bargain buying and improved sentiment supported prices despite strong macroeconomic and supply-driven headwinds.

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