High oil prices mean drivers of petrol cars are now spending more to run their vehicle than those who have gone electric. Analysis by The Electric Car Scheme showed the annual cost of fuelling the typical petrol car has risen to £1,353 in 2026. This is compared with £592 for an electric vehicle (EV) driver […]
The cost of petrol vs. electric cars as fuel prices soar Read More »
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Oil Prices Fluctuate as U.S. Launches New Attack on Iran Read More »
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Jim Cramer drops blunt 7-word verdict on oil prices Read More »
TLDR OpenAI has confidentially filed paperwork for a future IPO, making it one of the most anticipated public offerings in tech history Oracle reported earnings with investors focused on its growing cloud and AI infrastructure business Consumer inflation came in at 4.2% annually, the highest level in several years Rising oil prices tied to Middle
TLDR May CPI rose 4.2% annually, the fastest pace since May 2023, in line with forecasts The Dow fell over 600 points; the S&P 500 dropped 1%; the Nasdaq slid 1.4% US-Iran military exchanges resumed overnight, pushing oil prices higher The PHLX Semiconductor index dropped 2.9% as the AI trade rotation continued Oracle earnings and
U.S. Markets Slip as May CPI Hits 3-Year High and US-Iran Tensions Flare Read More »
US annual inflation rate rose to 4.2% in May, its highest level since April 2023, driven by rising oil prices amid the US-Iran trade war, according to data from the Bureau of Labor Statistics. This data is expected to influence the Federal Reserve’s monetary policy path, as markets await the next meeting scheduled for June
US inflation rises to highest level since April 2023 Read More »
Ghana expects to earn about US$1.5 billion from petroleum revenue in 2026, significantly higher than the US$985 million projected in the national budget earlier this year. Finance Minister Dr. Cassiel Ato Forson revealed the revised outlook during an interview with Bloomberg in London. He said rising crude oil prices on the global market, driven largely
Ghana’s petroleum revenue to hit $1.5bn in 2026 — Ato Forson Read More »
By Julianne Geiger – Jun 09, 2026, 3:50 PM CDT The American Petroleum Institute (API) estimated that crude oil inventories in the United States fell by 9.119 million barrels in the week ending June 5. Analysts had expected a 3.4 million draw. In the week prior, US crude oil inventories fell by 6.75 million barrels.
US Crude Oil, Gasoline Inventories Keep Sinking, but Prices Don’t Care Read More »
Michael Kern What I Cover My focus spans the global energy landscape and the technologies reshaping it, specifically focusing on oil and gas, renewables, and tech-driven market… More Info Set us as your preferred Google source Premium Content By Michael Kern – Jun 08, 2026, 7:01 PM CDT Oil has been surging since the beginning
How Fake News Could Send Oil Prices Soaring Read More »
By Irina Slav – Jun 08, 2026, 5:00 PM CDT Oil inventories are being rapidly depleted as 10–14 million bpd of Middle Eastern supply remains offline, prompting warnings from Chevron, Exxon, the IEA, and major banks of a looming supply crunch. Markets may be underestimating the risk, with traders betting on a Hormuz reopening even
Global Economy Is One Oil Price Spike Away From Trouble Read More »
