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The stock market sighed with relief at the latest consumer price index (CPI) report released by the Labor Department on Wednesday. Instead of rising, the CPI stayed flat from the 0.3% uptick in...
The IEA has a dream to cope with anything. If they see the wonder, of a fairy tale, they can take the future, even if they fail. The International Energy Agency is predicting “Peak Oil Demand” again....
Oil prices rebounded on Monday, with WTI and Brent crude futures posting gains amid rising summer fuel demand and shifting market sentiments. Oil prices rebounded on Monday, with West Texas...
Oil prices are trying to bottom, again, as OPEC Plus tries to calm the markets surrounding its oil production cut tapering plans and after the Energy Information Administration (EIA) report that...
At the end of May 2024, natural gas prices outperformed, reaching the highest level since February and climbing to $2.7 per 1 MMBtu. Last Monday, they reached a six-month all-time high of $3.16....
While the petroleum markets try to shake off an almost ridiculously bearish weekly American Petroleum Institute (API) that showed a larger than expected 4.05-million-barrel increase in crude supplies...
Did you know that every time you type a query into ChatGPT, it requires about 10 times as much electricity to process as a Google (NASDAQ:GOOGL) search? That’s according to Goldman Sachs, which...
OPEC Spins Barrels like plate spinners trying to dazzle the market without breaking anything. While the market seems confused as to what this meeting accomplished, and the tiers of many production...
Oil prices had a terrible month in May as demand concerns continue to plague the market as we head into a new era of uncertainty. On one side, we had disappointing numbers come out on diesel and...
Take away the punch bowl just as the party is getting started! Fed Officials did not like the Memorial Day price explosion in the commodity complex and did their best to cool off expectations by...
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