Energy prices
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EIA expects U.S. households using natural gas or propane for heating to spend less this winter, while those using electricity or heating oil will spend more.
EIA expects U.S. households using natural gas or propane for heating to spend less this winter, while those using electricity or heating oil will spend more.
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ECB Chief Economist Lane: Energy prices are higher than expected but second-round effects are not strong, Eurozone economy shows resilience.
European Central Bank (ECB) Chief Economist Philip R. Lane stated that energy prices are currently above the ECB's baseline expectations, but second-round effects have not yet been very strong. He not
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Bloomberg Markets: One of Europe's most popular swap rate trades stumbled last month as energy prices surged.
Bloomberg Markets: One of Europe's most popular swap rate trades stumbled last month as energy prices surged.
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Indonesia's national airline, Garuda, is seeking to issue new shares again, months after receiving a $1.4 billion bailout, due to soaring fuel costs.
PT Garuda Indonesia, Indonesia's national airline, has seen its financial condition further deteriorate months after receiving a $1.4 billion bailout from sovereign wealth fund Danantara, as soaring f
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The U.S. Department of Energy will release up to 40 million barrels from the Strategic Petroleum Reserve, the last tranche since the Iran War, and urges European allies to fulfill their commitments.
The U.S. Department of Energy announced it will release up to an additional 40 million barrels of crude oil from the Strategic Petroleum Reserve (SPR). This is the final tranche of the 172 million bar
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Bank of Canada Deputy Governor: Central bank faces a "dilemma" between trade wars and energy price shocks
A senior Bank of Canada official stated that the central bank's rate-setting body is in a "dilemma" and has engaged in intense discussions on how to balance the impact of trade wars with the inflation
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U.S. gasoline prices fell 1.3 cents to $4.465/gallon, diesel dropped 14.7 cents to $6.382/gallon over past week
U.S. regular gasoline prices fell 1.3 cents over the week to $4.465/gallon, though prices remain $1.347 higher than a year ago. Diesel saw a much larger decline, falling 14.7 cents to $6.382/gallon, b
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The European Bank for Reconstruction and Development (EBRD) reported a slowdown in growth for developing economies, partly attributed to rising energy and wheat prices.
The European Bank for Reconstruction and Development (EBRD) reported on Thursday that growth in developing economies is slowing, partly due to rising energy and wheat prices. Ukraine is a major grain
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US diesel prices hit a new all-time high of $6.50 per gallon, and Iranian President Pezeshkian stated at the UN General Assembly that Iran "will never bow down."
U.S. diesel prices have surged to a new record high of $6.50 per gallon, making energy costs a political liability for the White House ahead of the midterm elections. Geopolitically, Iranian President
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The oil industry warns that a diesel export ban being considered by the Trump administration would drive up fuel prices, as Treasury Secretary Scott Bessent evaluates its feasibility.
U.S. President Donald Trump is weighing a ban on diesel exports to combat rising fuel prices ahead of the midterm elections. The oil industry warns that such a move would be counterproductive, exacerb
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France calls on the EU to take immediate action to lower energy prices and urges the European Commission to postpone the implementation of new methane regulations by one year.
French President Emmanuel Macron also urged the European Commission to postpone the implementation of new methane regulations by one year.
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U.S. manufacturing output unexpectedly fell 0.3% in August, the first decline this year, with capacity utilization dropping to a five-month low.
U.S. manufacturing output fell 0.3% in August, far below economists' forecast of a 0.3% increase and the first decline this year, data from the Federal Reserve showed on Friday. Factory capacity utili
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Amundi Strategist Berardi: Global Markets Still Face Vulnerabilities
Alessia Berardi, Head of Global Macro and Emerging Market Strategy at Amundi Institute, stated that global markets still face vulnerabilities amid central bank rate hikes, high energy prices, and fisc
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ECB's Vujčić: Energy prices, now well above baseline, are driving market expectations for inflation and rate path; expects food inflation to peak at 3.4% in Q3 2027
European Central Bank Governing Council member Boris Vujčić stated in an interview with Reuters that energy prices have continued to increase and are now well above the baseline of the ECB's latest pr
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South Korea's Finance Minister vows diplomatic efforts and import diversification to address energy price volatility
South Korean Finance Minister Koo Yun-cheol stated on Friday that the government will closely monitor energy price volatility and maintain an emergency response system. He made the remarks during a me
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The U.S. will allow Iran's president and foreign minister, along with other delegation members, to attend UN meetings but will impose travel restrictions.
BBC News reports that the U.S. government has issued visas to Iranian officials, allowing them to travel to New York next week for the United Nations General Assembly. The delegation includes Iranian
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Al Jazeera analysis: Rising energy prices are pushing global inflation higher again, forcing major central banks to raise interest rates
Al Jazeera analysis indicates that rising energy prices are once again driving global inflation, compelling major central banks to increase interest rates. Oil prices surged past $100 a barrel last we
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ECB’s Rehn Sees No Second-Round Inflation Effects From War Shock
European Central Bank Governing Council member Olli Rehn stated that the energy-price shock from the conflict in the Middle East has not yet fed through to other parts of the economy, thus far prevent
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US Treasury Secretary Scott Bessent supports the $5,000 check proposal, stating it would not increase the deficit; 10-year US Treasury yield rises above 5% to a near 20-year high.
U.S. Treasury Secretary Scott Bessent testified before Congress on Tuesday, expressing support for a proposal to issue $5,000 checks to American adults. He downplayed concerns about the fiscal cost, s
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Bessent: Gas prices are lower than they were under Biden
Bessent: Gas prices are lower than they were under Biden
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Treasury Secretary Bessent to testify before Congress, touting Iran war success and facing questions on rising energy prices, 10-year Treasury yield hitting 5%
Treasury Secretary Scott Bessent is scheduled to appear before the House Financial Services Committee on Tuesday for his annual testimony. He is expected to highlight the success of the Iran war and r
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US Energy Deputy Secretary Danly: US accelerating LNG export approvals to lower global energy prices
US Department of Energy Deputy Secretary James Danly told Bloomberg that the US is accelerating LNG export approvals and production to lower global energy prices. He argues that expanding American ene
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Bank of America Strategist: Diesel Prices Are the Real Threat to the U.S. Economy, Surpassing $6 on Friday to Hit a New All-Time High
Bank of America Strategist: Diesel Prices Are the Real Threat to the U.S. Economy, Surpassing $6 on Friday to Hit a New All-Time High
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The escalating conflict between Russia and Ukraine is inflicting new shocks on global fuel and food prices.
MarketWatch reports that the conflict between Russia and Ukraine has entered a new and intensified phase. Russia recently launched deadly attacks on Kyiv, while Ukraine has responded with more precise
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EU Energy Commissioner warns: No oil and gas shortages expected, but rising prices will make it difficult for citizens to pay bills this winter.
EU Energy Commissioner Dan Jorgensen warned that while oil and gas supply shortages are not expected, rising prices will make it difficult for many EU citizens to pay their bills this winter. Followin
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U.S. agricultural companies face increased uncertainty due to surging diesel prices and uneven agricultural exports.
U.S. agricultural companies face increased uncertainty due to surging diesel prices and uneven agricultural exports.
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Donald Trump stated on Truth Social that gasoline and diesel prices will soon plummet.
Donald Trump stated on Truth Social that gasoline and diesel prices will soon plummet.
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The TD Cowen/AFS Freight Index indicates that UPS and FedEx have further increased fuel surcharges due to soaring diesel prices
The TD Cowen/AFS Freight Index indicates that UPS and FedEx have further increased fuel surcharges due to soaring diesel prices, with parcel shipping costs expected to reach an all-time high this year
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Gold stabilized after its biggest weekly drop since June, as traders weighed elevated energy prices and focused on the upcoming Federal Reserve policy meeting.
Gold stabilized after its biggest weekly drop since June, as traders weighed elevated energy prices and focused on the upcoming Federal Reserve policy meeting.
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European and Middle East ministers urge US-Iran diplomacy, warn against new attacks
Foreign ministers from eight countries, including the UK, France, Germany, Turkiye, Saudi Arabia, Pakistan, Egypt, and Italy, convened in Istanbul on Friday to caution the United States against furthe
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Al Jazeera: The Iran war is becoming a key economic issue in the US midterm elections, with gasoline prices soaring to over $4.27 per gallon.
Al Jazeera reports that the Iran war has become a central economic issue in the U.S. midterm elections, with Democrats linking the conflict to the cost of living to criticize Trump-backed Republican c
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U.S. airlines saw passenger volume decline in Q3, but ticket prices surged. Executives stated they prioritized revenue over load factor and remain confident in their earnings outlook.
Major U.S. airlines reported a decline in third-quarter passenger volumes, but executives stated they prioritize revenue over load factor and remain confident in their profit outlook, as fuel costs dr
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Analyst: US and Israel's War Against Iran "Impossible to Win"
Negar Mortazavi, a senior fellow at the Center for International Policy, told Al Jazeera that any military escalation by the United States and Israel against Iran would be an "unwinnable war," warning
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American Airlines expects its FY2026 loss to widen to $1.00-$1.60 per share, dragged down by rising fuel costs despite record revenue.
American Airlines expects its FY2026 loss to widen to $1.00-$1.60 per share, dragged down by rising fuel costs despite record revenue.
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Middle East Tensions Escalate: US Deploys 10,000 More Troops, Israel Prepares for New Strikes Against Iran, Iran Issues War Warning
According to CCTV News, citing US officials, the United States is deploying the USS Theodore Roosevelt Carrier Strike Group and the 13th Marine Expeditionary Unit to the Middle East, expected to arriv
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Japanese electricity prices surged over 25% in a single day this Monday, driven by soaring LNG and coal prices.
Japan's average electricity price nationwide surged over 25% this Monday from last week, reaching $0.19 per kilowatt-hour (approximately 31.15 yen), according to Bloomberg, citing data from the Japan
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Canada's budget watchdog says Carney used oil windfall for tax write-off
Canada’s budget watchdog stated that new federal measures, including a major tax incentive for businesses, have more than offset a surge in revenues driven largely by higher energy prices.
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Donald Trump criticized the Democratic administration for leading the U.S. to its worst inflation, highest energy prices, and largest trade deficit in history, and warned that a victory in the midterm elections would repeat these outcomes.
Donald Trump criticized the Democratic administration for leading the U.S. to its worst inflation, highest energy prices, and largest trade deficit in history, and warned that a victory in the midterm
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Financial Times Analysis: Donald Trump's "Make America Cheap Again" Efforts Fail, Voters Blame His Policies for Rising Energy Prices
Financial Times Analysis: Donald Trump's "Make America Cheap Again" Efforts Fail, Voters Blame His Policies for Rising Energy Prices
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IMF member countries called for increased support for nations affected by war spillovers and high energy prices, warning that economic risks are skewed to the downside.
Members of the International Monetary Fund (IMF) called for increased support for countries facing short-term financing challenges due to negative spillovers from wars and high energy prices. The Inte
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France increases farmer aid to approximately €2 billion due to extreme weather.
France will increase aid to farmers to approximately 2 billion euros (about $2.2 billion) to help them cope with the devastating effects of extreme weather and high fuel and fertilizer prices, Bloombe
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Bloomberg Markets: European Leaders Lack Effective Tools to Mitigate Trump's War-Driven Energy Shock from Iran
EU leaders are looking for ways to alleviate soaring energy prices, but US President Donald Trump's war on Iran leaves them with limited options.
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Fed's Goolsbee: Hopes the impact of energy prices on inflation data will fade soon
Federal Reserve's Austan Goolsbee stated that he hopes the impact of energy prices on inflation data will subside soon.
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EU Commission Warns of Very Difficult Winter Amid High Energy Prices, Sees Affordability Crisis and Volatile Outlook
EU Commission Warns of Very Difficult Winter Amid High Energy Prices, Sees Affordability Crisis and Volatile Outlook
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European Energy Companies Set to Lead Earnings Growth for Third Straight Quarter, Bolstered by Elevated Prices Amid Middle East and Ukraine Conflicts
European Energy Companies Set to Lead Earnings Growth for Third Straight Quarter, Bolstered by Elevated Prices Amid Middle East and Ukraine Conflicts
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ECB September Meeting Minutes: Energy prices surge again due to US-Iran conflict, market expects inflation pressure to persist until 2027.
The European Central Bank's (ECB) September meeting minutes revealed that Eurozone financial markets have continued to be driven by rising energy prices since the July meeting, with market attention f
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Capital Economics: Central banks unlikely to hike as much as markets price
Capital Economics states that central banks are unlikely to raise rates as far as investors currently expect over the next year. The firm notes that while elevated bond yields have tightened financial
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Energy prices
24H Trending
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Samsung Electronics is down 4.44% from its previous close, now trading at ₩231,250.
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Samsung Electronics fell 5.99% from its previous close, now trading at ₩227,500.
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Nikkei Asia: Iranian separatists intensify attacks and seize territory in response to a potential full-scale US assault.
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What is FLOW? An Analysis of the Flow Blockchain Ecosystem and Its Current Status
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China's tech stocks lose luster as STAR 50 Index plunges over 40% from July peak, CATL falls 37% YTD amid AI profit doubts
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LS Cable subsidiary Gaon Cable secures W120b ($90m) US AI data center cable deal
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Report: Hedge Funds Exit Bitcoin ETF Arbitrage Trades, Sovereign Wealth Funds and Retail Investors Step In
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Obama criticizes Trump's Iran war, citing US vulnerability and rising oil prices
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Thailand's Kasikornbank taps AI to expand wealth management customer base
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Iran's Islamic Revolutionary Guard Corps claims to have shot down a US-made MQ-1 drone near the Strait of Hormuz.
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