Oil Prices Rise Despite Middle East Export Recovery
Reports about recovering oil flows in the Persian Gulf and the Red Sea have dominated headlines over the past couple of weeks.…
The Gap Between How Consumers Feel and How They Spend
American consumers are currently living a contradiction, claiming the economy is in shambles while continuing to swipe their credit cards. Recent data…
Can Undersea Volcanoes Power Cities? A Seattle Startup Just Took the First Step
A geothermal startup aiming to source energy directly from undersea volcanoes just hit a major milestone that could bring round-the-clock clean energy…
Fuel Oil Becomes Asia’s Next Cost Shock
Singapore’s shipping-fuel market is adding another layer of cost to Asian trade. Disrupted supplies from the Middle East and Russia, resilient bunker…
Record Tanker Rates Cripple U.S. Crude Oil Flows to Asia
The Iran war has made oil tanker voyages so inefficient that vessel availability has crumbled and freight costs have soared to record-highs,…