Record Shipping Costs Force Oil Producers to Slash Prices
Freight is reshaping global oil trade and the prices producers can command for their crude. Soaring shipping costs are pushing delivered prices…
IMF Sounds Alarm Over AI’s Threat to Government Tax Bases
The head of the International Monetary Fund has warned financial ministers that widespread AI adoption could erode tax bases across the world…
Oil Prices Stay High as War Keeps Supply Tight Into 2027
During the first three months or so of the U.S. and Israeli war with Iran, the dominant mood on oil markets was…
Texas Researchers Say Permian Wastewater Could Cool AI Data Centers
The artificial intelligence boom is placing a dangerous strain on the world’s water and energy resources. As hyperscalers build up resource-hungry data…
Oil Prices Are Stuck at $105 as Geopolitical Risks Mount
Brent holds near $105 as Iranian tanker attacks and multiple geopolitical conflicts keep oil markets on edge. October 16, 2026 Oil prices…