The leading economics blog online covering financial issues, geopolitics and trading.
Last week, former NY Fed staffer Zoltan Pozsar sparked a shockwave across Wall Street when in his latest research piece, he suggested that as a…
The U.S. aims to cut its greenhouse gas emissions in half by 2030 as part of its commitment to tackling climate change, but might be lacking…
Volkswagen CEO Herbert Diess told the FT in an interview published Thursday that a prolonged war in Ukraine would be "very risky" for the European…
The flip flopping in Germany over nuclear power continues, with Germany’s economy and environment ministries now reverting back to their old tune of advising against…
On March 8, while President Joe Biden announced a ban on Russian oil and gas imports, regular gasoline at one BP gas station on Chicago’s…
In an arrangement similar to the bloc's $2 trillion COVID rescue fund, the European Union has decided to jointly issue what Bloomberg dubbed "potentially massive"…
Tesla officially sold 56,515 Chinese made vehicles in February, according to new data from the China Passenger Car Association (CPCA) that was released on Tuesday.…
After facing a huge backlash last week and over the weekend when it snapped up a cargo of Russian crude at a bargain price at a time…
With energy stocks the only green sector in yesterday's broad market rout as war in Ukraine dominates markets... .... on a historic basis the group…
With the US reportedly said to vote as soon as Tuesday on a proposal to ditch trade relations with Russia and Belarus, including suspending oil imports despite…
European natural gas futures soared Monday after reports the Biden administration was considering curbs on Russian crude imports sent shock waves across commodity markets. Brent…
Shares of Occidental Petroleum opened higher on Monday (although off their highs from overnight) after Warren Buffett's Berkshire Hathaway revealed over the weekend that it…
One day after we reported that Germany had warned against a ban on energy imports from Russia, quoting Germany's Economy Minister Robert Habeck who said "I would…
It may not be the spin-off that Wall Street was hoping for, but Ford is slated to announce that it is going to undergo a…
Europe may have trouble replenishing its natural gas storage facilities by next winter as storage levels are at decade lows. Russia, which supplies one-third of…
OPEC+ producers are likely to maintain the current policy of 400k BPD monthly hikes, according to sources. However, the upcoming meeting will be more complex…
Switzerland's historic neutrality is no longer: moments ago Reuters reported that the Swiss government had joined the EU in adopting sanctions on Russia, freezing assets…
As oil prices continue to rocket, now further helped along by Russia's invasion of Ukraine, the Biden administration is still fighting tooth and nail to…
It looks as though living the alternative energy EV dream is coming with higher costs...at least, that's what's being reported on the ground in Munich. …
Conflict in Ukraine continues to send European energy prices higher Thursday morning. Dutch TTF Gas Futures are up a staggering 60%, the most since 2005,…