Economy
Oil fell. The Fed's problem didn't
Oil fell by more than 7 per cent on Monday, its sharpest one-day drop in months, after Tehran said contacts with Washington aimed at ending the eight-month conflict were continuing.
Oil
Markets & Finance
The Treasury rally that oil can't explain
Two weeks ago the yield on the ten-year Treasury note closed at 5.31 per cent, its highest close in about two decades, and talk on Wall Street was of 5.5 per cent and beyond.
Economy
Gasoline did most of September's inflation
American consumer prices rose 0.6 per cent in September, after 0.4 per cent in August, and 3.7 per cent from a year earlier, up from 3.4 per cent in August.
Markets & Finance
The 10-year nears 5% as oil nears $100
The benchmark 10-year US Treasury yield rose to 4.818 per cent on 2 September, edging closer to the 5.0 per cent mark that traders treat as a line in the sand, while Brent crude sat near $99 a barrel.
Economy
Is the oil shock turning into wage inflation?
Headline consumer price inflation rose to 3.4 per cent in July, pushed up by hundred-dollar crude.
Business
Which companies can pass on higher costs
Headline consumer price inflation picked up again in July to 3.4 per cent year on year.
Markets & Finance
The peace deal collapses, and oil jumps
Front-month Brent rose 16 per cent in five trading sessions to $88 a barrel after Middle East peace talks broke up without an agreement on 28 July.
U.S.
America's emergency oil is running out
The US Strategic Petroleum Reserve (SPR) has fallen to its lowest level since 1983, according to Department of Energy figures.
Economy
Is it oil or tariffs pushing prices up?
A new statistical breakdown of the mid-2026 rise in inflation takes up the question that divides the Federal Reserve.
World
Hormuz reopens, on paper
The news wires announced on 23 June that the Strait of Hormuz was open again, after regional powers signed a multilateral Memorandum of Understanding (MOU) at a formal ceremony.
Markets & Finance
Is oil being priced in yuan now?
Large volumes of internationally traded crude are now being priced, invoiced and settled only in Chinese yuan.
Business
Oil tankers stuck at sea
More than twenty-two merchant ships, twelve of them ultra-large crude carriers and eight of them container ships, are still at anchor and going nowhere across the northern Indian Ocean.
World
Three ways the Hormuz crisis could end
International mediators published a tentative framework on 28 May for ending the maritime crisis in the Persian Gulf.
Markets & Finance
Peace, maybe: how markets price it
Markets rallied in a jumpy, nervous fashion on 26 May on rumours that a comprehensive peace framework between Washington and Tehran, mediated by the Swiss, was close.
Special Report
Memorial Day: Summer driving at $100 oil
Brent crude sat between $105 and $108 over Memorial Day weekend, and the average price of petrol at American pumps topped $4.60 a gallon.
Economy
The world is running down its oil reserves
The chief executive of Saudi Aramco told an energy conference in Riyadh on 11 May that the world is using up its emergency stocks of crude and refined products at a rate it cannot keep up.
World
Why ships won't sail through Hormuz
The Pentagon paused its naval convoy escorts through the Persian Gulf on 4 May, an embarrassing halt to its plan to reopen the route to trade.
Economy
Diesel prices are the warning sign
Wholesale diesel crack spreads have climbed steeply and without pause, and energy analysts and industrial economists think they matter more than the headline Brent price that most commentators watch.
Markets & Finance
A ceasefire, and oil falls
Crude fell by more than eight per cent on 7–8 April after officials from Washington and Tehran, along with regional mediators, announced a tentative and temporary ceasefire framework.
World
Asia pays the most for Hormuz
China, India, Japan and South Korea take more than eighty per cent of the petroleum that passes through the Strait of Hormuz.
Markets & Finance
What bond markets say about the oil shock
Brent crude crossed $100 after the Hormuz shock, and the Treasury market split in two.
Economy
Emergency oil can't fill the gap
The International Energy Agency's coordinated release of 400 million barrels of crude and refined products from strategic reserves was billed as a multilateral effort with no precedent.
Business
Which airlines are protected from $100 oil
Jet fuel prices soared after Hormuz closed, and airlines split into two camps: those that had hedged their fuel and those buying at spot prices.
Economy
How much will oil push up prices?
Brent crude is trading well above $100 a barrel for the first time since August 2022, and central bank economists are rushing to redo their estimates of how much will feed through into wider inflation.
Economy
The oil shock the world feared
Brent crude shot above $100 a barrel after war broke out in the Persian Gulf on 28 February.
World
America bombs Iran. Oil falls
American forces struck Iranian facilities on 21–22 June, after days of speculation and rising energy prices.
World
Oil jumps as Israel strikes Iran
Israel struck Iranian military infrastructure and strategic installations on 13 June, and crude oil shot up.
Special Report
Memorial Day: Petrol prices and the summer inflation bump
American petrol prices averaged roughly $3.59 a gallon going into Memorial Day weekend, the unofficial start of the summer driving season, and motorists have no hedge.
Economy
Saudi Arabia keeps oil above $90
Saudi Arabia will keep its unilateral cut of one million barrels a day in place until the end of the year, and Brent crude is back above $90 a barrel.
Economy
OPEC just made the Fed's job harder
OPEC+ surprised oil markets on Sunday, 2 April, by announcing a production cut of 1.16 million barrels per day.
