The 10-year Treasury yield breached levels last seen in 2007, with intensifying worries about energy-driven inflation contributing to bond investors’ angst.
Category: Oil (Petroleum) and Gasoline
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Key U.S. Bond Rate Near 20-Year High as Oil Prices Keep Climbing
The New York Times – Business: -
What Is Driving Diesel Prices Up? Energy Chaos Caused by Two Wars.
The New York Times – Business:President Trump recently blamed Ukrainian attacks on Russian refineries for causing a spike in diesel prices, but analysts say the Iran war is probably a bigger factor.
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Oil Prices Jump on Energy Supply Worries
The New York Times – Business:Traders sold oil futures on concerns that energy supplies from the Persian Gulf would be further diminished by a drone attack on a critical pipeline in Saudi Arabia.
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Oil Prices Jump on Energy Supply Worries
The New York Times – Business:Oil prices jumped and stock futures fell slightly on concerns that energy supplies from the Persian Gulf would be further diminished by a drone attack on a critical pipeline in Saudi Arabia.
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Trump Blames Ukraine for Global Diesel Shortage
The New York Times – Business:President Trump said Ukraine’s attacks on Russian oil refineries were “hurting the world,” amid a global energy shock driven primarily by the U.S.-Israeli war with Iran.
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Inflation Complicates Trump’s Midterms Pitch to Voters
The New York Times – Business:Gas prices are high, mortgage rates are climbing and inflation remains well above target, complicating the president’s midterm appeal.
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Gulf Tankers Are Running Out of Ways to Export Oil: ‘These Waters Aren’t Safe’
The New York Times – Business:Ship operators already faced severe risks in navigating the region, and now the danger is higher as Houthi militias assert control in the Red Sea.
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Diesel Jumps Above $6 a Gallon, Adding to Inflation Pressure
The New York Times – Business:The price of U.S. diesel fuel hit to a new high over mounting fears that fighting in the Middle East could further threaten oil supplies.
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Why Cheap Used Cars Are So Hard to Find
The New York Times – Business:A three-year-old car was the sweet spot for buying used cars, since they have passed the peak of depreciation. But they now average about $33,000.
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Oil Keeps Rising and Diesel Hits $6 a Gallon as Middle East Tensions Mount
The New York Times – Business:Prices for the fuel jumped to a new high over mounting fears that the fighting between the United States and Iran could expand into a full-scale war.
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Why Emerging Powers Keep Joining BRICS, Even When They Disagree
The New York Times – On the Runway:Leaders of emerging economies meet in New Delhi this weekend, but global conflicts and soaring energy prices threaten to undermine unity.
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The Iran War Is Pushing Global Coal Use to Record Highs
The New York Times – On the Runway:Five years after virtually every world leader agreed to “phase down” the burning of coal for climate reasons, the fuel is more widely used than ever.