Markets

US Crude Stocks Rise 2.6 Million Barrels as SPR Draws Continue

API estimates show US crude inventories rose for the week ending July 17, while the Strategic Petroleum Reserve fell to 316.5 million barrels.

Jul 21, 2026 • 5 min read

Economy

AI Power Demand Fuels Record Energy IPO Fundraising in 2026

Energy startups raised $12.6 billion in IPOs in 2026’s first half, as investors bet on power demand from AI data centres.

Jul 21, 2026 • 5 min read

Markets

Norway Oil Production Tops Forecasts as Hormuz Tanker Traffic Remains Weak

Norwegian crude output rose to 1.827 million barrels per day in June, adding supply as Gulf shipping flows remain disrupted.

Jul 21, 2026 • 5 min read

Investing

Indian Refiners Halt Iraqi Oil Loadings as Hormuz Shipping Risks Rise

Indian Oil and MRPL pause Iraqi crude liftings as tanker attacks raise shipping costs and risk, adding pressure to a supply route already under strain...

Jul 21, 2026 • 5 min read

Investing

China’s Iranian Oil Purchases Fall 40%, U.S. Says, as Stockpiles Cushion Market

U.S. Treasury Secretary Scott Bessent says Chinese purchases of Iranian crude fell about 40%. Inventory drawdowns may make China’s retreat temporary.

Jul 21, 2026 • 5 min read

Banking

Chinese Migration and Investment Stir Public Concern in Kyrgyzstan

Chinese workers, firms and lending support major projects in Kyrgyzstan, while questions over jobs, land and equal enforcement fuel public unease.

Jul 21, 2026 • 5 min read

Markets

PNNL Seawater Reactor Could Expand U.S. Magnesium Supply

A Pacific Northwest National Laboratory reactor could produce magnesium hydroxide from seawater at scale, with possible applications for other mineral...

Jul 18, 2026 • 5 min read

Economy

Michigan Consumer Sentiment Rebounded Before Gas Prices Rose Again

Michigan’s July survey showed a continued sentiment rebound, but responses predated higher gas prices; the final reading may be weaker, with inflation...

Jul 17, 2026 • 5 min read

Economy

China’s Q2 Growth Slows to 4.3% as Domestic Demand Weakens

China’s Q2 GDP missed forecasts despite strong exports, as weaker investment and retail activity weighed on growth.

Jul 17, 2026 • 5 min read

Banking

India’s Proposed CAFE-III Rules Set Tighter Fuel-Efficiency Targets for Automakers

India’s proposed CAFE-III standards would tighten fuel and emissions targets from 2027, with compliance credits and incentives for alternative-fuel ve...

Jul 17, 2026 • 5 min read

Markets

ConocoPhillips Takes 42% Stake in BP’s $25 Billion Kirkuk Oilfield Project

ConocoPhillips is returning to Iraq through a BP-led redevelopment targeting higher output from Kirkuk’s aging fields and more than 3 billion barrels...

Jul 17, 2026 • 5 min read

Economy

Producer Prices Outpace Core Consumer Inflation, Raising Margin Pressure

Core PPI has recently risen faster than core CPI excluding shelter, a potential squeeze on margins that import prices and labor costs complicate.

Jul 15, 2026 • 5 min read

Banking

Simpson Thacher Adds Three Partners to Insurance Practice

Three New York partners join Simpson Thacher as private equity and insurance ties continue to reshape the market.

Jul 14, 2026 • 5 min read

Investing

Court Dismisses $25 Million DHS Disability Suit Over Paid Medical Leave

A federal court found DHS’s paid leave reasonable after a special agent’s spinal surgery and dismissed his disability and retaliation claims.

Jul 14, 2026 • 5 min read

Investing

Munich Re Specialty Launches $40 Million Miner Rescue Coverage

Munich Re Specialty’s Lloyd’s consortium offers up to $40 million per rescue, covering specialist resources and real-time monitoring.

Jul 14, 2026 • 5 min read

Investing

Texas Appeals Court Upholds Dismissal After E-Filing Correction Deadline Was Missed

A nursing assistant’s corrected petition came after the seven-day clerk deadline, leaving her lawsuit filed beyond Texas’ two-year limitations period.

Jul 14, 2026 • 5 min read

Banking

FedEx Worker’s Claim for Additional Medical and Disability Benefits Denied

A Tennessee appeals board upheld the denial after the worker offered no expert medical evidence linking ongoing symptoms to the workplace injury.

Jul 10, 2026 • 5 min read

Banking

University of Chicago Law School Limits Devices as Courts Confront AI Errors

UChicago will test device restrictions in first-year classes as Louisiana courts report more than a dozen cases of fabricated AI-assisted legal materi...

Jul 10, 2026 • 5 min read

Investing

Zurich’s $10.8 Billion Beazley Deal Wins European Commission Approval

The European Commission cleared Zurich’s £8.1 billion all-cash Beazley acquisition, citing the companies’ limited market positions.

Jul 10, 2026 • 5 min read

Investing

Intact Financial Q2 Catastrophe and Large Loss Claims Reach $416 Million

Intact reported $416 million in Q2 catastrophe and large loss claims, far above its $169 million projection, with weather and fires driving losses.

Jul 10, 2026 • 5 min read