IEA Revises 2026 Forecast: Global Oil Supply To Plunge Below Demand This Year

President Volodymyr Zelensky said Ukrainian forces deployed to the Middle helped to shoot down Iranian drones in multiple countries. “We sent our military experts to the Middle East, including specialists in interceptor drones and electronic warfare,” Zelensky posted to X on Friday. “In those countries that opened up their air defense systems to us, our […]

US New Home Sales Soar For 2nd Straight Month As Prices Plunged In March After collapsing in January (-17.6% MoM - worst since July 2013 amid weather disruptions), US New Home Sales have risen strongly for two straight months - up 8.9% MoM in February and up 7.4% MoM in March... Source: Bloomberg This lifted new home sales by 3.3% YoY, but the total SAAR remains below Dec 2025 levels... Source: Bloomberg New home sales have really gone nowhere in three years. Median new home prices plunged in March from $407k to $387.4k - its...