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Global Energy Demand Set To Jump 60% By 2060 As Developing Nations Power Up
Global Energy Demand Set To Jump 60% By 2060 As Developing Nations Power Up
By Haley Zarmba of OilPrice.com
Emerging economies are going to see an explosion of energy demand over the coming decades. Countries like Brazil, India, Nigeria, and Indonesia are racing to expand their energy production and imports in order to keep up with rapid economic development. While the leaders of these and other emerging economies are making a concerted effort to expand their renewable energy capacity, meeting demand will require an all-of-the-above approach to energy that will extend...
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Mar 4, 2026 / Tyler Durden
Crude Stocks Rise 3.5 Million, Highest Since May 2025
Crude Stocks Rise 3.5 Million, Highest Since May 2025
With oil flows passing through the Straits of Hormuz blocked indefinitely, markets were paying especially close attention to today's weekly DOE report on oil stocks, to see how much capacity the US has in case of a prolonged lockout. The result was satisfactory.
The DOE reported the following weekly changes:
Crude +3.475MM, more than the expected +3.00MM, and the highest since May 2025
Gasoline -1.704MM, down to the lowest since Jan 9, 2026
Distillates +429K, biggest increase since Jan 2026
Cushing +1.6MM, rising to the highest...
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Sep 25, 2026 / Tyler Durden
"Moving The Goalposts": BofA Downgrades Nike, Slashes Target As Turnaround Story Delayed
"Moving The Goalposts": BofA Downgrades Nike, Slashes Target As Turnaround Story Delayed
Nike shares fell 2% in New York premarket trading after BofA retail analyst Lorraine Hutchinson downgraded the world's largest athletic footwear and apparel company, warning that its "turnaround is taking longer" than expected. With shares trading at 2014 levels, the downgrade adds new woes to a recovery story that might not materialize until 2028.
In the report published earlier today, titled "Moving the goalposts," Hutchinson downgraded Nike to "Underperform" from "Neutral" and cut her price target to $30...
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Jul 3, 2026 / Ryan McMaken
Birthright Citizenship and the Supreme Court
Automatic citizenship for the children of foreign nationals on US soil will only further politicize immigration and increase calls for more limits on migrants in the US.
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