Two more 25-bp rate hikes seen this year

July Marks Another Rate Increase For Liquids Pipelines

July Marks Another Rate Increase For Liquids Pipelines

Morgan Stanley Cuts Oil Price Forecast Again as Global Supply Surges

The global oil market is rapidly losing momentum. Morgan Stanley has cut its price forecasts for the second time in two weeks, pointing to a growing surplus of crude oil. The reopening of the Strait of Hormuz is progressing faster than analysts had expected. At the same time, U.S. oil production continues to reach record levels, while demand across Asia is weakening. The result is a market with more barrels than buyers. Morgan Stanley Lowers Brent Price Outlook The bank has revised its forecast for Brent crude. Physical Brent is now expected to average 75 per barrel during both the third and fourth quarters of 2026, representing reductions of 15 and 5 respectively from previous estimates. Looking further ahead, Morgan Stanley expects prices to decline to 70 per barrel by the end of 2027. We are seeing a classic case of overproduction. When supply floods storage facilities, prices inevitably capitulate. At the moment, the market has no meaningful drivers for growth-only downside risks, macroeconomist Artyom Loginov said in comments to Pravda.Ru.

Some in BOJ called for further rate hikes, June summary shows

Some in BOJ called for further rate hikes, June summary shows

Increase in Maritime Traffic Observed Near Hormuz Strait

Recent data indicates a rise in tanker movements through the Hormuz Strait, highlighting fluctuating maritime traffic patterns.

Obamacare premiums set for another double-digit increase in 2027

Health insurance premiums for those who are enrolled in Obamacare subsidized plans are expected to face another year of steep premium increases in 2027, according to a new analysis from the health policy group KFF. The new premium rates come from projected data submitted to 16 states and the District of Columbia from health insurance []

Canada’s inflation hits 29-month high amid heightened oil prices

Petrol prices lead the surge with a 33.2 percent price increase on an annual basis.

Obamacare premiums surged this year. A new analysis shows it's likely to happen again in 2027

A new analysis of early rate filings shows that Affordable Care Act insurers are proposing another year of double-digit premium increases.

Ukraine’s reserves fell for four months. Oil eased for one, and they grew back.

The buffer that drained all spring just grew again. A new spike in oil prices says not for long.

KazMunayGas, Chevron discuss oil export diversification via CPC and BTC routes

KazMunayGas, Chevron discuss oil export diversification via CPC and BTC routes

Pakistan hikes petroleum levy on petrol, diesel; keeps retail prices unchanged

Islamabad [Pakistan], June 28 (ANI): The Pakistan government on Saturday increased the petroleum levy on petrol and high-speed diesel (HSD) while leaving retail fuel prices unchanged for another week, despite a decline in international oil prices, The Express Tribune reported. According to The Express Tribune, citing figures released by Pakistan's Petroleum Division, the petroleum levy on high-speed diesel (HSD)

JUST IN: Oil tanker traffic through the Strait of Hormuz is reportedly increasing.

JUST IN: Oil tanker traffic through the Strait of Hormuz is reportedly increasing.@BRICSNews

Chris Wright says flow of tankers passing through Hormuz returning to ‘normal’

Energy Secretary Wright says flow of tankers passing through Strait of Hormuz returning to 'normal' ...Click to read more

Crude tanker orders hit record high

Crude tanker contracting has hit its highest level on record, with owners rushing to secure new VLCC and suezmax capacity as strong freight markets, ageing fleets and geopolitical disruption reshape the sector’s investment case. BIMCO said today crude tanker newbuilding contracting has already reached 60m dwt across 234 ships this year, making 2026 the strongest

BPL Consumers Irate Over High Summer Bills

BPL Consumers Irate Over High Summer Bills

Oil tanker rates in Gulf nearly double as export demand rises

Freight rates soar as tanker availability tightens and Middle East crude exports rise. The post Oil tanker rates in Gulf nearly double as export demand rises appeared first on BOL News.

Gulf Oil Exports in June Led by Record UAE Shipments

Gulf oil exports rose by over 3 million barrels per day (bpd) from May to over 10 million bpd in June, shipping data show. The UAE led, exporting 3.7-3.8 million bpd in June, more than 1 million bpd higher than May, according to Kpler, Vortexa, and LSEG. Export volumes remain 40 below pre-conflict levels. Combined [] The post Gulf Oil Exports in June Led by Record UAE Shipments first appeared on Egypt Oil Gas.

Water Level In Mumbai Lakes Reaches 29% Capacity As Rain Intensifies; Vihar, Tulsi Nearly

In the last 24 hours, there has been a 12 increase in the water stock in these seven reservoirs.

Higher Tokyo inflation, hawkish BoJ comments, up odds of October hike

ASIA/PACIFIC: Tokyo’s CPI inflation rose in June, suggesting that second-round effects from higher oil prices are increasing, while Bank of Japan officials are sounding more hawkish. With core prices likely to accelerate going forward, we have brought forward our BoJ rate-hike call to October from December

Oil prices rise amid uncertainty over US-Iran talks

Oil prices rise amid uncertainty over US-Iran talks Oil prices rose on Sunday as traders assessed the implications of ongoing US-Iran negotiations and the durability of the ceasefire between the two countries. According to Reuters, Brent crude futures climbed by 1.09, or 1.35 percent, to 81.66 a barrel by 22:06 GMT, after reaching an early session high of 82.30. The increase came amid continued uncertainty over future oil supplies and the outcome of diplomatic talks. Oil prices had fallen last week after several tankers successfully transited the Strait of Hormuz, easing concerns about disruptions to one of the world's most important energy shipping routes. However, market participants remain cautious as negotiations continue and questions persist over the long-term stability of the agreement.

Seattle electric rates expected to increase 19% over two years

Rate hikes, which would start in 2027, are related to a backlog of infrastructure projects and rising electrical demand.

Bad News for LNG Buyers as Qatar’s Export Revival Falters

While oil is flowing again through Hormuz, fewer gas tankers are making the still-risky crossing.

North America leads Stellantis vehicle shipments rise in Q2

Stellantis said preliminary second-quarter vehicle shipments rose 10% from a year earlier to nearly 1.6 million units, driven by strong growth in North America, its most important market. #News #Reuters #Newsfeed #stellantis Read the story here: https://reut.rs/4vvcsK2 👉 Subscribe: https://reut.rs/4b8fRGn Keep up with the latest news from around the world: https://www.reuters.com/ Follow Reuters on Facebook: https://www.facebook.com/Reuters Follow Reuters on X: https://twitter.com/Reuters Follow Reuters on Instagram: https://www.instagram.com/reuters/?hl=en

Strait of Hormuz transit gradually accelerates, easing high shipping costs

Surging freight rates, insurance costs, risk premiums hit global maritime transport market throughout the year, says sector representative

Obamacare premiums likely to surge again next year

Health insurance premiums are likely to grow more expensive next year for those who buy Marketplace plans, after increases this year. Affordable Care Act Marketplace insurers are proposing a median premium increase of 14 for 2027, which would be...

School board member Jennifer Custer: Blame county’s delayed property tax bills for CPS financial woes, not the state – Chicago Tribune*

Last year alone, the five-month delay of the 2025 second installment of taxes cost CPS about 30 million, or approximately 220,000 per day at the peak. ... The delays since 2020 have cost the district a total of over 80 million. And this cost will grow further because of another anticipated two-month delay for the 2026 second-installment property tax bills, which are being shifted from Aug. 1 to October.

Prediction: Oil Is Heading to $60 a Barrel by 2027, and These Stocks Are Worth Buying Now

The oil market is on track to shift from a shortfall to a glut in the next year.

Civilization 7 Review Update

A year and a half of updates have brought meaningful improvements alongside a few steps backward.

ObamaCare premiums poised for another big hike

The cost of ObamaCare coverage could shoot up even higher next year as insurers are proposing a median increase of 14 percent, according to an analysis of initial filings from KFF. If the preliminary filings hold, it would mark the second-straight year of double-digit premium increases, putting customers on the hook for thousands of dollars more in...

ऊर्जाको मूल्य घट्दा युरोजोनको मुद्रास्फीति २.८ प्रतिशतमा

ब्रसेल्स । ऊर्जाको मूल्यवृद्धि सुस्त भएसँगै जुन महिनामा युरोजोनको मुद्रास्फीति घटेर दुई दशमलव आठ प्रतिशत पुगेको छ। यसले युरोपेली केन्द्रीय बैङ्क (ईसीबी)ले आगामी बैठकमा ब्याजदर यथावत् राख्ने सम्भावना बलियो बनाएको छ। युरोस्ट्याटका अनुसार २१ सदस्यीय युरोजोनमा उपभोक्ता मूल्य सूचकाङ्क अघिल्लो वर्षको सोही अवधिको तुलनामा जुनमा दुई दशमलव आठ प्रतिशतले बढेको छ। मे महिनामा यो दर []

Stock to buy today: Pine Labs (₹160)

While it is too early to call the recent rise as a bullish trend reversal, the breakout of a resistance at 155 is a positive sign

[Photo] 🇷🇺⚡️ — Russia increased its crude oil exports in June to a record level, according to [...]

— Russia increased its crude oil exports in June to a record level, according to Bloomberg.The agency reports that Russia increased its maritime crude oil supplies to a record 4.13 million b/d (a four-week period until June 28). The volume of oil at sea has risen to 133 million barrels (+34 compared to mid-April), and there are traffic jams at Mersa el-Kabir (Egypt) and in the Riau area (Singapore).At the same time, the gross value of exports has fallen to its lowest level since March, when prices began to rise. Urals in the Baltic and Black Seas is around 63 per barrel, and ESPO is 74. Prices in the Baltic are now half of what they were in early May.The agency notes that Ukraine's attacks on refineries (Ufa, Yaroslavl, Slavyansk-on-Kuban, Moscow) have prompted the redirection of raw materials for export. Supplies to Asia reached 3.98 million b/d; to China - 1.08 million b/d, to India - 0.74 million b/d, and another 2.13 million b/d with no final destination.Against the backdrop of sluggish demand from China, Moscow will likely have to offer large discounts, according to Bloomberg.@Intelslava

Chainlink: Can $1.6M in whale buying push LINK above $8.33?

Chainlink whale accumulation increased as futures traders stayed bearish, creating a key market divergence.

Stellantis to grow multi-brand dealerships

Stellantis detailed its ambition to increase revenues in the region by 40 while maintaining a double-digit operating margin. This will be driven by a major shift in vehicle sourcing, with a target to reach 90 of sales through 22 brands.

Why your Meralco bill will be higher in July – and might rise again soon

July’s increase is not from Meralco raising its own distribution rate, but that could be next, with the ERC expected to decide by August or September whether to allow a higher charge

ADNOC L&S Raises 2026 Outlook on Strong Shipping, Offshore Performance

Photo Credit : WAM ADNOC Logistics Services has upgraded its full-year 2026 financial guidance, citing stronger-than-expected performance in the second quarter and continued momentum across key business segments. The Abu Dhabi-based energy logistics giant said the revised outlook reflects robust year-to-date results, particularly within its Shipping segment, where market conditions have remained strong. The [] The post ADNOC LS Raises 2026 Outlook on Strong Shipping, Offshore Performance appeared first on Middle East News 247.

BTC pipeline oil shipments through Türkiye drop 9% in January-May

Oil shipments through the Baku-Tbilisi-Ceyhan (BTC) pipeline via Türkiye totaled 80.536 million barrels in January-May this year, AzerNEWS reports, citing data released by Türkiye's state pipeline operator BOTAŞ.

Rizab antarabangsa BNM naik kepada AS$132.6 bilion pada 30 Jun 2026

PETALING JAYA: Bank Negara Malaysia (BNM) mencatatkan peningkatan rizab antarabangsa kepada AS132.6 bilion pada 30 Jun 2026, berbanding AS130.5 bilion pada 15 Jun lalu. Bank pusat berkata, paras rizab ini telah mengambil kira perubahan suku tahunan bagi penilaian semula pertukaran asing dan memadai untuk membiayai 4.7 bulan import barangan dan perkhidmatan dan 0.9 kali jumlah ... Read more The post Rizab antarabangsa BNM naik kepada AS132.6 bilion pada 30 Jun 2026 appeared first on Utusan Malaysia.