inflation, Consumer prices
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Oil prices eased on Wednesday after government data showed U.S. crude oil stockpiles rose unexpectedly last week, prompting investor concerns of excess supplies. Brent crude futures settled 54 cents,
President Donald Trump wants more oil drilling, but one Texas producer expects low prices to send output downward.
US stocks end mixed after overall April inflation eased but a narrower measure remained unchanged. Nvidia shares rose to regain its $3T market cap.
Top U.S. oilfield service firms have signaled a challenging period ahead as a recent slide in oil prices pushes producers to temper their drilling activity and rethink their budgets.
US crude oil supply growth is projected to slow and peak as early as this year, with lower oil prices impacting shale production profitability.
With warmer weather starting to boosting air conditioning use, LSEG forecast average gas demand in the Lower 48, including exports, will rise from 97.0 bcfd this week to 98.2 bcfd next week. The forecast for this week was higher than LSEG’s outlook on Friday.
As egg prices rise, the Usual Progressive Suspects claim it is due to monopoly power by egg producers, calling for government intervention. However, the real
Wafer input at TSMC's semiconductor plants in the US are increasing, with NVIDIA GPU prices set to 'rise across the board' according to reports.