Markets & Industries
Volume of hydrocarbons on tankers in the Persian Gulf grows to 24.2 million tons - 03/11/2026
The amount of hydrocarbons on tankers in the Persian Gulf rose by 1.5 million tons in the last 24 hours, totaling 24.2 million tons. Out of this total, 18.7 million tons were oil, 3.3 million tons were light petroleum products, 1.2 million tons were heavy petroleum products, and 1 million tons were LNG, as indicated by a monitoring report from Euler Analytical Technologies JSC using ship tracking...
ECB intends to prevent a new inflation shock in the Eurozone - 03/11/2026
ECB President Christine Lagarde stated that the European Central Bank (ECB) aims to stop military actions in the Middle East from causing an inflation shock in the eurozone like the one that occurred at the start of the Russia-Ukraine conflict. "We currently find ourselves in a different economic context, which is improved, and we possess enhanced resilience to manage shocks," Lagarde stated in...
Macron: G7 countries are leaning toward using strategic oil reserves - 03/10/2026
French President Emmanuel Macron mentioned that the G7 nations are slowly starting to back the idea of using oil from their strategic reserves, in response to the current circumstances in the Middle East. The G7 countries do indeed maintain strategic reserves. French media reported that Macron stated the measures are specifically meant for this purpose: to address situations during periods of...
Broadcom: AI chip sales to exceed $100 billion in 2027 - 03/06/2026
Hock Tan, CEO of the American high-tech company Broadcom, thinks his company might make more than $100 billion in revenue from selling AI chips by 2027. The executive made this statement following the release of the company's financial results for the first quarter of the fiscal year 2026, which concluded on February 1. In the last quarter, Broadcom's revenue from AI products more than...
Venezuela to sell up to a ton of gold to the US - 03/05/2026
According to Axios, citing sources, Venezuela's state-owned gold mining company, Minerven, has entered into a significant agreement to sell gold to the United States. One source states that as part of the agreement, Minerven is anticipated to deliver between 650 and 1,000 kilograms of Dore gold bars to the commodity trading company Trafigura. The sources mentioned that Trafigura will provide...
IDC forecasts global smartphone shipments to fall 13% in 2026 - 03/03/2026
International Data Corporation (IDC) forecasts that the worldwide shipment of smartphones will decrease by 12.9% in 2026, reaching a total of 1.1 billion units. If these expectations are met, sales volumes will reach their lowest level in over ten years. This is because of the worsening shortage of memory chips, as stated in the research company's report. Francisco Jeronimo, who...
Global debt reaches record $348.3 trillion in 2025 - 02/26/2026
In 2025, global debt, which includes the obligations of governments, households, financial institutions, and non-financial companies, rose by $29 trillion to reach a new high of $348.3 trillion, as reported by the Institute of International Finance. This was mainly because of a rise in sovereign debt, which reached over $10 trillion. The United States, China, and the eurozone together accounted...
Bloomberg: Chinese refineries replace India in the Russian oil market - 02/23/2026
According to Bloomberg, which is based on collected vessel tracking data, Chinese oil refineries are continuing to purchase Russian oil, while India has decided not to accept it. The agency reported that the amount of Russian oil sent to Chinese ports rose to 2.09 million barrels each day during the first 18 days of February. In January, approximately 1.72 million barrels of oil were...
Foreign investors increase purchases of US stocks by 134% in 2025 - 02/20/2026
According to Bloomberg, which is citing data from the US Treasury Department, the amount of money flowing into US stocks from non-US investors increased by 134% in 2025, reaching a total of $720.1 billion. By comparison, the figure for 2024 was $307.5 billion. Bloomberg points out that this situation greatly goes against the "sell America" idea, which suggests removing US assets from...
Automakers' losses due to EV policy changes exceed $65 billion in 2025 - 02/17/2026
The change in focus towards phasing out vehicles powered by internal combustion engines in favor of electric vehicles (EVs) has led to losses of at least $65 billion for global automakers in 2025, as reported by The Financial Times. The publication points out that these losses might rise considerably. The significant change in US policy, which has removed financial incentives for electric...
