US unemployment rate not as awful as expected with surprising job increase

The US labor market has made an unexpected rebound in contrast to earlier gloomy forecasts, with…

Oil prices rally on hopes that major global producers led by Russia & Saudi Arabia will extend supply cuts

Brent crude broke the $41 per barrel threshold for the first time since early March, while…

‘Amazon wouldn’t be nearly as large’ if US was a real economy – Peter Schiff responds to Elon Musk’s call to break up monopolies

Veteran stockbroker Peter Schiff has shared his view on Elon Musk’s call to break up monopolies,…

Oil prices slide amid OPEC+ production cuts meeting uncertainty

Major global oil producers could still hold a ministerial video conference this week if Iraq and…

With US economy dead since 2008, only thing left for Fed is to print trillions of dollars in debt – Keiser Report

The US Federal Reserve’s balance sheet could skyrocket to more than $9 trillion by the end…

Russia ramps up natural gas delivery to China via Power of Siberia mega pipeline

The customs service for Heihe in northeast China’s Heilongjiang Province has said some 1.58 billion cubic…

OPEC’s second largest producer won’t give up on output cuts

OPEC’s second-largest producer and the biggest laggard in the output cuts, Iraq, will further reduce production…

‘Welcome signpost for global economy’: China could lead oil demand recovery to pre-pandemic levels

The world’s second-largest oil consumer, China, could accelerate global oil demand in the second half of…

US Transportation Dept set to BLOCK Chinese passenger flights in tit-for-tat dispute

The US Department of Transportation has confirmed it will suspend Chinese passenger carriers’ flights into the…

Russia reduces oil production in May close to OPEC+ target

Oil and gas condensate production in Russia declined by 15 percent year-on-year in May to 39.7…