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Federal Reserve Chairman Jerome Powell: The upward revision of inflation forecasts is partly due to the oil shock, but it also reflects that inflation is not progressing as expected.

2026-03-19

Federal Reserve Chairman Jerome Powell: The upward revision of inflation forecasts is partly due to the oil shock, but it also reflects that inflation is not progressing as expected.

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2026-03-18

PetroChina Co., China’s largest natural gas supplier, will largely keep its contract prices unchanged this year to protect industrial consumers from soaring global energy costs linked to the Middle East conflict. The company will maintain last year’s

PetroChina Co., China’s largest natural gas supplier, will largely keep its contract prices unchanged this year to protect industrial consumers from soaring global energy costs linked to the Middle East conflict. The company will maintain last year’s maximum price, a strategy also aimed at supporting the long-term development of the domestic gas sector, according to consultancy OilChem. PetroChina did not immediately respond to requests for comment.
2026-03-18

The EIA crude oil production-induced demand data for the week ending March 13 in the United States was 19.983 million barrels per day, compared with 19.554 million barrels per day in the previous week.

The EIA crude oil production-induced demand data for the week ending March 13 in the United States was 19.983 million barrels per day, compared with 19.554 million barrels per day in the previous week.
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