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WTI crude oil futures climbed above $90/bbl, up 4.07% intraday.

2026-07-23

WTI crude oil futures climbed above $90/bbl, up 4.07% intraday.

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2026-07-23

Japan Meteorological Agency said a magnitude-4.7 earthquake struck offshore Amami Oshima, Kagoshima Prefecture, at about 18:22 local time on July 23.

Japan Meteorological Agency said a magnitude-4.7 earthquake struck offshore Amami Oshima, Kagoshima Prefecture, at about 18:22 local time on July 23.
2026-07-22

HSBC economist Chris Hall says UK inflation data show almost no evidence of indirect energy pass-through, suggesting the Bank of England may keep rates on hold next week and beyond. Headline inflation fell to 2.6% in June from 2.8% in May, driven by

HSBC economist Chris Hall says UK inflation data show almost no evidence of indirect energy pass-through, suggesting the Bank of England may keep rates on hold next week and beyond. Headline inflation fell to 2.6% in June from 2.8% in May, driven by motor fuel (especially diesel); core inflation remained at 2.6%, above consensus. Hall says the first sign of pass-through would appear in food inflation, which has eased, and there is so far no evidence of higher wages or broader price-setting, though recent oil and gas price rises add upside risk to the BoE's outlook inflation.
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