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EIA: U.S. refinery utilization for the week to July 24 97.2% (consensus 95.9%, prior 96.1%).

2026-07-29

EIA: U.S. refinery utilization for the week to July 24 97.2% (consensus 95.9%, prior 96.1%).

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2026-07-29

An advisory panel to Japan’s Ministry of Health, Labor and Welfare recommended on Tuesday raising the national average minimum hourly wage by 4.9% to ¥1,176 (about $7.18) for the current fiscal year. The ¥55-an-hour increase is the second-largest on

An advisory panel to Japan’s Ministry of Health, Labor and Welfare recommended on Tuesday raising the national average minimum hourly wage by 4.9% to ¥1,176 (about $7.18) for the current fiscal year. The ¥55-an-hour increase is the second-largest on record, though below last year’s 6.3% rise, would cover more than 50 million workers and is expected to be phased in from October after prefectures set specific rates. The wage gain supports the Bank of Japan’s effort to create a wage-driven demand–inflation virtuous cycle, strengthening the case for further tightening as a weaker yen raises import energy and food costs and squeezes household spending.
2026-07-30

U.S. Energy Secretary Wright said the U.S. military is escorting oil and gas shipments through the strait.

U.S. Energy Secretary Wright said the U.S. military is escorting oil and gas shipments through the strait.
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