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Home > Latest

Lates News

date
11/03/2026
EIA Short-Term Energy Outlook Report: Due to the impact of conflicts in the Middle East, it is expected that the price of Brent crude oil will remain above $95 per barrel in the next two months; by the third quarter of 2026, it will drop to below $80 per barrel and reach around $70 per barrel by the end of the year.
Latest
8 m ago
Chairman of the U.S. Securities and Exchange Commission, Atkins: Hope to strictly comply with the relevant deadlines for clearing U.S. Treasury bonds.
10 m ago
The U.S. Energy Information Administration (EIA) stated in its monthly report on Tuesday that due to the Iran war causing supply disruptions, Brent crude prices will remain above $95 per barrel for the next two months and will fall to around $70 by the end of the year. The EIA pointed out in its Short-Term Energy Outlook that the Strait of Hormuz, a key chokepoint for one-fifth of global oil transportation, has been largely blocked, leading to further declines in oil production in the Middle East in the coming weeks. The EIA raised its forecast for Brent crude prices in 2026 by 37% to $79 per barrel and expects Brent oil prices to fall below $80 per barrel in the third quarter of this year. The agency also forecast that U.S. retail gasoline prices will reach $3.34 per gallon, an increase of 14.7% from previous estimates; diesel prices are forecasted to rise to $4.12 per gallon, an increase of about 20.1%. The EIA pointed out that the increase in oil prices will stimulate U.S. crude production, with daily production expected to reach 13.61 million barrels this year and climb to 13.83 million barrels in 2027. Previously, the EIA forecasted production of 13.6 million barrels per day in 2026 and 13.32 million barrels per day in 2027.
11 m ago
Kelly Blue Book: Sales incentive measures increased compared to the previous month, but remained basically unchanged from the same period last year.
12 m ago
Kelly Blue Book: The average transaction price for new cars in February was $49,353, an increase of 3.4% from the same period last year.
12 m ago
Kelly Blue Book: The prices of new cars have slightly increased compared to January, but have significantly jumped year-on-year.
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