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Lates News

date
19/04/2026
U.S. Energy Secretary Wright: It is uncertain whether gasoline prices will fall below $3 per gallon before next year. The significance of oil prices falling below $3 per gallon after adjusting for the Consumer Price Index is very important.
Latest
7 m ago
According to CNN, U.S. Energy Secretary Wright said in an interview on Sunday that Americans may have to wait until next year to escape the situation of gasoline prices exceeding $3 per gallon. Wright said that although the ongoing war in Iran has caused gasoline prices to soar, he is not sure when prices will fall again below $3. "It could be later this year or it could be next year," Wright said. "But prices have likely peaked and are likely to start dropping, especially once the conflict is resolved." He also said that ending the 47-year-old conflict and preventing Iran from obtaining nuclear weapons will of course bring short-term chaos, but he believes that the United States is handling it extremely well. The U.S. is currently experiencing the largest energy disruption in history, and gasoline prices peaked a week ago, lower by about $1 compared to the peak during the Biden administration.
7 m ago
Guo Shudong appointed as General Manager of China Railway Academy Group Co., Ltd.
22 m ago
$760 million worth of crude oil was sold before the opening of Khormuz. Another suspected insider trading occurred before the opening of Khormuz.
25 m ago
Intercontinental Xuchuang: Stable supply of core raw materials.
25 m ago
According to the AI Express of Every Economic News, Open Source Securities released a research report on April 19, giving Subote (603916.SH) a "buy" rating. The main reasons for the rating include: 1) Q4 company's sales of water reducing agents increased compared to the previous quarter, and revenue from functional materials sector continued to grow; 2) Q4 company's sales of water reducing agents increased compared to the previous quarter, and revenue from the functional materials sector continued to grow; 3) The company continues to develop in the field of infrastructure construction, and the growth rate of functional products is significant.
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