July 19

Daily Energy Standup Episode #168 – Boom and Gloom: Bank Earnings Soar as Inflation Spikes, while Global Oil Demand Hits Record High in 2023!

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Bank Earnings And Inflation Start Earnings Season With A Bang

Earnings season began last week, with 12 S&P 500 companies reporting. Banks and financial companies were a big part of the mix. Better news on consumer inflation (CPI) boosted stocks while lowering yields and expectations for […]

Global Oil Demand to Reach Record High in 2023: IEA

Global oil demand will increase by 2.2 million barrels per day (MMbpd) to reach a record high of 102.1 MMbpd in 2023, the International Energy Agency (IEA) said in its latest oil market report (OMR). […]

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The post Daily Energy Standup Episode #168 – Boom and Gloom: Bank Earnings Soar as Inflation Spikes, while Global Oil Demand Hits Record High in 2023! appeared first on Energy News Beat.

  


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