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Saturday
16
May 2026
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Oil prices sink 4% on “demand destruction” worries, weak China exports

The slide came amid data out of China which showed exports fell 6.4% year over year in October, while imports rose 3%. China is the world's largest oil consumer

Natural gas: Up to 4.2% rise in prices ahead of winter

Bloomberg notes Europe is well prepared for its second winter without Russian gas

The World’s Most Expensive Cities (infographic)

New York and Singapore are at the top

Global Wages Down As Inflation Eats Into Paychecks (infographic)

According to a new report published by the International Labour Organization (ILO) has found

EU gas price cap proposal deemed “unworkable” & “a joke” even by advocates

National governments on the offensive

Average price for overnight Athens hotel stay up in October

Online hotel prices are both up and down for popular international destinations this month

Energy Crisis – Nord Stream sabotage causes major leak – Seismologists recorded explosions (video)

20% increase in gas prices after the sabotage - Terror in Europe for the upcoming winter

Most Important Factors When Buying a Car (infographic)

At the top of the checklist are fuel efficiency and safety

Europe facing “Energy Armageddon” – € 900/MWh in France, € 310.5 for natural gas in Europe

"Electric shock" for the British: 80% increase in electricity bills in October 

Energy Prices Keep Climbing in the EU (infographic)

According to Eurostat, the inflation rate for energy is the highest it's been since the Harmonised Index of Consumer Prices (HICP) was first published back in 1997

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