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News & Articles By Sterling Ashworth
09/13/2026
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By Sterling Ashworth
U.S. Average Diesel Prices Cross $6 a Gallon for First Time, GasBuddy Says
The U.S. national average price of diesel surpassed $6 a gallon for the first time on Thursday, Sept. 10, 2026, according to price tracker GasBuddy, as the U.S.-Israeli war on Iran and Ukrainian attacks on Russia’s refineries squeezed supply [1]. AAA data confirmed the milestone the following day, with the national average hitting $6.06 a […]
09/12/2026
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By Sterling Ashworth
Iran Continues Using Bitcoin to Bypass Sanctions, Central Bank Looks the Other Way, Report Says
Iran is continuing to use bitcoin and other cryptocurrencies to settle cross-border transactions in an effort to bypass international sanctions, according to a Financial Times report. The report, citing conversations with businesses, regime insiders, and analysts, said the country’s central bank has quietly encouraged traders to use crypto channels after advising citizens to take any […]
09/12/2026
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By Sterling Ashworth
Treasury Announces $6B Government Debt Buyback – Thrice The Normal Level
The Department of the Treasury (USDT) said Wednesday, Sept. 9, that it would buy back up to $6 billion of long-dated government debt – triple its normal operation size – in an effort to support the market for U.S. government bonds. The announcement came as stocks fell, long-term Treasury yields rose and Brent crude oil futures […]
09/09/2026
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By Sterling Ashworth
Chinese Oil Demand Surge Drives Shanghai Crude Above $100, Brent Approaches Key Level
Shanghai crude futures rose above $100 per barrel for the first time since the Iran war as Chinese buyers ramped up imports, according to a September 7 report from Zero Hedge [1]. Brent crude climbed above $97, marking the highest level in over a month, with analysts attributing the move to renewed Chinese purchasing amid […]
09/09/2026
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By Sterling Ashworth
Copper Hits Record High on Tariff Speculation, Tightening Supplies
Copper three-month futures on the London Metal Exchange (LME) reached an all-time high on Monday, Sept. 1 – rising as much as 0.8% to $14,533 a ton, according to market data. Trading occurred on a day when U.S. markets were closed for the Labor Day holiday, with copper closing 0.7% higher at $14,513 a ton […]
09/08/2026
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By Sterling Ashworth
World Gold Council: Central Banks Add 23 Metric Tons of Gold in July, Led by China’s Purchases
Central banks worldwide purchased a net 23 metric tons (MTs) of gold in July, according to a Sept. 3 World Gold Council (WGC) report. The largest buyer last month was China, which purchased 20 MTs, the report stated. [1] The People’s Bank of China (PBOC) activity “picked up pace in recent months, with double-digit monthly […]
09/08/2026
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By Sterling Ashworth
Saudi Oil Exports Hit Nine-Year Low, Report Says
Saudi Arabia’s crude oil exports fell to their lowest level in nine years, according to a report highlighted by The Cradle and referenced by ZeroHedge. The reduction places new pressure on global energy markets already strained by conflict and supply disruptions. According to the report, the kingdom’s exports averaged approximately 5.6 million barrels per day […]
09/07/2026
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By Sterling Ashworth
Chinese Rare-Earth Suppliers Halt U.S. Shipments, Sources Say
A handful of Chinese rare-earth suppliers have refused to ship material to U.S. companies since early August, according to a Reuters report cited by ZeroHedge on Friday, Sept. 4. The refusals stem from fears of retaliation from Beijing, a source with direct knowledge of the situation told Reuters. The report indicates this is part of […]
09/07/2026
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By Sterling Ashworth
U.S. Diesel Pump Prices Reach Record High as Refined-Products Supply Tightens
Retail diesel prices in the United States reached a record $5.85 per gallon on Friday, Sept. 4 – surpassing the previous all-time high from June 2022, according to new data from the American Automobile Association (AAA) [2]. The national average price rose from $5.78 the previous day and $5.61 a week earlier, according to the […]
09/06/2026
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By Sterling Ashworth
U.S. July Copper Imports Reach Record Monthly High, Data Shows
The United States imported a record 225,094 metric tons of refined copper and copper alloys in July, the highest monthly total in records dating back to 1990, according to official data released on Sept. 3. The figure, reported by the U.S. Department of Commerce (DOC), represents a 78% increase from the previous month and an 8% […]
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