The civil service in Northern Ireland is seeking volunteers to oversee fuel distribution in the event of an emergency. The move is not in response to Brexit but comes weeks Continue Reading
Heavy snowfalls brought chaos to parts of Germany and Sweden on Friday, leaving roads blocked, trains halted and schools shut. The Red Cross helped drivers stuck on a motorway in the Continue Reading
Russia has already lowered its oil output by around 30,000 b/d compared with October volumes, used as a baseline under the latest OPEC/non-OPEC crude production agreement, and still plans to Continue Reading
2019 has started more calmly after a very volatile year-end in the markets. Focus has been on the trade deal between China and the US and the words of the Continue Reading
Crude oil futures were lower during mid-morning trade in Asia Friday amid ongoing global growth concerns as market participants waited for fresh cues to provide prices some direction. At 11:10 Continue Reading
“The oil market looks to be broadly balanced in 2019, an improvement on 2018 which turned out oversupplied,” Morgan Stanley analysts Martijn Rats and Amy Sergeant wrote in a note. Continue Reading
Oil prices rose 1 percent on Friday, on track for solid weekly gains after financial markets strengthened due to hopes the United States and China may soon resolve their trade Continue Reading
Oil prices were slightly lower on Thursday in see-saw trade, easing the day after a strong rally as investors were no longer encouraged by U.S.-China trade talks and as weak Continue Reading
$300 billion in electric vehicles, with more than 45 percent of that earmarked for China. Global automakers are planning an unprecedented level of spending to develop and procure batteries and Continue Reading
With the millions of tons in new liquefied natural gas capacity coming on stream these days, many have begun worrying about an oversupply that would pressure prices to uncomfortably low Continue Reading
