GM and Ventec Life Systems , in cooperation with StopTheSpread.org , the US’ coordinated private sector response to COVID-19, are collaborating to enable Ventec to increase production of its multi-function Continue Reading
Initial tests of in-road charging for electric trucks on a stretch of Swedish road have been successful, according to project managers. The scope of testing will now increase, encompassing more Continue Reading
Refining operations in Europe and elsewhere in the world are being curtailed as gasoline and jet fuel demand is falling off a cliff due to the enormous demand destruction in Continue Reading
Russia will not be the one to first demand a stop to the oil price war with Saudi Arabia because Russian President Vladimir Putin is unlikely to yield to what Continue Reading
Oil prices rose by more than $2 on Friday, building on gains in the previous session after U.S. President Donald Trump hinted he may intervene in the price war between Continue Reading
Crude oil futures were mixed in mid-morning trade in Asia Friday after prices surged overnight on US President Donald Trump announcing he would support the US oil industry, while broader Continue Reading
Oil surged the most ever in New York as the U.S. president said he could get involved in the standoff between Saudi Arabia and Russia that has rocked crude markets. U.S. Continue Reading
U.S. crude oil prices spiked by 25% on Thursday, the largest single-day gain on record, recouping some losses from three days of selling that drove the benchmark to near 20-year Continue Reading
One might reasonably posit that when Crown Prince Mohammed bin Salman (MbS) signalled that Saudi Arabia was once again going to produce oil to the maximum to crash oil prices Continue Reading
How bad is too bad for oil markets? As prices barrel toward the lowest levels since the start of the century, negative prices have re-entered the realm of possibility. U.S. oil Continue Reading
