The Trump administration Tuesday issued final fuel economy targets for 2021-26 model-year light-duty vehicles, rolling back the existing targets to an annual efficiency increase of 1.5% from 5%. Receive daily Continue Reading
President Donald Trump attacked automakers for the second time in a matter of days, chiding their “foolish executives” as his administration completed the final step of a three-year quest to Continue Reading
Water temperatures in the Gulf of Mexico are running more than three degrees above average, increasing the prospects for severe thunderstorms and tornadoes this spring and potentially stronger hurricane activity Continue Reading
The oil-bears continue their romp across the energy markets with various grades of crude reaching lows not seen in almost twenty years. There will come a point where I can Continue Reading
As the oil war and coronavirus demand destruction rage on, WTI crude prices briefly dipped below $20 per barrel, but many prices aren’t even fetching $20 per barrel as they Continue Reading
Wall Street’s major indexes fell on Tuesday and the S&P 500 was headed for a record first-quarter decline on growing evidence of large-scale economic damage from the coronavirus pandemic. In Continue Reading
Strict lockdowns in Moscow have been followed up by regions across the country The Russian parliament has approved an “anti-virus” package of laws including up to seven years in prison Continue Reading
MOSCOW (Reuters) – Authorities in Moscow unveiled a smartphone app designed to keep tabs on people who have been ordered to stay at home because of the coronavirus and Russia Continue Reading
Isolation measures imposed to staunch the spread of the coronavirus thrust central European manufacturing, the region’s main growth engine, into the deepest declines at least since the global economic crisis. As Continue Reading
Russia doesn’t plan to increase crude production given the huge oversupply in the global market, according to a government official, a potentially dovish signal in the price war with Saudi Continue Reading
