China’s first-quarter total services trade fell 10.8% from a year earlier to 1.15 trillion yuan ($162.82 billion), according to the Ministry of Commerce. Services exports in the Jan.-to-March period declined 4.1% Continue Reading
The Federal Reserve made some changes to its Main Street Lending Program according to a Thursday press release by the central bank that will now extend a much-needed lifeline to Continue Reading
Exxon Mobil Corp. posted its first quarterly loss in three decades as it and rival Chevron Corp. painted a dismal picture of the oil industry, signaling that the impact of Continue Reading
Baker Hughes reported on Friday that the number of oil and gas rigs in the US fell again this week by 57, falling to 408, with the total oil and Continue Reading
Chevron has so far curtailed a relatively small amount of its oil and gas production due to low crude prices and dwindling demand from the global coronavirus pandemic, but bigger Continue Reading
American shale explorers are rapidly crimping production in the country’s most prolific oil fields as the worst price crash in history threatens the industry’s survival. Three of the biggest oil Continue Reading
American beef output is down a lot more than plant closures would have you believe — a sign that slowdowns at facilities will continue to keep meat supplies tight even Continue Reading
Oil-output cuts across the U.S. have stemmed the freefall in prices. But whether the recent recovery is sustained will depend partly on whether producers make good on their commitments. Exxon Mobil Continue Reading
Ghulam Mustafa was back at his jewelry stand at a shopping mall for the first time in weeks. Many of the stores around him remained closed, and few shoppers walked Continue Reading
A new report from the Road Ecology Center at the University of California, Davis has found that total US vehicle miles traveled (VMT) at the county and state level have Continue Reading
