US Hampton Roads coal exports fall 26.8% on month in August
Coal exports out of the terminals in the Hampton Roads region in Virginia were at 1.68 million st in August, down 26.8% from July and also 42.8% lower than the Continue Reading
Monthly changes in key transportation indexes
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Houston study: More contagious coronavirus strain now dominates
The first study to analyze the structure of the novel coronavirus from two waves of infection in a major city found that a more contagious strain dominates recent samples, researchers Continue Reading
Inmotive introduces efficient two-speed transmission for EVs
Inmotive, a Canadian-based automotive supplier, has launched its patented Ingear two-speed transmission. Invented and designed for the next generation of electric vehicles, the Ingear features a simple and durable design Continue Reading
Shell to cut up to 40% from oil and gas production to prepare for energy transition
Royal Dutch Shell is looking to slash up to 40 per cent off the cost of producing oil and gas in a major drive to save cash so it can Continue Reading
Europe, Shunning New Lockdowns, Fights Resurgent Coronavirus With Local Restrictions
The Feito Río bar in Madrid was still recovering from this spring’s lockdown when city authorities, reacting to a resurgence of Covid-19 infections, this week imposed a 10 p.m. curfew Continue Reading
Crude trades lower as US stock build, coronavirus infections weigh
Crude oil futures were lower in mid-morning trade in Asia Sept. 23 as a build-in US inventories and concerns over rising coronavirus infections in Europe weighed on the demand outlook. Continue Reading
Oil Resumes Drop With Demand Uncertainty Keeping Investors Wary
Oil edged higher as positive European manufacturing data and rising equity markets gave some respite to recent demand worries. Futures in New York for November delivery rose to over $40 a Continue Reading
Oil weakens after unexpected U.S. crude inventory rise
Oil edged lower on Wednesday trading below $42 a barrel, pressured by a report that U.S. crude inventories unexpectedly rose and as growing numbers of coronavirus cases around the world Continue Reading
Oil Prices Get Bump from Equities Rebound
Oil recovered from the steepest one-day loss in almost two weeks as equities advanced, though further gains may be limited by a resurgence in coronavirus cases and new lockdown measures. Continue Reading