US GOM Oil Slowly Coming Back
U.S. Gulf of Mexico oil production is slowly returning following Hurricane Laura. U.S. Gulf of Mexico (GOM) oil production is slowly returning following Hurricane Laura, the Bureau of Safety and Continue Reading
U.S. manufacturing activity strongest in nearly two years in August
U.S. manufacturing activity accelerated to a nearly two-year high in August amid a surge in new orders, but employment continued to lag, supporting views that the labor market recovery was Continue Reading
Sweden Advances on Road to Fossil-Free Steel With Three-Way JV
A Swedish joint venture that hopes to rewrite the rules of steel production took a major step forward on Monday. Hybrit, an initiative run by steelmaker SSAB AB, iron ore Continue Reading
Rolls-Royce says demand for luxury cars is recovering
The chief executive of Rolls-Royce said demand for his company’s luxury cars is rebounding, helped by sales in Asia, and he is optimistic about the outlook for next year after Continue Reading
Crude higher on weaker dollar; improving economic data
Crude oil futures were higher in mid-morning trade on Sept. 1 as a weaker dollar and robust Chinese economic data lifted the global crude complex despite the rising coronavirus case Continue Reading
Oil Prices for Sep. 01, 2020: Brent Crude, WTI
Oil rose to trade near $43 a barrel in New York, with support from a weaker dollar and expectations of a further decline in U.S. stockpiles. Futures added 1.1% after the Continue Reading
Oil prices rise 1% as mood on dollar sours
Oil prices gained on Tuesday, reversing overnight losses, as investors moved into risk assets and stayed away from the safe-haven U.S. dollar which hit multi-year lows. Brent crude LCOc1 futures Continue Reading
Oil Prices Settle Lower
Oil dipped as a surge in coronavirus infections hitting the world’s major economies weighed on the prospect for a demand recovery even as China’s economic activity improves. While a gauge Continue Reading
Natural Gas Prices Plunge On Expectations Of Lower Demand
Natural gas prices sank early on Monday on expectations of lower demand due to cooler weather and lower liquefied natural gas (LNG) feed in the aftermath of Hurricane Laura passing Continue Reading
Pandemic brings hard times for farmers, worsening hunger
The coronavirus pandemic has brought hard times for many farmers and has imperiled food security for many millions both in the cities and the countryside. United Nations experts are holding Continue Reading