With an eye on US sanctions relief once US President-elect Joe Biden takes office, Iran’s leaders have ordered its oil sector to prepare to ramp up production and exports in Continue Reading
China moved in more wheat from the US ports in the week that ended Dec. 17, registering a fifth straight week of US wheat shipments, indicating Chinese buyers’ interest in Continue Reading
China’s gasoline and gasoil exports took a break in November from the highs reported in October amid improving domestic demand, while jet fuel outflow inched higher as demand from international Continue Reading
The Chinese Communist Party’s new pledge to fix the “demand side” of the economy has prompted expectations the leadership will implement more egalitarian policies to stimulate consumer spending. The Party’s top Continue Reading
Even with air travel surging ahead of the Christmas holiday in the U.S., demand for jet fuel is unlikely to fully recover anytime soon. Foot traffic through airports last weekend topped Continue Reading
The number of Americans seeking unemployment benefits fell by 89,000 last week to a still-elevated 803,000, evidence that the job market remains under stress nine months after the coronavirus outbreak Continue Reading
Russian Deputy Foreign Minister Sergei Ryabkov has accused the incoming administration of President-elect Joe Biden of “Russophobia” and says he expects relations with the United States to go “from bad Continue Reading
Baker Hughes reported on Wednesday that the number of oil and gas rigs in the United States rose by 2 to 348. The oil and gas rig count has risen Continue Reading
Highlights Coal generation at six-month low in October Renewable generation share of 19.3% in October Houston — US coal-fired power generation totaled 59.8 TWh in October, down 12.5% from September, Continue Reading
Robotics company Nuro on Wednesday received the first-ever permit to commercially deploy its self-driving vehicles in California, allowing the Silicon Valley firm to charge clients for its driverless delivery service. Continue Reading
