Oil stored in ships has been stacking up off key Asian ports as a crackdown in China on private crude oil processors has blunted purchases and disrupted flows, including some Continue Reading
Ships have resumed berthing operations at a halted container terminal in Ningbo, China, adding to optimism that full activity at one of the world’s busiest ports will be restored shortly Continue Reading
Delta variant, slow vaccination catch much of region off-guard Asia q/q profit likely 1st fall in 6 quarters in July-September SE Asia July factory activity fell fastest since June 2020 Continue Reading
Climate change is making China’s annual summer floods worse, and cities housing millions of people aren’t prepared to handle the damage. Record-breaking rainfall in the central province of Henan killed Continue Reading
The Texas power grid operator forecast demand would reach record highs on Monday and Tuesday as homes and businesses crank up their air conditioners to escape another heatwave. The United Continue Reading
The U.S. Department of Energy said Monday it would sell up to 20 million barrels of crude from the emergency oil reserve to comply with legislation passed in recent years. Continue Reading
The U.S. gave full approval for use of the Covid-19 vaccine from Pfizer Inc. PFE 2.48% and partner BioNTech SE BNTX 9.58% Monday, a move quickly followed by announcements from the Pentagon, the New York City school district and others that Continue Reading
Drought is blistering key U.S. cash crops, further elevating prices for staples including corn and wheat. The punishing dynamics of a torrid summer were evident this month on the Pro Farmer Crop Continue Reading
Janet Rice never suspected that Trace Creek could get so high. It would take an ocean surging 500 miles from the coast to her rural town in middle Tennessee. Then Continue Reading
ir Winston Churchill once admonished leaders to never let a good crisis go to waste, and Big Oil has rarely failed to heed the advice. Under normal circumstances, energy downturns Continue Reading
