Oil headed for a weekly increase on signs of tight physical supply, but remained down this month amid persisting fears of economic slowdown. West Texas Intermediate futures rose above $98 Continue Reading
Of all the drivers behind the dramatic rise in U.S. inflation in the past year, perhaps the most acute is the surge in energy prices. It may also be among Continue Reading
Global oil demand is not declining in a pattern that would be consistent with a recession, and demand will still grow next year from this year despite expected slowdowns in Continue Reading
Oil prices were broadly steady on Friday, lifted by supply concerns as attention turns to the next meeting between OPEC and its allies, though fears of recession capped gains. U.S. Continue Reading
The Senate’s proposal aims to accelerate electric car sales and promote domestic battery manufacturing at China’s expense. A proposed $369 billion climate and tax package includes money to help consumers Continue Reading
Volkswagen Group China unveiled its first electric Vertical Take-Off and Landing (eVTOL) passenger drone prototype, as part of its strategy to explore and break new ground in fully electric and Continue Reading
Shale explorers are searching for oil at rates not seen since the early weeks of the pandemic as high crude prices incentivize drilling. Oil rigs operating in US fields increased Continue Reading
Across Montana’s 147,000 square miles, the state government recently counted 57 charging stations. Building a nationwide network requires putting EV chargers in the middle of nowhere. Montana’s vast spaces and Continue Reading
U.S. gas prices have hit a record high and are showing no signs of going down. That’s largely because oil companies are no longer incentivized to drill more as oil Continue Reading
A job fair in Albuquerque, N.M. Job hopping for higher wages has put pressure on companies as they compete for talent. The U.S. economy is enduring a rocky transition from Continue Reading
