China Overtakes US With $306 Billion Corporate Credit Boom
Debt sales in dollars are running at their lowest in 11 years Bloomberg News China has surged ahead of the US for corporate bond deals in its yuan credit market Continue Reading
Short-Term Energy Outlook
Forecast Highlights Global liquid fuels The Brent crude oil spot price in our forecast averages $98 per barrel (b) in the fourth quarter of 2022 (4Q22) and $97/b in 2023. Continue Reading
Will Electric Boats Ever Go Mainstream?
While the electric car is undoubtedly the darling of the electric vehicle industry, it is by no means the only vehicle that engineers are determined to electrify. The electric boat Continue Reading
US natural gas production hits 9-month high as NYMEX futures rally falters
Highlights September output averages over 96.6 Bcf/d US rig count near 34-month high at 868 NYMEX 2022 futures dip to low- to mid-$8s US natural gas production is on a Continue Reading
Special Report: How U.S. regulators allow ethanol plants to pollute more than oil refineries
In 2007, the U.S. Congress mandated the blending of biofuels such as corn-based ethanol into gasoline. One of the top goals: reducing greenhouse gas emissions. But today, the nation’s ethanol Continue Reading
U.S. gasoline prices to keep falling as refiners keep making other products
Wholesale gasoline prices are expected to keep falling in coming months as U.S. refiners overproduce fuel to try to rebuild low stocks of diesel and heating oil, according to analysts Continue Reading
New Canadian air rules risk higher costs, fares -airline group
Canadian airlines face potentially higher costs as new rules that take effect on Thursday broaden passenger refund requirements to cases of canceled or long-delayed flights outside of carriers’ control, an Continue Reading
EU plans to cap Russian gas price as Putin warns West of winter freeze
The European Union proposed a price cap on Russian gas on Wednesday after President Vladimir Putin threatened to cut off all energy supplies if it took such a step, raising Continue Reading
German economy minister under fire as German companies sound alarm on energy prices
German Economy Minister Robert Habeck faced a backlash on Wednesday for saying he could imagine parts of the economy stopping production due to rising energy prices that German firms say Continue Reading
New UK leader Liz Truss finalizes huge power subsidy plan
Truss to announce energy support plan on Thursday New PM rules out windfall tax on power firms Sterling falls to lowest since 1985 against U.S. dollar Kwarteng says borrowing will Continue Reading