U.S. Rig Count Slides Amid Jump In Crude Prices
The number of total active drilling rigs in the United States fell by 3 this week, according to new data from Baker Hughes published on Friday. The total rig count Continue Reading
PepsiCo confirms Tesla Semi truck deliveries to start in December
PepsiCo Inc (PEP.O) confirmed on Friday it would take delivery of Tesla Inc’s (TSLA.O) Semi trucks on Dec. 1, becoming the first company to receive its orders of the much-delayed Continue Reading
U.S. Shale Workforce In Short Supply
U.S. crude oil and gasoline inventories might be in short supply, but so are U.S. shale workers, according to new data released by the Labor Department on Friday. U.S. shale Continue Reading
US cash, futures gas prices slump amid forecasts for largest-ever weekly storage build
Highlights Supply-demand model shows 134 Bcf build for Oct 7 week Build to be largest on record, reducing storage deficit US natural gas prices across the cash and futures markets Continue Reading
Food Prices Drop Again, Easing Pain of High Grocery Bills
Food prices declined to the lowest since January. Megan Durisin Albery reports. Global food prices fell for a sixth month, potentially offering relief to consumers battered by across-the-board inflation. Agricultural Continue Reading
Rivian Recalling Nearly All of Its Vehicles
Electric truck and SUV maker Rivian urged customers to stop driving their vehicles if they experience issues with steering or suspension problems. Rivian Automotive Inc. RIVN -7.64%▼ is recalling nearly Continue Reading
In Hurricane Ian’s Wake, Insurers and Homeowners Gear Up for Coverage Fights
Litigation is looming for home insurers in Florida as cash-strapped, underinsured homeowners—paired with an aggressive plaintiffs’ bar—are expected to turn to the court system to try to force payments for Continue Reading
EPA proposes endangerment finding for lead emissions from aircraft engines that operate on leaded fuel
The US Environmental Protection Agency (EPA) announced a proposed determination that emissions of lead from aircraft that operate on leaded fuel cause or contribute to air pollution that may reasonably Continue Reading
Russia says truck bomb damages key bridge to Crimea
Russian authorities said that a truck bomb on Saturday caused a fire and the collapse of a section of a bridge linking Russia-annexed Crimea with Russia — a key supply Continue Reading
Russia’s bridge to Crimea severely damaged by explosion
An explosion tore through Russia’s bridge across the Kerch Strait to Crimea early on Saturday, severely damaging it in a major blow to Vladimir Putin more than seven months into Continue Reading