Among a litany of the challenges, the ongoing semiconductor shortage has weighed on U.S. automotive manufacturers. Despite solid demand, sales have faced strong headwinds from the part shortages, paired with Continue Reading
The so-called No Oil Producing and Exporting Cartels Act, would give the U.S. Department of Justice the powers to sue OPEC members for manipulating oil prices and controlling production The Continue Reading
President Joe Biden launched an aggressive attack on gasoline prices last week, enlisting China and other nations in a possible joint release of oil reserves, and sharpening a probe into Continue Reading
Breakthrough cases of Covid-19 are hitting older people and those with underlying health conditions particularly hard, according to a new review of data by The Wall Street Journal that sharpens Continue Reading
A Democratic plan to impose a fee on methane emissions from oil and gas wells has cleared a key hurdle, but it faces strong opposition from the oil and gas Continue Reading
A month ago, new coronavirus cases in the United States were ticking steadily downward and the worst of a miserable summer surge fueled by the Delta variant appeared to be Continue Reading
Sweet crude grades from the U.S. Gulf Coast have seen increased interest from Asian buyers in recent weeks, as many refiners in the world’s largest oil-importing region are purchasing more Continue Reading
Ex-Treasury chief puts 50%-55% odds of inflation over 2% There’s a 35% chance of the economy slumping, Summers says WATCH: Summers: Just a 15% Chance U.S. Economy Works Out Well Continue Reading
Americans could soon see relief at the pump as U.S. gasoline prices are set to decline if the drop in crude oil prices holds, Patrick De Haan, head of petroleum Continue Reading
Rigzone’s regular market watchers look at increasing political rhetoric from the U.S., the future for oil prices, rising Covid cases and more. (The views and opinions expressed in this article Continue Reading
