Average age of vessels up more than two years since 2017 New emissions rules may force older ships to go slower One-fifth of ships fitted with energy saving devices New vessels and alternative fuels the long-term solution LONDON, July 11 (Reuters) – If shipping is the beating heart of global trade, its pulse is about … Read more
US payrolls exceed expectations in June Rate futures price in 75-bps hike Yen in focus as former PM Abe gunned down NEW YORK, July 8 (Reuters) – The US dollar was little changed against a basket of currencies on Friday ahead of the weekend following a choppy session that saw the greenback posting both gains … Read more
Oil pump jacks are seen at the Vaca Muerta shale oil and gas deposit in the Patagonian province of Neuquen, Argentina, January 21, 2019. REUTERS/Agustin Marcarian Register now for FREE unlimited access to Reuters.com Register July 7 (Reuters) – Oil prices settled sharply higher on Thursday, rebounding from steep losses the previous two sessions, as … Read more
Crude oil storage tanks are seen from above at the Cushing Oil Hub, in Cushing, Oklahoma, March 24, 2016. REUTERS/Nick Oxford/File Photo Register now for FREE unlimited access to Reuters.com Register Oil rises nearly 3% before paring some gains Rate hikes, recession fears still capping price gains – analyst China reports new COVID cases across … Read more
People pump gas at an Exxon gas station in Brooklyn, New York City, US, November 23, 2021. REUTERS/Andrew Kelly Register now for FREE unlimited access to Reuters.com Register HOUSTON, July 1 (Reuters) – Exxon Mobil Corp (XOM.N) on Friday reported that skyrocketing margins from fuel and crude sales could generate a record quarterly profit, according … Read more
Sticker reads crude oil on the side of a storage tank in the Permian Basin in Mentone, Loving County, Texas, US November 22, 2019. REUTERS/Angus Mordant/ Register now for FREE unlimited access to Reuters.com Register For the week, Brent falls 1.3% while WTI rises 0.8% Norway oil and gas workers’ strike could cut about 8% … Read more
(LR) Radhika Merchant, Anant Ambani, Nita Ambani, Akash Ambani, Isha Piramal, Anand Piramal and Mukesh Ambani, the Chairman of Reliance Industries, poses during a photo opportunity at the wedding ceremony of Akash, at Bandra-Kurla Complex in Mumbai, India, March 9, 2019. REUTERS/Francis Mascarenhas Register now for FREE unlimited access to Reuters.com Register MUMBAI, June 29 … Read more
A worker uses a petrol pump at a Brazilian oil company Petrobras gas station in Brasilia, Brazil March 7, 2022. REUTERS/Adriano Machado/File Photo/File Photo Register now for FREE unlimited access to Reuters.com Register OPEC, OPEC+ begin two days of policy meetings US crude inventories down as refiners pick up activity US crude production reaches highest … Read more
June 23 (Reuters) – US President Joe Biden rarely mentions electric car maker Tesla Inc (TSLA.O) in public. But privately his administration has leaned on the company to help craft a new policy to allow electric vehicles (EVs) to benefit from the nation’s lucrative renewable fuel subsidies, according to emails reviewed by Reuters. The Biden … Read more