Burundi accuses Rwanda of hosting and training a rebel group that has been carrying out deadly cross-border raids Burundi has announced the closure of its border with Rwanda, while suspending diplomatic relations with its East […]
The Pentagon’s inspector general launched a probe after the White House had been uninformed about Lloyd Austin’s hospitalization US Defense Secretary Lloyd Austin ordered and oversaw the overnight strikes on dozens of Houthi-related targets in […]
Spot charter rates for the global liquefied natural gas (LNG) carrier fleet continued to decline this week, while European and Asian prices also dropped compared to the week before. Last week, Spark30S Atlantic decreased to […]
The action is in services. But now new & used vehicle prices are rising again. And energy. Food edges to new painful high. By Wolf Richter for WOLF STREET. Inflation in core services remains hot, and in December […]
Jan 11 (Reuters) – Global oil demand is expected to increase by almost 2 million barrels a day in 2024, with China accounting for more than 25% of the increase, consultancy Wood Mackenzie said in […]
Traders are purchasing call option spreads on Brent Crude, betting that oil prices will hit $110 per barrel by the end of March and April, with bets equivalent to around 30 million barrels. Current market […]
DUBAI, Jan 11 (Reuters) – Iran seized a tanker with Iraqi crude destined for Turkey on Thursday in retaliation for the confiscation last year of the same vessel and its oil by the United States, […]
Britain is to build a new nuclear power station with the capacity to power as many as six million homes under plans to boost energy security and hit net zero targets. Claire Coutinho, the Energy Secretary, […]
Super busy Chinese shipyards are now accepting orders as far out as 2029. Middle Eastern liquefied natural gas (LNG) producer QatarEnergy has signed a contract with Hudong-Zhonghua Shipbuilding for the construction of eight supersize LNG […]
Hertz Global Holdings Inc. said Thursday it is selling about 20,000 electric vehicles from its fleet, or about one-third of the total, in the latest sign that the EV revolution is stalling amid weak demand […]
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