The US has imposed sanctions on seven LNG carriers linked to shipments of Russian super-chilled fuel. The move is part of the US Department of the Treasury’s Office of Foreign Assets Control’s (OFAC) latest package […]
Naval operations working for the European Union have given an update this morning (pictured above) from the Red Sea on the state of the blaze onboard the laden Sounion, a suezmax attacked multiple times last […]
Daily Standup Top Stories Is China’s Demand for Oil Nearing Its Peak? August 25, 2024 Stu Turley China’s oil imports in July were down 12% from June and 3% from July 2023, raising concerns about the […]
DUBAI, United Arab Emirates (AP) — Fires broke out Friday on a Greek-flagged oil tanker previously attacked by Yemen’s Houthi rebels this week, with the vessel now appearing to be adrift in the Red Sea, authorities said. It wasn’t […]
Deadline for recommendation on winning bid expired on Aug. 22 The court-ordered sale hearing is scheduled for Oct. 30 Elliott Investment Management is the leading bidder in a US court-ordered auction of the parent company of […]
China’s oil imports in July were down 12% from June and 3% from July 2023, raising concerns about the country’s economic health and future oil demand. Factors such as the rise of electric vehicles, the […]
California leads the nation in electric vehicle adoption, with over 1.1 million EVs and the highest per capita ownership. Washington, Hawaii, and Oregon follow California as EV adoption hotspots, while Mississippi and North Dakota lag […]
Pavel Durov, the Russian-French billionaire founder and CEO of the Telegram messaging app, was arrested at Bourget airport outside Paris on Saturday evening (24 August), TF1 TV and BFM TV said, citing unnamed sources. […]
American security agencies have been trying to get more control over Telegram for a long time, the tech entrepreneur believes Telegram CEO and founder Pavel Durov, who was arrested overnight in France, previously told American […]
For the Treasury market, Powell’s speech was a nothingburger. A Sep rate cut has been priced in since the Aug 2 jobs report. By Wolf Richter for WOLF STREET. Powell re-confirmed at his Jackson Hole speech on Friday […]
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