Iran’s mission to the United Nations said yesterday that the Houthis in Yemen will allow salvage teams to head to the badly damaged Sounion suezmax tanker in the Red Sea and let it be towed. […]
Norwegian energy giant Equinor has opted to cancel all its offshore wind projects in Spain and Portugal only days after the company closed its Hanoi office and departed from Vietnam. The decision comes as Equinor […]
Daily Standup Top Stories Ukraine Strikes 2 More Oil Depots Deep Into Russian Territory August 28, 2024 Stu Turley The Ukrainian military claimed on Wednesday to have downed a Russian fighter jet over eastern Ukraine as […]
Tesla’s price cuts have led to a 70% increase in used EV sales in the first half of 2024. The average price of a used EV has dropped below $30,000, making them more affordable than […]
Aug 28 (Reuters) – Oil prices settled 1% lower on Wednesday after a smaller-than-expected draw in U.S. crude stockpiles and as concerns over Chinese demand persisted, though losses were capped by supply risks in the […]
The Ukrainian military claimed on Wednesday to have downed a Russian fighter jet over eastern Ukraine as Russia stepped up retaliation in Ukraine’s occupied eastern region shortly after Kyiv set another Russian oil depot on […]
But buybacks occur at huge losses for investors. Today it bought back a 1.25% 20-year bond for 66 cents on the dollar. By Wolf Richter for WOLF STREET. The US Treasury Department has been doing two major things […]
If you are in the business of selling standby home generators, hurricanes, severe weather, and blackouts are good for business. And as the frequency of blackouts across the country increases, companies like Generac are making […]
Kamala Harris and her new running mate, Tim Walz, will impoverish America. That’s the best way to understand one of their most important – yet least-known – policy pipe dreams. As vice president, Harris has backed so-called […]
The city of Baltimore accused major US shale oil producers of conspiring to lower production and boost petroleum product prices in a proposed federal class action lawsuit. The suit was filed Aug. 24 in the […]
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