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HomeTop News

Top News

petroleum crude
Crude Oil News

India scraps windfall tax on petroleum crude

September 17, 2024 Mariel Alumit

Sept 17 (Reuters) – The Indian government has cut the windfall tax on petroleum crude to zero from 1,850 rupees per metric ton, effective from Sept. 18, a notification issued on Tuesday showed. The Indian […]

U.S. retail gasoline prices lower than last year heading into Labor Day
Downstream

OPEC Claims Taxation Is a Severely Underrated Driver of Gasoline Prices

September 17, 2024 Mariel Alumit

OPEC argues that taxes on gasoline are a more significant factor in pump prices than the cost of crude oil. The organization claims developed nations earn more from gas taxes than OPEC does from oil […]

Chinese Electric Vehicle
Electric Vehicles

Report Raises Alarm Over Chinese Electric Vehicle Data Collection

September 17, 2024 Mariel Alumit

A new report warns that Chinese electric vehicle manufacturers could pose a national security risk to the UK due to data privacy concerns and potential ties to China’s military-industrial complex. The report claims that Chinese-made […]

Oil
Crude Oil News

The Latest Oil Price Crash Appears to Have Come to an End

September 17, 2024 Mariel Alumit

Oil prices have fallen dramatically in recent weeks, but supply disruptions and optimism around a potential U.S. interest rate cut appear to have halted that downward momentum. – The marked shift in oil sentiment recently […]

Oil prices
Crude Oil News

Oil prices steady with spotlight on US rate verdict

September 17, 2024 Mariel Alumit

Sept 17 (Reuters) – Oil prices held steady on Tuesday in choppy trade as the focus turned to the U.S. Federal Reserve’s policy meeting that concludes on Wednesday, while fears of weaker demand in China […]

China
Critical Minerals

US probes uranium imports from China to prevent circumventing Russian ban

September 17, 2024 Mariel Alumit

WASHINGTON, Sept 17 (Reuters) – President Joe Biden’s administration is probing a surge in imports of enriched uranium from China since late 2023 amid concerns the shipments are helping Moscow sidestep a U.S. ban on […]

NATO
ENB Pub Note

NATO chief: Each country to decide if Ukraine can use its long-range missiles on Russia

September 17, 2024 Stu Turley

ENB Pub Note: Any use of long-range weapons by NATO is bad, wrong, and should not be authorized. There is way too much at stake, and the United States does not need to be in […]

Brussels
Electric Vehicles

Thousands in Brussels protest German car giant’s job cuts

September 17, 2024 Stu Turley

The Audi facility in Brussels is at risk of shutting down amid stiff competition from China and the US Thousands of demonstrators took to the streets of Brussels on Monday in support of autoworkers who […]

Rolls-Royce
International News

UK vaccine chief joins Rolls-Royce to lead nuclear power plans

September 17, 2024 Mariel Alumit

Rolls-Royce SMR has appointed Ruth Todd as its new Operations and Supply Chain Director. Ms Todd, who led the UK’s Covid-19 Vaccine Task Force and previously held a senior role at HS2, will join the […]

U.S. Interest Rates
Finance

U.S. Interest Rates are Finally Dropping. Is That Good?

September 17, 2024 Mariel Alumit

The impact will be felt around the world. The U.S. Federal Reserve began raising interest rates several years ago to combat inflation. This week, after new data emerged about a weakened labor market and more […]

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