By Craig Fuller, CEO of FreightWaves For freight companies, this year’s peak will be weak Peak season, an annual event in the freight industry, serves as the most important season in the calendar for many […]
Authored by Julianne Geiger via OilPrice.com, U.S. energy executives told Jennifer Granholm that shuttered crude oil refineries won’t restart, Valero’s Chief Executive Joe Gorder said on Tuesday. The comments were made to the U.S. Energy […]
The last four days have seen 10Y yields plunged almost 35bps from their highs while the 3m bill yield has crept higher by around 12bps… Source: Bloomberg Which has left the much-watched (and Fed-blessed) […]
Via SchiffGold.com, Economist Nouriel Roubini says Federal Reserve is going to “wimp out” on the inflation fight and that will lead to a dollar crash. Roubini is the Professor Emeritus at the Stern School […]
Israel has given a hydrocarbon company permission to start operations at Karish, an offshore field at the heart of a maritime border agreement expected to be signed soon with Lebanon. A statement from the energy […]
Authored by Irina Slav via OilPrice.com, “The world is in the middle of the first truly global energy crisis,” the executive director of the International Energy Agency, Fatih Birol, said today in Singapore. IEA projections […]
Even before the outbreak of war in Ukraine and subsequent energy crisis in Europe, Germany’s Federal Statistics Office estimated that 2.6 million people in the country could not adequately heat their homes in 2021, for […]
Oil prices are rallying this morning as the dollar continued to weaken (to 3-week lows), shrugging off any worries about the surprise crude build API reported last night. “Crude oil remains rangebound,” said Ole Hansen, […]
Amid uncertainty in the global economy as a potential recession, the ongoing Russia-Ukraine war and lingering coronavirus concerns in China put a question mark around near-term energy markets, the coming year looks solid for the […]
Saudi oil and gas giant Saudi Aramco has created a $1.5 billion sustainability fund to encourage investment in technology needed to support “a stable and inclusive” energy transition. Aramco disclosed the creation of “one of the world’s largest […]
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