Oil Prices Dip as Investors Worry Over Demand and Fed Cuts by Mark Eisenberg 26.06.2024 Oil prices drop 1%, influenced by weak US consumer confidence, high inventory levels, and geopolitical tensions impacting supply and demand.
US Crude Stockpiles Forecasted to Rise by 5.3M Barrels by Mark Eisenberg 26.06.2024 Macquarie predicts a 5.3M BBL rise in US crude oil stockpiles by June 21, driven by decreased refinery activity and ...
Oil Prices Dip as Strong Dollar Pressures Commodities Market by Mark Eisenberg 24.06.2024 Oil prices ease amidst a stronger dollar and potential higher interest rates, despite support from geopolitical tensions and OPEC+ supply ...
Egypt Delivers 28,000 Eco-Friendly Cars Amid Challenges by Mark Eisenberg 23.06.2024 Despite economic hurdles, Egypt's Finance Minister announced 28,000 new eco-friendly cars delivered, supporting green transport and local industry.
Crude Oil Drops, But Secures 2-Week Win on Demand Optimism by Mark Eisenberg 22.06.2024 Crude oil settles lower due to a strong dollar but achieves a 2-week win streak as U.S. demand improves; geopolitical ...
EU-China Trade Tensions Escalate Amid German Talks by Mark Eisenberg 22.06.2024 "Germany's minister Robert Habeck visits China amid EU-China trade tensions over EV tariffs, seeking dialogue to prevent a trade war."
US Oil Futures Slide After API Reports Unexpected Build by Mark Eisenberg 19.06.2024 US oil futures dip post-API report showing rise in crude stocks. Gasoline down by 1.08M barrels; distillate up by 538K ...
Volkswagen Unveils Advanced Hydrogen Fuel Cell Technology by Lilu Anderson 18.06.2024 Volkswagen develops cost-effective hydrogen fuel cell technology with Kraftwerk Tubes, aiming for a 1,243-mile range and no conversion kit needed.
Colonial Pipeline Owners Eye Stake Sales Amid $10B Valuation by Mark Eisenberg 18.06.2024 Owners of Colonial Pipeline, valued over $10B, explore selling stakes amid rising U.S. energy demand; past cyberattack highlights vulnerabilities.
Bank of America: Oil Demand Weakens Amid Global Surplus by Terry Bingman 17.06.2024 Oil demand is slowing, creating downward pressure on prices amid surging inventories, BofA warns; potential rebound hinges on OPEC+ cuts ...