WTO expects global trade to sink by at least 13% this year; oil demand are down 50% year-on-year; economists expect 25% decline in U.S. GDP in Q2.
Coronavirus impacts oil demand growth; electric cars have lesser emissions than 50 mpg cars; delivery companies lose $6 billion annually on inaccurate mapping.
Ben Thrower writes about recent changes in Mexico’s oil policies and how they may harm the country.
Brian Aoaeh writes about changes in the energy/fuel mix over the next 30 years in developed and developing economies.
Growth of developing countries is disrupting trade flow; logistics job openings trump available workers; Starbucks is experimenting with blockchain for coffee supply chain traceability.
It was a great week if you are an oil buyer, but if you produce it, it was one to forget as oil prices break substantially below $50.
Majority of the U.S. shale oil producers are showing negative cash flow in 2018; Subaru is recalling 400,000 cars due to faulty engine part; U.S. factory orders increase more than expected in September.
Cutbacks dating back to 2015, strong economic growth and problems in a lot of producing countries have brought the oil market to this point.
Oil, which helped drive a rally for stocks Wednesday, began pulling back ahead of U.S. supply data.
Oil prices have stabilized after a month of volatility, but Iran pulling out of the nuclear deal is still a possibility, as European oil companies and banks are unwilling to buy oil from the country in the wake of perceived sanctions.
The intensifying shortage of drivers is the result of several key issues relating to supply, demand, and new regulations—and is expected to have a significant impact on oil supply.
Mack Trucks and Volvo discuss performance of their remote software update systems; Uber Freight is using autonomous trucks in Arizona; air cargo was up 8% in January YOY; the 3,000th Neopanamax container ship transited the Panama Canal; intensifying freight flows are driving oil demand.
Sometimes profound threats to the economy and to people can be brought about by something as small as a single miniscule crack.
The I-95 Corridor Coalition is moving forward with research that will help it determine whether a mileage use tax is the right approach to taxing in Pennsylvania and Delaware, according to NBC 10 Philadelphia.
