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By Andy Hipskind While most people may not realize it, shippers and energy companies have spent the last four years readying themselves for this January. What could require years of coordinated preparation by these companies? In 2016, the International Maritime Organization ((IMO)) affir...
Crude oil prices plunge ( USO -3.7% ), hit by rising OPEC and Russian oil production as well as the protracted U.S.-China trade dispute; October WTI -4% to $52.87/bbl, Brent -2.3% to $57.28/bbl. More news on: The United States Oil ETF, LP, Buckeye Partners, L.P., Equinor ASA, Ener...
By Jeffrey Halley With U.S. and Canadian markets closed overnight for Labor Day, it was British Prime Minister Boris Johnson that provided a fireworks display that Guy Fawkes would be proud of. With Parliament due to return from their summer recess today before being suspended from next we...
Editor's note: This article was originally published on September 1, 2019 by Menzie Chinn here . Today, we're fortunate to have Willem Thorbecke , Senior Fellow at Japan's Research Institute of Economy, Trade and Industry (RIETI) as a guest contributor. The views expressed represent...
The recent price action in the crude oil market has been bearish. The price was approaching the $50 per barrel level on August 26, as the trade and currency war between the US and China continues to escalate. The threat of a global recession has weighed on the price of the energy commodity as ...
Crude oil is the energy commodity that powers the world. The price of oil tends to rise during periods of economic expansion and fall when the global economy contracts. The United States is the wealthiest nation on the earth, and China is the most populous country. Therefore, the trade war bet...
Brent crude settled above the $60 per barrel barrier as markets continued to be preoccupied with slowing global growth. The grade advanced to $60.43 per barrel while WTI rose to $55.11 per barrel. While economic growth concerns remain amid the ongoing trade war dispute, crude oil balances ...
Valero ( VLO ) is an energy company which focuses on downstream plays in the oil markets ( USO ). The industry as a whole has been facing some longer-term issues since 2015, but has recovered nicely over the past few years as OPEC nations control production to stabilize the market . However...
I expect West Texas Intermediate oil prices to once again range between $52.50 and $62.50, which is the same range as my last month's forecast. August has been a difficult and volatile month for oil prices and equities. There were the US-China tariff flareups followed by the G7. Yet, oil pri...
By Brian Watson, CFA Amid the ongoing volatility of equity prices, underlying midstream fundamentals continue to be healthy. Midstream throughput, as measured by the production of oil, natural gas, and natural gas liquids (NGLs), continues to increase. Midstream capital needs and balan...
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Nineteen enhancements launched to help brands increase orders, streamline operations, and improve guest experiences Olo Inc. (NYSE:OLO), a leading restaurant technology provider, today announced Loyalty for Borderless Accounts, a new feature that allows guests to earn, redeem, and u...
Olo Inc. (NYSE: OLO), a leading restaurant technology provider, today announced that it will report its second quarter fiscal year 2024 financial results after the U.S. financial markets close on Wednesday, July 31, 2024. In conjunction with this announcement, Olo will host a conference call ...