OPEC

Saudi Arabia’s actions have sent markets plunging on top of earlier declines.

OPEC recommended steep cuts and a Russian-led group balked.

Spike in demand for household essentials; Chinese manufacturers suffer under virus attack; H&M opening up its supply chain.

Autonomous electric shuttles hit Columbus; global auto market might slowdown over coronavirus; Nikola Motor to produce trucks in Germany

Saudi Arabia angry at low oil prices; consumer spend set to increase during holiday season; European wine production battles climate change.

All the numbers at your fingertips to help you navigate figuring out what’s going on at OPEC this coming week.

Court indicts a few UPS employees for drug trafficking; EU commercial vehicle registrations decline; pop-up electric charging stations come up in Oxford.

Governments need to bolster electric vehicle battery recycling infrastructure; American worker productivity declined by 0.3% this quarter; Brazil plans to double oil output.

Fiat Chrysler and PSA merge to become a €40 billion automaker; global maritime shipping volumes growth slow; OPEC meeting this December to discuss production cuts.

Oil markets completed their first full day of trading following the drone attacks on Saudi processing facilities, with the global crude Brent benchmark rising more than 14% at the close and heading back up toward where prices were when trading began late Sunday U.S. time. The one comforting fact for truckers is that ultra low […]

Refinery repairs and OPEC wreak havoc on rates, but there is always the next quarter.

Shale oil wells in the Permian basin were underreported by 20 percent; U.S. FDI flows reduce; UPS pursues drone delivery services

Peak oil demand “lurks like a monster in the shadows,” warns Stifel analyst Ben Nolan.

Three reports issued this past week all with the same conclusion: there will be a lot of excess oil in the world next year.

Port Corpus Christi could emerge as the United States’ top crude oil export hub over the next decade, thanks to more than $380 million in new shipping facilities and three oil pipeline projects worth $5.2 billion, according to a new study. Wood Mackenzie’s North America Crude Markets Service reported that the startup of three new […]

Also in the oil report: the closure of an East Coast refinery is not good news for IMO2020 preparation

The structure of the Brent market says tightness, but the inventory numbers in the U.S. beg to differ

If a trade war pares GDP growth, OPEC cuts may be extended, weighing tanker rates.

Saudis and UAE are on board with filling in the gap from lost Iranian oil exports.

Markets are tightening. Full implementation of sanctions on Iranian oil could make them tighter.