Despite pleading with oil and gas companies to increase production in recent months, to tackle global shortages and rising prices, President Biden is once again hitting the industry hard by proposing a bigger cut emissions in operations. And he’s not alone, as the UK and EU seek to reduce gas flaring and venting practices to …
More restrictions on Biden’s oil and gas are on the horizon | OilPrice.com Read More »
Costco Wholesale (COST) reported mixed first-quarter fiscal results after the closing bell on Thursday amid weaker consumer demand. But the Club continues to see the fundamentals of the business as strong and is encouraged by the planned rise in membership fees and the bulk retailer’s special dividend. Total revenue, which includes dues revenue, rose 8% …
Costco reports a mixed quarter, but we see positive catalysts on the horizon Read More »
Since the late 1990s, China has been the big beast in global oil markets, driving demand for the oil and other commodities it used to fuel double-digit economic growth every year for many years. then high single-digit growth for years. . As recently as 2017, China’s high economic growth rate still allowed it to overtake …
Lower oil prices on horizon as China enters next phase of Covid crisis | OilPrice.com Read More »
