Business, Fuel
Oil Shrugs Off US Tariff Hike to Climb on Tighter Supply
Oil pushed higher despite the U.S. imposition of higher tariffs on Chinese goods, as rising tensions in Iran and elsewhere kept the supply outlook tight.
Alex Longley | Bloomberg News
May 10, 2019Government, Business, Fuel
Airlines Are Stepping Up Oil Hedges Before 2020 Shipping Rule Bites
Airlines are starting to hedge against the risk that fuel prices could be driven higher by rules targeting another industry’s environmental performance.
Alex Longley | Bloomberg News
September 6, 2018Business, Equipment, Fuel, Logistics
Morgan Stanley Says Shipping Revolution Has Oil Headed for $90
Brent crude will reach $90 a barrel by 2020 as new international shipping regulations take effect, overhauling the types of fuels produced by refiners, Morgan Stanley analysts said in a report.
Alex Longley | Bloomberg News
May 16, 2018Business, Technology, Logistics
Oil Rises to Highest Since 2014 on Bullish US Inventory Report
Crude rose to its highest level since 2014 in New York as the drop in U.S. inventories reported by an industry group helped to sustain a rally spurred by geopolitical risks.
Alex Longley | Bloomberg News
April 18, 2018Follow Us
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