The seaborne flow of oil fell for a fourth straight month in September on the back of hefty declines from Libya, where a political row spilled over into supply disruptions.
Category: News
Tesla Posts First 2024 Quarterly Increase in Deliveries
Low-interest financing, sweet lease deals, price cuts and free charging boosted Tesla’s global deliveries in the third quarter, the first increase this year for the electric vehicle maker.
Helene Leaves Flooded Farms, Fouled Rivers, Dozens Dead
As historic floodwaters unleashed by Hurricane Helene recede across the Southeast, the region faces a humanitarian, economic and ecological crisis of staggering scope.
Chip Firms Monitor Quartz Supplies After Hurricane Hits Mines
Global semiconductor makers are monitoring supplies of high-purity quartz, a material critical to the industry, after Hurricane Helene halted production at two North Carolina mines.
US Imposes Duties on Solar Imports from Southeast Asia
The determination marks an early victory for domestic panel makers who say cheap imports harm their operations and threaten investments meant to cultivate a U.S. solar supply chain.
Congress to Finalize Transportation Funds After Elections
When lawmakers return to Washington after the November elections, their priority will be finalizing bills to fund operations at the U.S. Department of Transportation and other agencies.
Hurricane Devastates Cotton Crops Just Before Harvest
Cotton growers are facing devastating losses and delays from Hurricane Helene just as harvest was beginning, marking the latest blow to profits in an already weak market.
Manufacturing Activity Contracts for a Sixth Straight Month
U.S. manufacturing activity shrank in September for a sixth month, reflecting weak orders and declining employment.
Permian Gas Starts Flowing Via Matterhorn Pipeline in Texas
Matterhorn Express Pipeline has begun transporting natural gas into Williams Cos.’s Transco pipeline, a long-awaited addition to midstream infrastructure serving the Permian Basin.
Dockworkers Hit the Picket Lines
PHILADELPHIA — Dockworkers at ports from Maine to Texas began walking picket lines early Oct. 1 in a strike over wages and automation.