LONDON The White House is becoming increasingly volatile and erratic in its pronouncements about the economy and trade as the internal contradictions between its policies become obvious.
LONDON, Aug 22 U.S. refineries have cut the volume of crude processed so far this year, but stocks of gasoline and distillates remain ample, highlighting the slack demand for transportation fuels.
(John Kemp is a Reuters market analyst. The views expressed are his own)
LONDON, Aug 21 National Grid’s interim report into the blackout which hit Britain earlier this month provides a useful timeline of the faults and trips on the network, but leaves important questions about reliability unanswered.
(John Kemp is a Reuters market analyst. The views expressed are his own)
LONDON, Aug 20 Global oil consumption is falling at the fastest rate for almost five years as manufacturing activity and trade flows slip around the world and vehicle production tumbles.
(John Kemp is a Reuters market analyst. The views expressed are his own)
LONDON (John Kemp is a Reuters market analyst. The views expressed are his own.)
LONDON, Aug 19 Hedge funds cut their bullish positions in petroleum last week for the second week running as anxiety about the slowing global economy and oil consumption trumped optimism over production restraint by OPEC and its allies.
LONDON, Aug 16 U.S. motor manufacturing has been a rare bright spot amid a worldwide slowdown in the auto sector and a cooling in the rest of U.S. industry, but there are signs U.S. automakers could now be running into headwinds as well.
European leaders on Friday threatened to tear up a trade deal with South America, reflecting growing international anger at Brazil as a record number of fires in the Amazon rainforest intensified an unfolding environmental crisis.