TECHNOLOGY: China’s CATL Debuts EV Battery With Speedy Six-Minute Recharge and a 1,000-km Range
Contemporary Amperex Technology Co. Ltd., the world’s largest electric vehicle battery manufacturer, unveiled a new fast-charging technology ahead of the Beijing auto show in a bid to stay ahead of…
Traders Place $430 Million Bet on Lower Oil Price Before Trump Ceasefire Extension
(Reuters) – Traders placed a series of bets worth $430 million on a drop in crude prices just 15 minutes before U.S. President Donald Trump said he would extend a…
Oil Prices Rise After Reports Container Ships in Hormuz Hit by Gunfire
Summary US announces ceasefire extension with Iran Ships attacked by gunfire in Strait of Hormuz API shows drops in US crude, fuel and distillate stocks, sources say (Reuters) – Oil…
Oilfield Service Firm Halliburton is Discussing Commercial Terms With Customers for Venezuela Operations
(Reuters) – Oilfield service firm Halliburton on Tuesday said it has been discussing commercial terms with customers for operations in Venezuela after making visits to its existing facilities in the…
North Dakota Crude Output to Rise as Operators Eye High Oil Prices
(Reuters) – North Dakota crude output is set to climb in the coming months as surging oil prices spur operators to ramp up activity, a state regulator said Tuesday. Operators…
Oil Prices Don’t Reflect Scale of Supply Hit, Analysts Say
By Alex Longley and Grant Smith Oil prices don’t fully reflect the largest supply disruption ever, after the Iran war effectively closed the Strait of Hormuz, some of the market’s…
Trump Says He Does Not Want to Extend Ceasefire With Iran
(Reuters) – President Donald Trump told CNBC in an interview on Tuesday that he did not want to extend a ceasefire with Iran, adding the U.S. was in a strong…
US Crude and Fuel Exports Surge to Record Highs, But it’s Not Enough: Russell
(Reuters) – An armada of crude oil and refined products tankers is heading to Asia from the United States, but even record-high exports from the world’s top producer cannot come…
Oil Falls on Expectations US-Iran Talks Likely, Opening of Supply
Summary Iran considers attending peace talks in Pakistan Another month of Hormuz disruption could push prices towards $110 a barrel in Q2, Citi says Market awaits US EIA data on…
Trump Says Energy Chief ‘Wrong,’ Expects Lower Gas Prices as Soon as Iran War Ends
WASHINGTON, April 20 (Reuters) – U.S. President Donald Trump on Monday dismissed his top energy official’s view that gas prices will not drop until 2027, saying Americans can expect lower…
