by Bloomberg
|Thursday, April 29, 2021
A great car comeback is sending vehicle sales soaring and fueling a demand surge for oil and metals.
(Bloomberg) It’s starting to feel as commonplace as handwashing: To protect against Covid, people across the globe are skipping trains and buses. Instead, they’re part of the great car comeback that’s sending vehicle sales soaring and fueling a demand surge for oil and metals.
Julie Murataj is a reluctant part of the shift. Two of her three kids are now getting dropped off at school instead of taking public transit. Then she drives her Volvo SUV to work, where she helps London schoolchildren cross the road by halting traffic with a bright, red and yellow stop sign that Brits call a “lollipop.” It’s a front-row seat to the world’s changing travel habits.
Apr 30 2021, 9:41 AM
April 29 2021, 4:30 AM
April 30 2021, 9:41 AM
(Bloomberg) Itâs starting to feel as commonplace as handwashing: To protect against Covid, people across the globe are skipping trains and buses. Instead, theyâre part of the great car comeback thatâs sending vehicle sales soaring and fueling a demand surge for oil and metals.
(Bloomberg) Itâs starting to feel as commonplace as handwashing: To protect against Covid, people across the globe are skipping trains and buses. Instead, theyâre part of the great car comeback thatâs sending vehicle sales soaring and fueling a demand surge for oil and metals.
The natural gas storage report from the EIA for the week ending April 9th indicated that the amount of natural gas held in underground storage in the US rose by 61 billion cubic feet to 1,845 billion cubic feet by the end of the week, which left our gas supplies 242 billion cubic feet, or 11.6% below the 2,087 billion cubic feet that were in storage on April 9th of last year, but now 11 billion cubic feet, or 0.6% above the five-year average of 1,834 billion cubic feet of natural gas that have been in storage as of the 9th of April in recent years..the 61 billion cubic feet that were added to US natural gas storage this week was less than the average forecast of a 65 billion cubic foot addition from an S&P Global Platts survey of analysts, and was also less than the 68 billion cubic feet added to natural gas storage during the corresponding week of 2020, but it far surpassed the average addition of 26 billion cubic feet of natural gas that have typically been injected into natural ga
Texas oil pipelines face dry months as production languishes reuters.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from reuters.com Daily Mail and Mail on Sunday newspapers.
Nearly half of all oil pipelines from the Permian basin, the biggest U.S. oilfield, are expected to be empty by the end of the year, analysts and executives said.