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Ford Faces Growing Pains As It Expands Into The EV Market

Ford CEO Jim Farley hinted on a SiriusXM radio show that the company is not as lean as it could be, adding to a previous statement that the company needs to reduce costs ....

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High Oil Prices Help To Send U.S. Trade Deficit To Nearly $1 Trillion

High oil prices have helped to send the U.S. international trade deficit to nearly $1 trillion, according to a Tuesday release by the Bureau of Economic Analysis ....

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Large Gasoline Inventory Build Counters Crude Draw

Crude prices rose on Tuesday afternoon on a string of supply outages and were little affected by a large build in gasoline stocks ....

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Russian Fiscal Budget Shows 35% Decline For January

Official figures from the Russian Finance Ministry on Monday show a 35% decline in fiscal budget revenues in January, compared to the same period last year, reporting a ~$24-billion budget deficit for January ....

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India Predicts 500% Increase In Domestic Natural Gas Demand

Indian Prime Minister Narendra Modi on Monday projected that the country’s gas demand would rise 500% due to the rapid pace of development, while its share of global oil demand would more than double ....

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