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One-Third Of Toyota's Global Production Frozen Due To Mysterious Glitch

Toyota has halted operations at all 14 of its assembly plants in Japan due to a system malfunction affecting the ordering of parts, with no clear timeline on when they will reopen. ....

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Surprise Crash In Crude Inventories Sends Oil Prices Higher

Oil prices jumped on Tuesday afternoon after the API reported a major draw in crude oil inventories ....

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Permian Methane Flares Could Be Linked to Texas Heatwave

Data from a telescope orbiting the Earth with the International Space Station has revealed 22 significant methane flares in the Permian in June, when Texas saw hotter than normal temperatures for that time of the year ....

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Permian Rig Count Drops Amid Rising U.S. Crude Production

The U.S. oil rig count continued to fall this week despite a rise in U.S. crude oil production ....

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Tesla Stumbles In China As Local Market Favors Home Grown Competitor

Tesla sold significantly less cars in China in July as its competitor BYD overtakes the company in total vehicles sold. ....

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