Mukesh Sahdev News Today

has been launched by houthi fighters in yemen on a us cargo vessel ship off aden. this comes after united states announced that it is returning the group to a list of global terrorist organisations. the escalating tensions in the red sea have many analysts concerned that the impact of these attacks will drive up the cost of living. some shipping companies have had to take a detour around africa — driving up costs— or have decided to suspend shipments indefinitely. mukesh sahdev —...

Workers are determined these new green jobs wont be worse jobs, as the bbc� s north America Business correspondent Michelle Fleury found out when she visited lordstown, ohio. Stretching across 64 acres. Altium sells a Battery Factory in lordstown, ohio, is far from the picket line. But this site, a partnership between car maker General Motors and korean battery supplier lg, is at the forefront of the United Auto Workers fight to protect workers through the move to electric cars. Connie ziegler...

The key disappointment for the markets was the plan to start unwinding some of the extra voluntary production cuts as early as October this year

Penetration of electric vehicles has been increasing in the U.S. and China. For this year Chinese demand will grow by only 10,000 bpd, due to higher EV

Global petrol demand growth could halve in 2024, squeezing second-half refinery margins, analysts said, driven by a shift to electric cars in China and the United States and a return to normal... -May 05, 2024 at 09:43 pm EDT - MarketScreener

Consumption to grow in India and Indonesia

Soaring gas prices have risen to $7.29 per gallon in some parts of California - which is above the current U.S. hourly minimum wage

The nationalist rhetoric from a new president who has pledged to rework oil production contracts comes just ahead of the start-up of the Sangomar oil project.

Disruptions on the world’s major trade routes, refinery closures and resurgent demand are pushing up global fuel prices and making forecasts difficult in the run-up to a US presidential election in which inflation will be a key issue. Increases in the two most-consumed fuels are outpacing those for crude oil…

(Bloomberg) -- Disruptions on the world’s major trade routes, refinery closures and resurgent demand are pushing up global fuel prices and making forecasts difficult in the run-up to a US presidential election in which inflation will be a key issue.Most Read from BloombergOne of the Most Infamous Trades on Wall Street Is Roaring BackStock Rally Stalls in Countdown to Inflation Data: Markets WrapChina Has Never Canceled This Many Shipments of US WheatTech CEOs Are Addicted to Taking Needle...