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Surging Gasoline Prices Add Inflation Risk in US Election Year - Vimarsana News

Surging Gasoline Prices Add Inflation Risk in US Election Year

(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 Needless Risk

Source: yahoo.com
Global Fuel Prices Are Surging With Supply Risks Ahead - Vimarsana News

Global Fuel Prices Are Surging With Supply Risks Ahead

(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 BloombergStock Traders Bracing for Worst Shrug Off Hot CPI: Markets WrapOne of the Most Infamous Trades on Wall Street Is Roaring BackUS Core Inflation Tops Forecasts Again, Reinforcing Fed CautionChina Has Never Canceled This Many Ship

Source: yahoo.com
US Frackers Return to Haunt OPEC's Pricing Strategy - Vimarsana News

US Frackers Return to Haunt OPEC's Pricing Strategy

(Bloomberg) -- OPEC’s one-time nemesis — US shale — is rearing its head just months after the sector was all but written off as a threat to the cartel’s sway over worldwide oil markets.Most Read from BloombergNetanyahu, Under Pressure Over Hostage Deaths, Vows to Press On‘Underwater’ Car Loans Signal US Consumers Slammed by High RatesUS Navy Shoots Down 14-Drone Wave as Shippers Avoid Red SeaMike Johnson May Be the Next House Speaker to Lose His JobWall Street’s China Stock Bulls Seek Redemption

Source: yahoo.com
Oil at $100 a Barrel is Looking Less Likely After All - Vimarsana News

Oil at $100 a Barrel is Looking Less Likely After All

(Bloomberg) -- The big bang expected for oil prices this year is turning into a whimper. Most Read from BloombergRockstar Plans to Announce Much Anticipated ‘Grand Theft Auto VI’US 30-Year Mortgage Rate Tumbles by Most in More Than a YearAdam Neumann Remains a Billionaire Even With WeWork BankruptcyVirginia Democrats Fend Off Republican Sweep in Win for Abortion RightsEverything We Know About Grand Theft Auto 6 Right NowJust weeks ago, Brent crude was on the cusp of finally fulfilling industry f

Source: yahoo.com
Keystone pipeline restarts at half capacity of 300,000 barrels a day - Vimarsana News

Keystone pipeline restarts at half capacity of 300,000 barrels a day

The Keystone crude pipeline, a vital artery transporting Canadian oil to markets in the US and overseas, is operating at about half of its capacity after a…