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US Drillers See Sharpest One-Week Increase In Oil Rigs Since February - Vimarsana News

US Drillers See Sharpest One-Week Increase In Oil Rigs Since February

The number of oil rigs rose by 6 to 500—the highest one-week increase in 9 months

U.S. Sanctions U.A.E. Maritime Firms for Bypassing Russian Oil Price Cap - Vimarsana News

U.S. Sanctions U.A.E. Maritime Firms for Bypassing Russian Oil Price Cap

The U.S. has imposed sanctions on three U.A.E.-based maritime companies and three vessels for transporting Russian oil above the imposed $60 price cap.

Thanksgiving Travel Surges To Pre-Covid Peaks, Marking A Return To Normalcy - Vimarsana News

Thanksgiving Travel Surges To Pre-Covid Peaks, Marking A Return To Normalcy

As many as 49.1 million Americans are expected to hit the highways, an increase of 1.7% compared to 2022.

Crude Inventories See Another Build - Vimarsana News

Crude Inventories See Another Build

Crude inventories saw another build this week and are now almost 12 million barrels higher year-to-date

Lucid Motors Reports Staggering $227,000 Loss Per Car - Vimarsana News

Lucid Motors Reports Staggering $227,000 Loss Per Car

Lucid Motors reported a substantial loss of $227,000 per car sold in the third quarter, highlighting significant financial challenges in the electric vehicle industry.