Supply Chain Issues Push French Trainmaker To The Brink
Alstom's shares and bonds dive sharply due to a dramatic decline in free cash flow projections, impacted by rising inventories and supply chain disruptions.
Source: oilprice.com
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Alstom's shares and bonds dive sharply due to a dramatic decline in free cash flow projections, impacted by rising inventories and supply chain disruptions.
The American Petroleum Institute reports a significant drawdown in U.S. crude inventories, while product inventories, including gasoline and distillate, see a build, amidst fluctuating oil prices.
Fall refinery maintenance in the United States will see almost 2.5 million barrels per day of capacity taken offline.