January 24, 2022

Oil Sellers Driven by Bearish EIA Report, Risk-Off Sentiment

U.S. West Texas Intermediate and international benchmark Brent crude oil futures edged lower for a second straight session on Friday but held on to enough of its earlier advances to post a gain for the fifth week in a row. The markets have been feeling […]
January 28, 2022

Facebook winding down cryptocurrency effort: report

Facebook is selling the technology for its cryptocurrency project known as the Diem Association after the project proved to be unsuccessful. The technology will be sold to Silvergate Capital Corp., a small bank in California that works with bitcoin and blockchain companies, for about $200 […]
February 4, 2022

U.S. heating oil, diesel stocks dwindle as demand rises

U.S. supplies of fuels such as diesel and heating oil have dwindled and refiners are having trouble replenishing that supply, which could keep prices elevated for months. Demand for diesel, heating oil and other products has been running ahead of pre-pandemic levels for months. However, […]
February 14, 2022

Boeing not concerned about titanium supply, watching other pinch points

Boeing Co is not concerned about a potential disruption to Russian titanium supplies because of tensions over Ukraine, but is keeping a close watch on other industry supply chain pinch points, a senior executive said on Monday. Boeing relies heavily on Russia’s VSMPO-AVISMA for the […]