Audi Suspends Electric Vehicle Production Due To Battery Shortage
Today in "news that affects all electric vehicle manufacturers but definitely not Tesla stock",?Audi has announced that it has suspended production of its e-Tron electric SUV effective February 20?and won't?
Equinor Quits Oil Exploration In Great Australian Bight
Norway's Equinor has shelved an oil exploration project in the Great Australian Bight, becoming the third supermajor to give up on the Bight amid a challenging environment and strong environmentalist?
PDVSA Finds Another Rosneft Subsidiary To Do Its Bidding
The US may have dealt Venezuela another blow by sanctioning Rosneft subsidiary Rosneft Trading last week, but as the company dealing the most oil from Venezuela is?
Teck Resources has withdrawn its application for a regulatory review of the Frontier oil sands project, the company said in a news release. ?Investors and customers are increasingly looking?
Libyan Oil Chairman Calls On U.S. To Help End Oil Blockade
The United States should step in and help lift the blockade of Libyan oil ports that has decimated the country's oil production, the chairman of the National Oil Corporation, Mustafa?
Asian Hedge Funds Win Big From Tesla's Stock Surge
Tesla's soaring stock this year was the key driver of the returns of several hedge funds based in Asia which had either bought Tesla shares at the dip last year?
Rosneft May Have Terminated Oil Supply Deal With China CEFC
Rosneft has allocated April deliveries of the ESPO crude blend to commodity trader Trafigura instead of to China's CEFC, suggesting that Russia's largest producer may have altered?
China's passenger car sales tumbled by 92 percent year on year in the first two weeks of February, due to the coronavirus outbreak, which is also expected to result?
The Houthi rebels in Yemen launched a missile attack on Saudi Arabia early this morning but the missiles were intercepted by the Saudi defense system, Reuters reported, citing a?
Andurand's Hedge Fund Lost Big In Volatile Oil Markets
The main oil-focused hedge fund of one of the best known oil traders, Pierre Andurand, incurred an 8-percent loss in January, the Financial Times reported on Friday, quoting three?
