Tag Archives: energy

Retailers are racing to import the goods and gadgets for consumers to buy during holiday shopping season, the growing list of shortages has made it difficult for them to find enough stock. Due to inflation concerns, consumers expect higher prices, delays, and opportunistic resellers as Black Friday and Cyber Monday …

U.S. crude oil and gasoline inventories rose last week as production rebounded as more offshore oil facilities returned from last month’s storm-related shut-ins, the Energy Information Administration said on Wednesday.Crude inventories (USOILC=ECI) rose by 2.3 million barrels in the week to Oct. 1 to 420.9 million barrels, compared with analysts’ …

China has ordered its top energy companies to secure winter supplies at all costs. The orders come with growing energy crisis in the country. The Chinese directive was issued during an emergency meeting presided by head of China’s energy section and industrial production Vice Premier Han Zheng.Zheng called all the …

The Bank of England said the chance for higher interest rates appeared to have strengthened on Thursday after it pushed up its forecast for inflation at the end of the year to over 4%, more than twice its target rate.Policymakers at the Bank of England unanimously voted to leave its …