Economy

Visualizing US Crude Oil and Petroleum Product Imports in 2021

Visualizing US Crude Oil and Petroleum Product Imports in 2021

US Petroleum Product and Crude Oil Imports in 2021: Visualized Energy independence is top of mind for many nations as Russia’s invasion of Ukraine has prompted sanctions and bans against Russian coal and crude oil imports. Despite being the world’s largest oil producer, in 2021 the US still imported more than 3 billion barrels of …

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Oil Prices Surge Past 3 As Shanghai Signals End Of Lockdown

Oil Prices Surge Past $113 As Shanghai Signals End Of Lockdown

Oil prices have topped $113 per barrel on optimism that China’s lockdowns are coming to an end and demand will not take a prolonged hit. In early afternoon markets Monday, news that Shanghai was seeing a strong recovery from COVID cases, with plans in place to ease lockdown restrictions beginning this week, outweighed a litany …

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Ryanair CEO launches expletive-ridden tirade against Boeing

Ryanair CEO launches expletive-ridden tirade against Boeing

“At the moment we think Boeing management is running around like headless chickens, not able to sell aircraft, and then even the aircraft they deliver, they’re not able to deliver them on time,” said Michael O’Leary, CEO of Ryanair , Europe’s largest discount carrier, which has ordered nearly 400 jets from Boeing since 2010. O’Leary …

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