U.S. Crude Oil Inventories Down Last Week
The American Petroleum Institute (API) on Tuesday reported a decrease of 6.195 million barrels of crude oil in U.S. inventories for the week ending...
U.S. Dollar Edges up After Better-Than-Expected Retail Sales Data
The U.S. dollar edged up on Tuesday, as U.S. retail spending picked up in July better than expected. Retail sales grew 0.7 percent in...
U.S. Chamber of Commerce Calls for Mediator in West Coast Port Labor Negotiations
The U.S. Chamber of Commerce is calling on President Biden to intervene in the ongoing labor negotiations between the Pacific Maritime Association (PMA) and...
Retailers: Falling U.S. Container Imports at Odds With Consumer Spending Growth
Despite a rise in consumer spending, U.S. container imports are expected to be 22% lower in the first half of 2023 compared to the...
U.S. Container Imports Continue to Track at 2019 Levels
Descartes Systems Group (Nasdaq: DSGX) (TSX:DSG) has published its latest June Global Shipping Report, highlighting the ongoing trends in U.S. container imports. The report...
Eversource Selling Stake in U.S. Offshore Wind Area to ØRsted
Danish energy company Ørsted has announced an agreement to acquire partner Eversource Energy’s 50 percent interest in a federal offshore wind lease area in...
Full Steam Ahead for U.S. LNG Exports
U.S. producers of liquefied natural gas (LNG) exported at top capacity in April for a second consecutive month, with over two-thirds of shipments bound...
Bollinger to Complete Berthing Barge Series for U.S. Navy
Bollinger Shipyards been awarded U.S. Navy contract for the detailed design and construction of the sixth Auxiliary Personnel Lighter–Small (APL(S)) 67 Class berthing and messing...
Valero Seeks U.S. Approval to Import Venezuelan Oil
Valero Energy Corp VLO.N, the second-largest U.S. oil refiner, is seeking Washington’s permission to import Venezuelan crude, according to four people close to the matter,...
U.S. Stocks Close Higher as Earnings Season Continues
U.S. stocks ended higher on Wednesday as more second-quarter earnings reports boosted investor sentiment. The Dow Jones Industrial Average rose 109.28 points, or 0.31...