Los Angeles and Long Beach Ports Face Strike Deadline Today
The ports of Los Angeles and Long Beach face a potential strike involving maritime security workers as a contract extens …
Dockworkers Strike at More Than 100 Ports Worldwide Over Arms Shipments
Dockworkers launched coordinated strikes and protests across 113 ports in 22 countries on October 30, protesting militar …
IMF Warns Dwindling Energy Inventories Leave Global Economy Vulnerable to Further Disruptions; Diesel Shortages Set to Persist Through Q4; PHP Vulnerabilities Spark Global Cybersecurity Alert
Dwindling global oil inventories are leaving the global economy increasingly vulnerable to further energy supply disrupt …
U.S. SPR Drawdown Nears Threshold; U.S. Weighs Diesel Export Ban; Gulf Crude Oil Exports Approach Prewar Levels; U.S.-China Consider Tariff Cuts; Panama Canal Transit Costs Surge
The U.S. is in the process of releasing the final 40 million barrels of the 172 million barrels originally authorized as …
Shrinking Buffers Put Oil and Raw Materials at Greater Risk
Chevron CEO Mike Wirth warned that strategic reserves and commercial inventories are largely depleted, putting oil and r …
Shutdown of Saudi Oil Pipeline Removes 4% of Global Oil Supply
The Saudi Arabian East-West oil pipeline was shut down Friday after multiple drone attacks left it in flames. The shutdo …
