Tesla’s Cheapest Model Y Is No Longer Available | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Feb 22, 2021, 12:30 PM CST Tesla has removed the cheapest version of its Model Y from its website and configurator, weeks after launching the ‘Standard Range’ and days...Continue Reading

The market is likely underestimating the impact from an unprecedented polar blast that hit the central U.S. last week, while some 40 million barrels of February oil output, largely from the Permian basin, will not be produced due to the recent Texas freeze. SourceContinue Reading

A major crisis was narrowly averted Sunday over Iran’s nuclear facilities and the planned booting of IAEA inspectors from key sites, scheduled according to a prior Iranian parliament decision for Feb. 21. Tehran reached a last-minute agreement with the UN nuclear watchdog, now being described as a temporary “technical understanding” to keep the inspections going for...Continue Reading

Bradesco BBI, BTG Pactual, Credit Suisse, JPMorgan, Nau Securities, Santander, Scotiabank and XP Investimentos cut their ratings on the shares after Brazilian President Jair Bolsonaro on Friday decided to fire the oil company’s CEO following a spat over hikes in fuel prices and moved to appoint Joaquim Silva e Luna, a former army general, as...Continue Reading

Oil Prices Spike As U.S. Outages Tighten Supply | OilPrice.com Julianne Geiger Julianne Geiger is a veteran editor, writer and researcher for Oilprice.com, and a member of the Creative Professionals Networking Group. More Info Premium Content By Julianne Geiger – Feb 22, 2021, 11:00 AM CST Oil prices rebounded again on Monday, with WTI shooting...Continue Reading

Iraq Pauses Massive Prepaid Oil Deal With China As Prices Soar | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Feb 22, 2021, 10:30 AM CST Iraq has put on hold an oil supply deal with a Chinese company that featured an advance payment of several...Continue Reading

Investment In Battery Tech Exploded In 2020 | OilPrice.com Premium Content By Robert Rapier – Feb 22, 2021, 10:00 AM CST Last fall Swedish lithium-ion battery maker Northvolt announced that it had raised $600 million in equity to invest in capacity expansion, research and development, and large-scale recycling. The capital raise included institutional investors Baillie...Continue Reading

Brazil President Ousts Petrobras CEO | OilPrice.com Irina Slav Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry. More Info Related News By Irina Slav – Feb 22, 2021, 9:30 AM CST The President of Brazil, Jair Bolsonaro, ousted Petrobras chief executive Roberto Castello Blanco,...Continue Reading

Airlines Slammed By Soaring Jet Fuel Prices | OilPrice.com Irina Slav Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry. More Info Premium Content By Irina Slav – Feb 22, 2021, 9:00 AM CST Jet fuel prices hit a 13-month high last week as oil...Continue Reading

The Senate ultimately is still expected to confirm Haaland, but the slim control Democrats have means Haaland needs every vote she can get. Joe Manchin, the West Virginia Democrat who is chairman of the committee considering her nomination, threw into doubt the fate of another Biden nominee last week. SourceContinue Reading