Oil’s prologue likely to be a harbinger of worse things to come
The effects of the fall in the oil price are still only beginning to work through. All we have seen so far is the prologue to what are likely to be more dramatic events in 2016.
Archive for year: 2016
U.S. voices ‘concerns’ over Saudi Arabia executions
Saudi Arabia remains one of the United States’ most crucial allies in the Middle East, a longstanding relationship built on oil money and national security interests.
Faraday Future unveils Batmobile-like electric concept car at CES
The wait is over. Faraday Future, the secretive Chinese-backed Gardena automaker, finally unveiled its first concept car at CES: a sleek, silver-and-black Batmobile-esque electric vehicle called the FFZERO1.
Iran says its planned boost in oil exports won’t harm market
Iran is trying to regain its lost share of global crude sales and has no intention of harming the oil market with its planned increase in production once sanctions are lifted from its economy, Oil Minister Bijan Namdar Zanganeh said.
The dirty truth about ‘clean diesel’
Volkswagen played a leading role in convincing people to accept a technology that in many countries is causing a precipitous decline in air quality for millions of city-dwellers: the diesel engine.
Can Tesla sell enough cars until the Model 3 arrives?
Two years before the release of Tesla’s long-awaited $35,000 Model 3, Tesla finds itself at another crossroads that may threaten the company’s welfare.
DOJ seeking billions from Volkswagen, Audi and Porsche in new lawsuit
The Justice Department has filed a federal lawsuit against Volkswagen, Audi and Porsche that seeks billions of dollars in penalties over claims that the car companies installed devices to deliberately misreport emissions.
Expert: Oil may fall to $18 amid Saudi-Iran tensions
Oil prices could break below $20 this year as tensions rise between Iran and Saudi Arabia, two of the world’s largest oil players, Again Capital founding partner John Kilduff said Monday.
Oil prices volatile as investors gauge dispute between Iran and Saudi Arabia
Oil prices rose sharply on Monday before reversing course amid a growing sectarian conflict between Saudi Arabia and Iran.
