Tommy R

U.S. Gasoline Drops Beneath $4 For The First Time Since March

The national average price of fuel in the U.S. dropped to $3.990 a gallon on Thursday, the American Automobile Association reported. This marks the first occasion on which the price of retail gas has dropped below $4 per gallon...

Russia to Resume Oil Flow to Central Europe as Outstanding Payment Settled

Russia is set to resume oil flows to central Europe after Hungary’s sole refiner settled a payment issue with regards to a transit fee to Ukraine. As a result, Russian crude-pipeline operator Transneft received confirmation from Ukraine that it...

Oil Slips Ahead Of Iran Nuclear Talks

Oil declined on Monday after posting its largest gain in over a week as investors expressed concern ahead of the US-Iran nuclear talks as well as an impending economic slowdown. West Texas Intermediate futures declined to $90 per barrel;...

Lyft’s Stock Up More Than 8% After Q2 Report Tops Estimates

The second quarter turned out to be about positives for the transport service platform Lyft. The company's reported Q2 earnings managed to top Wall Street estimates in a big way, sending Lyft stock 4.07% up on Thursday. The shares...

Airbus Won’t Deliver the Remaining A350 Planes to Qatar Airways

The beef between plane maker Airbus and airline Qatar Airways has reached another level. According to Reuters, Airbus decided not to honor Qatar Airways' original order for A350 - 1000 planes and won't deliver the remaining 19 jets. Qatar Airways...

Oil Fluctuates Ahead of OPEC+ Meeting

The price of oil has been fluctuating around $94 per barrel ahead of the next OPEC+ meeting in the coming days. This comes after oil closed at its lowest price in over five months. After slipping by 5% on Monday...
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