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Oil prices increase amid decline in US crude inventories

August 22, 2018 Energy 0

Oil prices rose on Wednesday as U.S. crude inventories declined amid concerns over the potential impact on global supply from the upcoming U.S. sanctions on Iran.The post Oil prices increase amid decline in US crude inventories appeared first on NASDAQ.

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UBS repeats: Tesla will lose money on $35,000 Model 3

August 21, 2018 Energy 0

After recently pulling apart a Model 3 and comparing its quality and estimated costs with two competitors, UBS said Tesla will never be able to make money at the $35,000 the company originally planned to charge for an entry-level model.The post UBS rep…

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ConocoPhillips, Venezuela’s PDVSA reach $2 billion settlement over seized oil projects in the Caribbean

August 21, 2018 Energy 0

More than a decade ago, Venezuela seized several oil projects from ConocoPhillips without compensation. But ConocoPhillips recently announced that the Venezuela state oil company will pay a $2 billion judgment over nearly five years as a way of making …

The post ConocoPhillips, Venezuela’s PDVSA reach $2 billion settlement over seized oil projects in the Caribbean appeared first on NASDAQ.