F1: Ferrari (NYSE:RACE) Agrees to Engine Freeze

F1: Ferrari (NYSE:RACE) Agrees to Engine Freeze

#Ferrari #F1 #engine #restrictions $RACE Ferrari (NYSE:RACE) will support a freeze on F1 engine restrictions starting in Y 2022, team Boss Mattia Binotto said Thursday, which enables Red Bull to use their Honda power units even after the Japanese manufacturer leaves the sport. Honda (NYSE:HON) which exclusively supplies Red Bull and team AlphaTauri, is set […]

Midwest in Deadly Deep Freeze

Midwest in Deadly Deep Freeze

The deadly deep freeze grasping the Midwest sent temperatures plunging Wednesday to rival some of the coldest places in the world, triggering widespread closures of schools and businesses, and the canceling of more than 1,600 flights to and from Chicago’s airports. The US Postal Service even took the rare step of suspending mail delivery across […]

America’s Mid-west in a Deep Freeze, Global Warming?

America’s Mid-west in a Deep Freeze, Global Warming?

President Trump took a jab at global warming late Monday, urging it to “come back fast” as temperatures are set to dip to way below freezing in the Midwest. “In the beautiful Midwest, windchill temperatures are reaching minus 60 degrees, the coldest ever recorded,” President Trump tweeted. “In coming days, expected to get even colder. People […]

OPEC Back in Business, the Market is Sceptical

OPEC Back in Business, the Market is Sceptical

OPEC Back in Business, the Market is Sceptical $OIL, $USO Crude Oil plummets to a 1-month low following the conclusion of the weekend’s 2-day informal technical OPEC meeting Familiar concerns have emerged about OPEC’s willingness and ability to cut production in order to push prices higher OPEC’s output accord in Algiers last month was initially […]

Freeze Speculators Hammered, Crude Oil Prices Head Due South

Freeze Speculators Hammered, Crude Oil Prices Head Due South

Freeze Speculators Hammered, Crude Oil Prices Head Due South $USO, $OIL Crude Oil prices seeing a steep fall in early Monday morning Asian trading hours after talks ended in Doha, Qatar with no agreement on capping production, could touch 26 bbl (or lower) near term This is an extremely Bearish scenario with the 1998 lows […]

Any Deal To “Freeze” Crude Oil Production To Have Limited Impact

Any Deal To “Freeze” Crude Oil Production To Have Limited Impact

Any Deal To “Freeze” Crude Oil Production To Have Limited Impact A deal to freeze Crude Oil production by OPEC and non-OPEC producers will have a limited impact on global supply and markets are unlikely to rebalance before Y 2017, the International Energy Agency (IEA) said Friday. The IEA, which oversees the energy policies of […]