The charging points will be installed over the next three years in Rio de Janeiro, São Paulo and six other major cities under the Shell Recharge brand.

Seven coalition members have pledged supply curbs totaling about 900,000 barrels a day this quarter, in tandem with a 1 million-barrel reduction by group leader Saudi Arabia.

Held on February 5th - February 7th, 2024, at Caesars Forum, Manifest Vegas will provide unrivaled networking, learning and exploring opportunities for attendees.

If approved, the rule will apply to European companies that employ over 500 people and have a net worldwide turnover of at least 150 million euros ($162.45 million).

Since the start of 2024, the wholesale cost of fuel delivered to northwest Europe has jumped by 12% to just over $116 a barrel.

How can 3PLs provide their clients with outsourced logistics support in an operating environment characterized by increasingly scarce labor, unexpected and often disruptive events, and information overload?

The Chinese auto industry is also trending down after carmakers were forced to delay the delivery of some vehicles due to a production issue with computing units made by Huawei.

Overall, the report found most executives are feeling optimistic about business. Less than 10% of respondents expected sales to decrease year-over-year. 

Despite the diversions, lots of tankers — many hauling Russian oil — continue to ferry barrels through the waterway.