Text size Nvidia’s A100 chips ae used in data centers for high-performance applications such as artificial intelligence. Courtesy NVIDIA Nvidia can’t catch a break. Late Wednesday, the chip make...
Tag: Exports
Rystad Energy, Enverus See Booms In LNG And CCUS Investment Coming
LNG (Liquefied natural gas) tanker Rudolf Samoylovich, sailing under the flag of Bahamas, moors at … [+] the dock of the Montoir-de-Bretagne LNG Terminal near Saint-Nazaire, western France, on M...
OPEC+ Quotas And Seinfeld Car Rentals
JEDDAH, SAUDI ARABIA – JULY 15 US President Joe Biden (L) being welcomed by Saudi Arabian Crown … [+] Prince Mohammed bin Salman (R) at Alsalam Royal Palace in Jeddah, Saudi Arabia on July...
Once Unimaginable, Oil Flirts With Being Top U.S. Export
Significant increases in the price of oil on global markets has propelled both refined petroleum and … [+] oil to leading roles as U.S. exports in 2022. ustradenumbers.com Oil is flirting with b...
Ukraine Reportedly Strikes Deal With Russia To Resume Grain Exports Amid Fears Of Food Crisis
Topline Ukrainian officials say they have reached a deal with Russia, Turkey and the United Nations Friday to lift a Russian naval blockade, allowing millions of tons of stockpiled Ukrainian grain to ...
European Union Bans Russian Gold Exports In Latest Sanctions Package
Topline The European Union appears to have approved bans on Russian gold exports and an asset freeze of the Russian state-owned SberBank as part of its latest round of sanctions against Russia in resp...
Biden Under Pressure To Restrict Oil Exports For All The Wrong Reasons
WASHINGTON, DC – JULY 16: President Joe Biden takes reporters questions on the south lawn of the … [+] White House on July 16, 2022 in Washington, DC. President Biden just returned from vi...
‘Gasoline’ Exports Likely To Smash 2013 Record Easily
U.S. exports of gasoline and other refined petroleum products are setting a record pace in 2022, … [+] through May. ustradenumbers.com With prices for gasoline still elevated, U.S. exports of re...
A Texas Natural Gas Pipeline Highlights America’s Energy Conundrum
US President Joe Biden, flanked by European Commission President Ursula von der Leyen, makes a … [+] statement about Russia at the US Chief of Mission residence in Brussels, on March 25, 2022. (...
Top 10 U.S. Export Partners Tells A Different, Less Asian Story
Canada and Mexico alone accounted for one-third of all U.S. exports through the first four months of … [+] 2022, the latest data available from the U.S. Census Bureau. ustradenumbers.com Last ye...
Aviation Hits New Low, Ranks As 4th-Leading U.S. Export In 2022
Boeing 737 Max jets sat parked at Boeing Field in Seattle in late 2020, just after being granted FAA … [+] approval to fly again. The Boeing jets had been grounded for 20 months after two deadly...
Crops At Risk In Ukraine And For Its Food Import Partners
ZAPORIZHZHIA REGION, UKRAINE – APRIL 08, 2022 – A farmer wears a bulletproof vest during crop sowing … [+] which takes place 30 km from the front line, Zaporizhzhia Region, southeast...
China’s Electric Car Exports More Than Double, Mostly to Europe
(Bloomberg) — China’s shipments of cars rebounded in May, with electric vehicle exports more than doubling, as Covid lockdowns gradually ended. Most Read from Bloomberg Car manufacturers in Chin...
Russia again cuts natural gas exports to European countries
Russia reduced natural gas to Europe again Friday, including cutting flows by half to Italy and Slovakia and completely to France, as countries have worked to ease their dependence on Russian supplies...
Russia Widens Attack On Food With Bombing Of Train Bound For José Andrés’ World Central Kitchen
A dozen pallets of meat, two pallets of fresh vegetables, three pallets of fruit. There was fish, pasta, buckwheat and sugar. All on the way to needy families in Ukraine. All destroyed. A Russian miss...
Russia, Ukraine Both Suffer Worst April In Two Decades For U.S. Trade
Newly released U.S. Census Bureau data shows that in looking at the month of April over the last two … [+] decades, both Russia and Ukraine suffered the steepest losses from March this year. Apr...
Russia Is in Topsy-Turvy World Where Belarus Tops German Exports
(Bloomberg) — Russian efforts to rewire trade flows and bypass sanctions for the war in Ukraine can’t make up for the collapse in imports that’s crippling its economy. Most Read from Bloomberg O...
Why Gasoline Prices Are Only Going Higher From Here
FILE – The gasoline price board is shown at a gas station in Menlo Park, Calif., March 21, 2022. A … [+] majority of Americans say they don’t blame President Joe Biden for high gasol...
Oil under pressure to start the week, as Saudis drop prices, China exports slump
Crude tracked a selloff in global assets on Monday, with the commodity pressured as Saudi Arabia slashed cut prices for Asian customers and elsewhere, and China reported sharply weaker export data. Pr...
What Is Each State’s Most Common Import And Export?
Los Angeles CA – Thousands of containers are unloaded from a ship at the Ports of Los Angeles and … [+] Long Beach. (Allen J. Schaben / Los Angeles Times via Getty Images) Los Angeles Time...
-1.4% GDP Just Reminds Us of the Abject Stupidity of GDP
“Macroeconomics is a tautology and a myth, a dangerous one at that, sustaining the illusion that prosperity is necessarily linked with territory, national units, and government spending in general.” –...
U.S. Natural Gas Prices To Spike As Exports Boom
Meet Europe, the newest and unlikeliest star on the LNG stage. Europe recently had to reconsider its emissions-cutting ambitions in light of the danger of an unprecedented energy crunch. U.S. natural ...
China’s Exports to Russia Slump After Ukraine Invasion
(Bloomberg) — China’s exports to Russia slumped in March after the invasion of Ukraine even as shipments to other nations grew quickly, indicating Chinese companies are likely being cautious abo...
Russian Oil Exports Are Forced on Longer Voyages to Find Buyers
(Bloomberg) — Russia’s crude oil exports, a key source of revenue for Vladimir Putin’s regime, are showing no signs that they are starting to crumble amid the disappearance of European buyers. M...
Ukraine Corn, Wheat Exports Will Plummet Further, U.S. Says
(Bloomberg) — The U.S. continued to slash estimates for Ukraine’s grain exports as sea routes were curbed following Russia’s invasion. Most Read from Bloomberg Ukraine’s corn exports will drop b...
U.S. Imports, Exports Jump 20% To Shatter 2021 Records
The price of a barrel of oil is a major factor in record overall export and imports thus far in … [+] 2022. AFP via Getty Images U.S. trade is up more than 20% over the 2021 record pace, accordi...
Cancellation Of Keystone XL Comes Back To Haunt America
“keystone pipeline protestors in silhouette with man holding ‘NO XL’ sign, panoramic frame (XXXL)” getty The Wall Street Journal carried a report on Tuesday detailing meetings ...
Biden’s Commitment For US LNG To Supply Europe Faces Strong Headwinds
European Commission President Ursula von der Leyen listens as President Joe Biden speaks about the … [+] Russian invasion of Ukraine, at the U.S. Mission in Brussels, Friday, March 25, 2022, in ...
Russian Invasion Reducing Ukraine’s Grain Exports To A Trickle, Agriculture Minister Warns
Topline The ongoing conflict in Ukraine is making it progressively more difficult for the country to export grain, Ukrainian Agriculture Minister Mykola Solskyi said in a televised briefing Saturday, ...
Russia Considers BTC Payments For Energy Exports
After Ukraine legalized cryptocurrency in the country, Russia is also considering going the same route, by considering BTC payments for its energy exports. After Ukraine, Russia Considers BTC Payment...
Russia May Accept Bitcoin for Gas Exports, Lawmaker Says – Bitcoin News
Russia is moving away from the dollar and the euro as payment options for its energy exports, and bitcoin has been mentioned as a possible substitute alongside the ruble and the national currencies of...