News
Gasoline costs take a slight dip after oil prices fall
Houston-area fuel costs remain flat, but the national average price for gasoline fell by nearly 2 cents in the past week because of plummeting oil prices. Record high storage levels of crude in the U.S. last...
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Kuwait backs extending OPEC production cuts beyond June
Kuwait wants OPEC to extend output cuts beyond June, becoming the producer group’s first member to call for more time to balance the global oil market as the rally that boosted prices initially on the...
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Oil executives confident that future is bright
Oil prices are down nearly 10 percent over the past month, leading some to wonder if we’re set for a resumption of the plunge seen between 2014 and early 2016. Executives at oil companies, however,...
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Dow CEO: Chemical sector started manufacturing boom that can continue under Trump
The shale boom offered a “lease on life” for the petrochemical sector to create new manufacturing in the U.S., and a broader manufacturing boom could continue under President Donald Trump, said Andrew Liveris, the longtime...
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On NAFTA, Trudeau emphasizes mutual dependence
With President Donald Trump promising to renegotiate NAFTA, Canadian Prime Minister Justin Trudeau said any deal would reflect the degree to which the two economies are dependent on one another. “Canada is very aware of...
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