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Last week cargo giants Maersk (MAERSK-A.CO, MAERSK-B.CO) and German shipment company Hapag-Lloyd said they would pause voyages through the region until further notice.Goldman Sachs analysts ...
On Tuesday oil alliance OPEC maintained its prior forecast for global oil demand to grow by 2.2 million barrels per day in 2024. In March OPEC+ extended output cuts of 2.2 million per day into the ...
Fehrenbach, T. R. (2000). Lone Star: A History of Texas and the Texans. An enduring theme during and after the oil boom has been a reluctance among Texans to relinquish their identity and a stubbornness in maintaining their cultural heritage in the face of drastic changes to the state brought by the sudden wealth. Despite its growth and industrialization, Texas culture in the mid-20th century ...
Loaded 0%. Oil futures jumped nearly 3% on Monday after OPEC+ announced it would delay unwinding production cuts by a month and traders digested a new report that said Iran is planning a "strong ...
May 5 – A leak occurred in a relief line, at a Keystone Pipeline Terminal in Beaumont, Texas. About 18,500 gallons of crude oil were spilled. The cause seemed to be internal corrosion. [5] July 28 – A gas line explosion and fire occurred in Martin County, Texas, which injured four workers. A ditching truck hit an existing high-pressure gas ...
Spindletop is an oil field located in the southern portion of Beaumont, Texas, in the United States. The Spindletop dome was derived from the Louann Salt evaporite layer of the Jurassic geologic period. [2] On January 10, 1901, a well at Spindletop struck oil ("came in").
The session high was more than $80, highest this year so far. U.S. West Texas Intermediate crude futures climbed 66 cents, or 0.9%, to settle at $72.68, paring gains after touching a 2024 high of ...
1971 Telephone strike: 1971 nationwide 400,000 [6] 1970 General Motors Strike: 1970 nationwide 400,000 Textile workers' strike (1934) 1934 New England, Mid-Atlantic region and U.S. southern states: 400,000 Great Railroad Strike of 1922: 1922 nationwide 400,000 [7] 1955 Steel strike: 1955 nationwide 400,000 [4] 1949 US coal strike: 1949 ...