Author name: David Ryabchikov

EVs overtake monthly gasoline car sales for first time in China

EVs overtake monthly gasoline car sales for first time in China

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Chinese consumer electric vehicle sales rose 28.6% year-on-year in July to overtake sales of internal combustion engine vehicles for the first time in history, the China Passenger Car Association said on Thursday. This represented an EV penetration rate of 51.1%, which officially means that EVs are going mainstream over gasoline vehicles in the world’s largest […]

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Oil steadies decline despite US equity joining Monday selloff

Oil steadies decline despite US equity joining Monday selloff

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Oil prices are sinking just less than 3% on Monday, with US markets taking over the sour tone from Asia and Europe in its first day of trading for this week. The Japanese stock market performance was a sign on the wall with its worst performance since… https://www.fxstreet.com/news/oil-sinks-despite-geopolitical-turmoil-overhang-202408051030

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Green Economy Will Drive Diversification, Create Jobs – SEC DG

Green Economy Will Drive Diversification, Create Jobs – SEC DG

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ABUJA – Transitioning to a green economy has been identified as one of the avenues for diversifying Nigeria’s economy base, job creation, reducing dependence on fossil fuels and enhancing resilience against global oil price volatility. The Director-General of Securities and Exchange Commission (SEC), Dr. Emomotimi Agama, stated this while speaking as the guest speaker at

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Heat on olive oil producers after a difficult season as growers offer consumers an important tip

Heat on olive oil producers after a difficult season as growers offer consumers an important tip

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In short: Australian olive growers have had a patchy season due to poor weather and impacts from pests.  The shortfall could make the already competitive olive oil market even tighter. What’s next? Some olive growers are turning away customers to make their supply last longer. Australian growers have had a difficult olive season, contributing to

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