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16 June 2021
10:44 hour

Oil skids as start of U.S. summer driving season fails to lift fuel demand

Investing.com

10/06/2021 - 06:01


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  1. Commodities Corner: ‘Summer scramble’ for gasoline on tap amid tank-truck driver shortage (29/04/2021 - Market Watch)
    Retail stations aren’t likely to suffer from a widespread shortage of gasoline, analysts say, despite all the talk lately about a lack of tanker drivers to deliver the fuel as demand ramps up for the summer driving season.
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  2. Commodities Corner: Why summer cooling demand and Atlantic hurricanes don’t guarantee further gains for natural-gas prices (03/06/2021 - Market Watch)
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  4. Commodities Corner: Diesel demand charges ahead, as gasoline, jet fuel look to play a slow game of catch up (12/02/2021 - Market Watch)
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  6. Six Flags called a compelling stock into the summer season (21/05/2021 - Seeking Alpha)

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  7. Cedar Fair preps for summer recovery season (12/03/2021 - Seeking Alpha)

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  8. Thoughts on CCL for the Summer... (02/05/2021 - Reddit Stocks)
    I am thinking about summer Calls and buying shares for CCL. I wanted to see what others are thinking about the stock. One thought I had was the fact that they scrapped a lot of ships early in the pandemic. Will this cause a problem for them if demand rises? I think so.   submitted by   /u/turkeyremis [link]   [comments]
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  9. Disinvestment fails to take off this fiscal year; govt manages only 10% of target (15/03/2021 - Financial Express)
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  10. : Summer travel is back, but will it be enough to boost flagging U.S. airlines? Probably not, analysts say (29/05/2021 - Market Watch)
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  11. Crude Oil Price outlook (04/05/2021 - Reddit Stock Market)
    Crude oil prices increased over the past 24 hours, managing to brush aside a deterioration in market sentiment during the Wall Street trading session. The growth-linked commodity is quite sensitive to the broader underlying fundamental dynamics driving global stock markets. Developments on Monday likely pointed to specific supply and demand factors for energy prices. For one thing, the European Commission announced that the EU is planning on easing restrictions for vaccinated travelers over the summer. This likely brought up prospects of future demand for crude oil. Ihsan Abdul Jabbar, the Iraq's oil minister, noted that oil could probably remain around US$65 a barrel.   submitted by   /u/Suitable_Ad_7286 [link]   [comments]
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  12. : ThredUp CEO says the company can look forward to wedding season, closet refreshes and growing interest in resale (14/05/2021 - Market Watch)
    Core categories like dresses and handbags will get a post-COVID boost with dresses already getting a 20% lift, the company says.
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  13. : ThredUp CEO says the company can look forward to wedding season, closet refreshes and growing interest in resale (14/05/2021 - Market Watch)
    Core categories like dresses and handbags will get a post-COVID boost with dresses already getting a 20% lift, the company says.
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  14. Therese Poletti's Tech Tales: It’s time for Elon Musk to start telling the truth about autonomous driving (25/05/2021 - Market Watch)
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  15. : Travel giant TUI bets on summer vacations as COVID-19 vaccines boost a surge in bookings (09/02/2021 - Market Watch)
    Average holiday prices are 20% up on the pre-pandemic season of 2019.
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  16. Lordstown Motors stock skids 7.9% after forecasting higher expenses (24/05/2021 - Seeking Alpha)

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  17. Asian stocks slip as global rally skids on inflation fears (23/02/2021 - Investing.com)

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  18. Electric vehicle Volkswagen embraces lidar for autonomous driving technology - VWAGY and possible IPO of Argo AI (12/05/2021 - Reddit Stocks)
    Tesla has been dismissive of lidar technology for its autonomous technology development. What has been the result? Forget Tesla: Experts Say These 4 Tech Companies Are The Future Of Self-Driving Cars WE WERE PROMISED SELF-DRIVING CARS before the end of the last decade, and those predictions are turning out to be wildly, hilariously wrong. But things may be catching up — and the loser of the pack, according to Sam Abuelsamid of Guidehouse Insights, is Tesla, which may surprise droves of Elon-stans. And: The report specifically calls out Argo’s testing on highways in Miami. “Highway driving capability will enable Argo-powered AVs to expand operating domains to more areas of the regions they serve,” says the report. It does note that Argo AI has not shown off its autonomous tech with public ride testing as Waymo has. On the other hand, electric vehicle maker Volkswagen is embracing lidar for autonomous driving technology. VW Plans to Have Autonomous Microbus Ready for Roads in 2025 Volkswagen AG plans to offer a highly automated version of the hippie-era microbus it’s reviving as an electric van as the carmaker commercializes self-driving technology along with startup Argo AI. VW is preparing an ID.Buzz with Level 4 autonomy -- meaning the vehicle can drive itself under certain conditions -- to be ready for commercial transport of people and goods for 2025. It’s testing Argo AI’s technology at six U.S. locations and will expand to a site in Munich this year to further refine the system. And: VW stepped up its efforts in the space when it invested in and teamed with Argo while broadening an alliance with Ford in 2019. Europe’s largest automaker put its van unit in charge of the collaboration, as it’s betting self-driving technology can be rolled out for commercial use in designated areas faster than with passenger cars on public roads. VW will start testing its Argo AI-powered self-driving vans in Germany this summer Volkswagen will start testing its new autonomous vehicles in Germany this summer, the company announced Wednesday. The German automaker’s electric ID Buzz vans will use hardware and software developed by Argo AI, a Pittsburgh-based startup that is backed by Ford and VW. The aim is to launch a commercial delivery and micro-transit service in Germany by 2025. And: “We’re building our technology and partnering with Volkswagen in a way that really sets us apart from what others are doing,” [Argo AI CEO Bryan Salesky] said. “And we think it really puts us in a position to deliver a safe, smart, and scalable product to deliver on the promise of autonomous driving.” Oh, and this lidar startup Argo AI may be considering a traditional IPO or reverse merger later this year: Argo AI CEO Salesky Sees US Deployment of Autonomous Vehicles, Plots IPO   submitted by   /u/Torlek1 [link]   [comments]
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  19. Fuel Cells & 3D Printing (07/05/2021 - Reddit Stocks)
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  20. What would be the best stocks to invest in for this supposed fuel shortage (13/05/2021 - Reddit Stocks)
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  22. Stable property prices, NRI demand fuel demand for luxury housing (03/03/2021 - Financial Express)
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  24. Business continuity, employee health & digital connectivity fuel demand for data centres (18/05/2021 - Financial Express)
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  25. Intuit cuts FQ2 estimates after late tax season start (09/02/2021 - Seeking Alpha)

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  26. Futures Movers: Oil aims for 3-day win streak on demand optimism (29/04/2021 - Market Watch)
    Oil futures are on track for a third straight gain Thursday, boosted by optimism over the summer demand outlook despite surging COVID cases in India.
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  28. H&R Block Q3 revenue declines, hurt by delayed start to U.S. tax season (09/03/2021 - Seeking Alpha)

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  29. European Stocks Edge Lower; Earnings Season Set to Start (12/04/2021 - Investing.com)

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  30. Portfolio Opinions? (17/05/2021 - Reddit Stock Market)
    Hi guys! After some time looking for places to buy stocks, I finally found one (Revolut) to buy stocks until Trading212 opens up registrations again. I am now starting to build up my portfolio. I want two things from my portfolio. Growth + Dividends. Now, I do not have enough capital for a good dividend but I have to start somewhere, right? I bought some stocks for like $100 to try it out and shape out my portfolio at least now. I can change it later on but I wanted your opinions as well. The stocks I hold now; Amazon - AMZN Google - GOOGL Coca-Cola - KO Tesla - TSLA United Airlines - UAL What do you think with this lineup? I know I have said growth + dividend but I wanted to go with the big guys, as well. I am thinking of adding 3M here for dividend and maybe also P&G? Not sure. What do you think? What should I add or remove? I bought UAL because I think the airline stocks will skyrocket once the summer comes and most of the restrictions lift.   submitted by   /u/atahanaslan [link]   [comments]
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  31. : What time does the ‘WandaVision’ season finale start streaming on Disney+? (04/03/2021 - Market Watch)
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  32. Commodities Corner: Oil prices trade near 2-year high, but ‘jury is still out’ on demand recovery (04/06/2021 - Market Watch)
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  33. Arrival Unveils Electric Van Taking to Public Roads This Summer (03/03/2021 - Reddit Stocks)
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  34. Economic Report: Americans have a few trillion in savings to keep the the economy going strong (29/04/2021 - Market Watch)
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  35. Oil prices climb on signs of strong fuel demand recovery (09/06/2021 - Investing.com)

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  36. PBF Energy expects to run at higher rates in Q2 as fuel demand improves (29/04/2021 - Seeking Alpha)

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  37. U.S. gasoline builds while demand ticks lower as refiners await summer (10/06/2021 - Seeking Alpha)

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  38. JetBlue to start flying from New York to London in late summer (19/05/2021 - Seeking Alpha)

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  39. Oil edges lower as COVID-19 restrictions in Asia fuel demand concerns (17/05/2021 - Investing.com)

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  40. MHA asks states, UTs to conduct fire safety review of hospitals, nursing homes (05/05/2021 - Financial Express)
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  41. : Another above-normal hurricane season is expected — here’s how climate change intensifies storms and how you can prepare (01/06/2021 - Market Watch)
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  42. Thoughts on OIH and XLE moving into the summer months? (12/05/2021 - Reddit Stocks)
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  43. Magellan Midstream sees spring fuel demand rising past 2019 levels (30/04/2021 - Seeking Alpha)

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  44. 8 tips to help cut your car’s fuel costs (29/03/2021 - The Motley Fool UK)
    If you’re looking to cut fuel costs, you’re in good company. According to Nimblefins, British households spend an average of £22.30 per week (or over £1,000 a year) on petrol, diesel and other motor oils. Leasing firm Car Lease Special Offers recently shared some easy driving and car care tips to help drivers reduce fuel consumption and money spent on driving. “We know a lot of people are looking to save money right now and these simple hacks are a great way to cut costs at the petrol pump,” says marketing manager Will Bullen.  Let’s take a look at their recommendations. 1. Avoid idling Perhaps the easiest thing you can do to cut fuel costs is to turn the engine off when you’ll be stationary for a long time. This includes times when you’re stuck in traffic, waiting to pick somebody up or warming up your engine before a winter drive. Between 5% and 8% of fuel use occurs while idling. It can also cost you money in penalties, as UK drivers can be fined for stationary idling. 2. Check your tyre pressure every month Underinflated tyres can increase fuel consumption by up to 5%. And the more you drive, the more often you should check tyre pressure. As a rule, you should check tyre pressures about once a month.  3. Respect the speed limit Not only is this safer for you and other drivers on the road, but maintaining a steady speed also saves fuel. In fact, fuel efficiency is at its best when you’re driving at around 50mph. Go faster than that and your engine has to work harder, using up more fuel. On long roads and motorways, use cruise control if you can to avoid acceleration. 4. Unload your car Don’t use your car as a storage unit. The heavier your car is, the more fuel it uses every time it moves. You can cut fuel costs by lightening your load. That means removing roof racks or roof boxes and any other non-essential equipment you might be carrying around. 5. Drive smoothly Accelerating and braking constantly uses a lot of fuel. This means not only braking for traffic lights but also slowing down to go over speed bumps. If you anticipate a stop-start journey in heavy traffic, slow down and drive at a steady 15 to 20mph to keep the vehicle rolling. 6. Pick open windows or air conditioning carefully It’s hard to win this one. Open windows cause vehicle drag (and higher fuel consumption) when you’re driving at fast speeds (over 40mph). But running your air conditioning also increases fuel consumption significantly. The compromise? You can cut fuel costs by opening the window if you’re driving slowly but using the air con on journeys when you’re driving faster. 7. Service your vehicle regularly Learning to conduct your own regular car checks will alert you to problems and help you keep your car in good condition. You should also service your car regularly to make sure there are no hidden issues. This includes making sure your air filters aren’t dirty, as this makes the engine work harder and uses more fuel.  Well-maintained vehicles are also less likely to experience mechanical failure and, potentially, accidents. This means you won’t have to put claims through your car insurance and you’ll end up saving more (no excesses, no increased premiums). 8. Drive less If you have no choice but to drive, combine trips. Once you’re out and the engine is warm, run several errands at once. When possible, choose public transportation, walk or ride your bike. Cutting down even one trip per week can save you a significant amount of fuel over a period of months. “This Stock Could Be Like Buying Amazon in 1997” I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner. But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared. What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations. And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool. Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! More reading At over 400p, this is what I’m doing with my Aviva shares FTSE 100: these 5 shares have crashed since Christmas! Which do I like today? Best stocks to buy now: I think these 2 FTSE 100 shares are too cheap Arrival achieves impressive IPO share price! SPAC speculation or prime equity? 3 of the best stocks to buy now in the FTSE 250 The post 8 tips to help cut your car’s fuel costs appeared first on The Motley Fool UK.
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  45. Uber gets bullish start as Nomura sees scale driving profitability (20/04/2021 - Seeking Alpha)

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  46. Petrol, diesel prices to fall? Centre may cut auto fuel taxes by Rs 5/litre, says BofA (24/02/2021 - Financial Express)
    The brokerage firm has raised its RBI open market operations forecast by $9 billion to $48 billion, with oil imports driving up the current account deficit.
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  47. Papa John's about to take a hit (overwhelmed by Corona / Summer / Weekend demand? or something more sinister...) (17/04/2021 - Reddit Stock Market)
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  48. Fuel taxes debate: Raj dharma or opposition dharma? (25/02/2021 - Financial Express)
    The price of lower fuel taxes is losing revenue that funds welfare projects. The poor will lose from any move to cut fuel taxes
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  49. Gujarat: Summer vacation for schools from May 3 to June 6; new academic session to start next month (03/05/2021 - Financial Express)
    The state's education department through notifications of February 4 and March 23 last year had announced that academic session will start from June to April as followed by the Central Board of Secondary Education (CBSE).
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