Offshore oil platforms are seen on April 20, 2020 in Huntington Beach, California. Oil prices were negotiated in negative territory for the first time as the spread of the coronavirus (COVID-19) affects demand. Michael Heiman | fake pictures Oil prices rose on Wednesday after a sharp drop in US crude …
Read More »Johnnie Walker whiskey will be sold in paper bottles starting next year.
Diageo will launch “100% plastic free” bottles of Johnnie Walker starting next year, the latest example of a major beverage maker trying to move towards more sustainable packaging ways. In a statement on Monday, the British firm said the bottle would be paper-based and “made entirely of wood of sustainable …
Read More »PepsiCo Shares Recover After Earnings And Revenue, Plan To Return $ 7.5 Billion To Shareholders
PepsiCo Inc. PEP Shares, + 0.33% A 1.8% recovery in pre-market trading rebounded on Monday, after the beverage and snack giant reported second-quarter earnings and revenues that fell less than expected as the snack and food business held steady. resistant in the midst of the COVID-19 pandemic. Net income fell …
Read More »United States squeezes Venezuela’s oil by putting pressure on shipping companies | News
Several companies that certify that ships are in a position to navigate and ship insurers have withdrawn services to oil tankers involved in the Venezuelan oil trade, as the United States targets the maritime industry to tighten sanctions in the Latin American country. U.S. sanctions have brought Venezuela’s oil exports …
Read More »OPEC meeting worries oil investors
Text size Joe Klamar / AFP via Getty Images OPEC + and its allies may be ready to start pumping more crude, and that prospect is sending shivers through the oil markets. Oil prices fell on Monday. Brent crude futures, the global benchmark, fell 1% to $ 42.80 a barrel …
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