Reported about 14 hours ago
This week, attention turns to oil service companies as they report earnings amid a slowdown in US drilling, with Halliburton and Baker Hughes in focus. The decline in oil demand is prompting refinery closures in both Europe and the US, while UK ethanol producers face challenges from a recent US trade agreement. Additionally, rising aluminum prices due to new tariffs are impacting costs for American consumers. Meanwhile, clean energy developers are racing to finish projects before tax credits expire, anticipated to cause a significant drop in installations post-2027.
Source: YAHOO