Jack Wittels
Reporter at Bloomberg News
Oil, shipping, climate journalist at Bloomberg @business. Opinions mine, retweets&likes≠endorsements. Follow weblink below & hit 'follow' for stories via email.
Articles
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1 week ago |
bloomberg.com | Jack Wittels
A ground crew worker removes a fuel pipe from passenger aircraft on the tarmac at Vienna International Airport. (Bloomberg) -- Europe’s skies are busier than before the Covid pandemic, a boon for the region’s fuel-supplying oil refiners. Flights averaged almost 33,000 a day last week, a 2% increase on 2019, according to a report from Eurocontrol. That comes amid a slump in oil prices as the OPEC+ alliance adds supplies to the market and US tariffs threaten the global economy.
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2 weeks ago |
bloomberglinea.com | Jack Wittels |Alex Longley |Yvonne Yue Li |Nathan Risser
Bloomberg — La industria de chatarra de cobre de Estados Unidos se apresura a mover los suministros acumulados a China una vez que las dos superpotencias han suspendido temporalmente su conflicto comercial. La tecnología atómica de Corea del Sur acapara la atención internacional. Y el deseo del secretario de Salud estadounidense, Robert F. Kennedy Jr., de cambiar la dieta podría repercutir en la cadena alimentaria global. Ver más: EE.UU.
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3 weeks ago |
bloomberg.com | Jack Wittels |Anna Shiryaevskaya
Steam rises from a stack. Photographer: Akio Kon/Bloomberg(Bloomberg) -- Egypt is buying large amounts of oil to run its power plants as the high cost of natural gas redraws the Middle East country’s purchases of energy feedstocks. State-owned Egyptian General Petroleum Corp. recently issued a tender for just under 2 million tons of fuel oil for delivery this month and next.
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4 weeks ago |
bloomberg.com | Jack Wittels
Destruction at the port in Hodeida in Yemen, on May 6. (Bloomberg) -- President Donald Trump’s announcement this week that the US would stop bombing Yemen’s Houthi rebels should have been good news for the dozens of seafarers who’ve been stuck off the country’s coast for weeks. But the reality is much less certain.
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1 month ago |
bloomberg.com | Jack Wittels |Weilun Soon
A container ship docked at the Port of Oakland in California. (Bloomberg) -- The US plans to start charging large Chinese ships millions of dollars to call at its ports, deepening the trade war between the world’s two largest economies. China is one of the biggest players in global shipping, so a significant portion of the merchant fleet that carries more than 80% of world trade needs to grapple with the changes.
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Our explainer on what the recently announced USTR measures -- aka, US fees on Chinese and some other vessels -- mean for shipping and trade. Top takeaway: Only 7% of US port calls by internationally trading ships impacted Free to read: https://t.co/A1HeAZiLrS
Big news for the Atlantic gasoline market: maintenance at the Dangote refinery's huge RFFC unit. Free to read: https://t.co/izBoekQYLn
The US has pulled out of global climate talks, where nations are trying to forge an agreement to make ships pay for their emissions. Free read: https://t.co/qBVEPlaQQb