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Making sense of ultrapar's run-up and why it's still a buy

Brazilian holding company Ultrapar has seen a resurgence in its share price due to expected improvements in gross margin and recent financial delevera...

July 4, 2023, 3:08 am

Tesla gears up for battle with gasoline cars

Tesla is using price cuts to expand aggressively while old-school autos remain profitable, but the two can't stay in separate bubbles forever....

July 3, 2023, 9:29 am

Tesla's second quarter sales and deliveries rise as tax credits fuel demand

Incentives and price cuts made Tesla electric cars cheaper than comparable gasoline models. But the com...

July 2, 2023, 1:53 pm

Tesla sales surge as tax credits fuel demand

Incentives and price cuts made Tesla electric cars cheaper than comparable gasoline models. But the com...

July 2, 2023, 12:16 pm

Us weekly crude oil inventories -9.603 million versus -1.757 million estimate

Prior was -3.831 millionCrude oil -9.603 million versus -1.757 million estimategasoline 0.603 million v...

June 28, 2023, 2:30 pm

Oil prices inch up as u.s. crude and gasoline stocks decline

Oil Prices Inch Up as U.S. Crude and gasoline Stocks Decline In today’s ever-changing energy market, ...

June 28, 2023, 2:07 pm

Russia's energy ministry says gasoline exports down 30% in june from may

Statement from Russian Energy Ministry via Reuters:Says Russia's gasoline exports fell 30% in June from...

June 28, 2023, 3:14 am

Private oil survey data shows larger headline crude draw than was expected

The inventory data from the private survey is out now, official data follows Wed. morning (US time).Numbers via Twitter--Expectations I had seen centr...

June 27, 2023, 8:36 pm

Oil ticks up as drop in us crude and gasoline stocks exceeds view

Oil prices edged higher on Wednesday as markets worried about supply tightness in the U.S., the world's biggest oil consumer, after data showed a larg...

June 27, 2023, 8:33 pm

Canada may cpi 3.4% y/y versus 3.4% expected

Lowest reading since June 2021Prior was 4.4%CPI m/m +0.4% vs +0.5% expectedPrior m/m reading was 0.7%gasoline<...

June 27, 2023, 12:30 pm

Eia weekly us oil inventories -3831k vs +329k expected

Prior was +7919Kgasoline +479K vs +113K expDistillates +433K vs +705K expSPR release 1.7 million barrel...

June 22, 2023, 3:00 pm

Private oil survey data shows headline crude oil draw

The inventory data from the private survey is out now, official data follows Wed. morning (US time).Via Twitter:Expectations I had seen centred on:Hea...

June 21, 2023, 8:36 pm

Economic calendar in asia tuesday, 20 june 2023 - china interest rate setting, lpr day

Another rate cut is expected from China today. Last week we saw the People's Bank of China cutting three separate policy rates:PBOC 1 year MLF rate cu...

June 19, 2023, 8:06 pm

The pboc is expected to cut rates again on tuesday, 20 june 2023: loan prime rates (lprs)

There have been plenty of stimulus announcments from China last week:PBOC 1 year MLF rate cut to 2.65% (prior 2.75%), as widely expectedICYMI - People...

June 19, 2023, 3:55 am

Canadian retail sales slowing, but services spending remains strong

We expect next week’s retail sales data to show further softening in consumer spending for April. The advance estimate for the month’s sales was f...

June 16, 2023, 4:07 pm

Pboc is expected to set the usd/cny reference rate at 7.1282 – reuters estimate

Its been a huge week in China.3 policy rates cut:PBOC 1 year MLF rate cut to 2.65% (prior 2.75%), as widely expectedICYMI - People's Bank of China rat...

June 16, 2023, 12:18 am

U.s. oil futures climb back above $70, the highest finish in a week

Oil futures climbed on Thursday, buoyed by some signs of higher oil demand from China and strength in U.S. gas...

June 15, 2023, 2:58 pm

Us retail sales rose 0.3% mom in may, ex-auto sales up 0.1% mom

US retail sales rose 0.3% mom to USD 686.6B in May, above expectation of 0.0% mom. Ex-auto sales rose 0.1% mom to USD 554.5B, matched expectations. Ex...

June 15, 2023, 12:46 pm

China's nbs says q2 economic growth will be significantly quicker than in q1

China's National Bureau of Statistics (NBS) says that Q2 growth will be significantly faster than in Q1.These folks are eyeing the stimulus that has a...

June 15, 2023, 2:29 am

Valero: u.s. gasoline prices will soar this decade as more refineries shutter

I made a well-timed bearish call on Valero last June, with the stock losing ground as crack spreads fell back toward normal levels. In the long-run, c...

June 14, 2023, 4:09 pm


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