Bloomberg The energy industry is one of the safest sectors to be in as US President Donald Trump instigates a global trade war, Husky Energy Inc. Chief Executive Officer Rob Peabody said. Husky has ties to many of the major players in the emerging trade battles. The Calgary-based company controlled by Hong Kong billionaire Li Ka-Shing has a major production ...

Bloomberg American drivers are poised to pump less for the first time in six years. US gasoline demand is expected to fall by 10,000 barrels a day in 2018 compared to last year, according to the Energy Information Administration. Overall consumption is forecast at 9.31 million barrels a day, the agency said in its monthly Short-Term Energy Outlook. The last ...

Bloomberg Donald Trump is snuffing out any chance for China to tap into the growing market for powering the supercars cruising around Malibu and Manhattan. The US administration’s latest 195-page list of an additional $200 billion in Chinese goods targeted for import tariffs includes seemingly obscure products such as benzene, toluene, xylene, methyl tertiary-butyl ether and butanol. These are typically ...