OPEC+ surprised some in the energy market with its recent decision to extend oil production cuts, the United States is now India’s No. 2 oil supplier, and Canada’s government is embarking on creating a federal carbon trading marketplace. … READ MORE >
Industrials
3 things to know this week in energy: Texas’ grid, oil prices and Canadian crude-by-rail exports
All eyes remain on Texas and the state’s energy grid operator in the aftermath of a devastating winter storm, oil prices responded positively to the U.S. House passing a new COVID-19 relief bill, and Canadian crude-by-rail exports are rebounding after a rough 2020. … READ MORE >
Top energy trends for oil and gas companies to watch in 2021
2020 was a volatile year for the energy industry. Many challenges remain as the pandemic continues, the energy transition accelerates, and policies change under the Biden administration. Here are eight key energy trends oil and gas companies should watch. … READ MORE >
The impact of Brexit on U.S. manufacturing companies
Plenty of questions remain about what the specific impacts of the UK-EU Trade and Cooperation Agreement will be, but some aspects – such as value-added tax and customs implications – have come into clearer focus in 2021. … READ MORE >
U.S. industrial production growth continues
The Federal Reserve said on Wednesday that its index of industrial production, a measure of output at factories, mines and utilities, rose 0.9% last month as output continued to recover from the depths of the economic shutdown last spring. … READ MORE >
3 things to know this week in energy: Canada consolidation, oil prices, and tech invests in renewables
Major tech investment in renewable energy continues, freezing weather lifts oil prices up, and Canada’s energy market sees another major consolidation announcement. Biweekly, we highlight three things going on in the energy industry that we think you should know about. Here’s the latest. … READ MORE >
3 things to know this week in energy: Drilling permit suspension pushback, Keystone XL and shale oil
This is the first installment of a new biweekly news roundup from RSM about three things going on in the energy industry that we think you should know about. Here’s the latest. … READ MORE >
CHART OF THE DAY: Manufacturing remains strong despite labor, supply chain challenges
U.S. manufacturing activity remained robust in January but faced challenges on the labor and supply chain front, according to new data released Monday by the Institute for Supply Management. … READ MORE >
RSM US Manufacturing Outlook Index: Mixed results and a potential pause in the recovery
Sentiment among manufacturers has receded again because of a rapid spread of COVID-19 that has taken a toll on the labor market, consumer demand and the economy. … READ MORE >
Economic recovery drives up raw material prices
As manufacturing activity rebounds, companies are experiencing not just volatility in demand but also in raw material prices, which have been rising. … READ MORE >