Most of Minnesota’s energy could come from wind, solar by 2050
A new study out of Minnesota found that 70 percent of the state’s electricity could come from wind and solar energy by 2050 — and it would cost about the…
Business
OPEC: Venezuelan, Iranian oil production down, Saudi, UAE output up
Venezuelan and Iranian oil production fell in October from September, resulting in a combined decrease of about 196,000 barrels per day, but higher output just in the United Arab Emirates…
Crude oil prices lower on oversupply concerns, Trump’s comments
Crude oil prices were lower Tuesday morning amid concerns about a world market oversupply into next year, and after U.S. President Donald Trump said he expected “much lower” prices, analysts…
Volkswagen buys enough batteries for 50M electric vehicles
Volkswagen plans to build 50 million electric vehicles and has bought batteries for the plan, the automaker’s CEO said Monday. Volkswagen announced this year it’s prepared to commit to…
Alibaba hits record of over $1 billion in sales in 85 seconds
China’s e-commerce giant Alibaba set a record of $1 billion in sales in the first 85 seconds of its biggest shopping day. The online retail blitz known as Singles’ Day…
Crude oil prices mixed as bearishness drags on
Crude oil future prices were mixed Tuesday morning with markets unable to shake off recent bearishness, somewhat fueled by the Monday announcement of waivers related to Iranian sanctions, yet some…
Crude oil futures slightly lower Friday, awaiting direction after Thursday sell-off
Crude oil future prices were slightly lower Friday as they awaited direction following a sell-off in the previous session, continuing volatility that provides opportunities for speculators. As of 9.30 a.m.…
Reports: Ford, VW eyeing venture to build self-driving vehicles
Volkswagen and Ford are in talks to join forces and build electric and autonomous vehicles, industry watchers and German media report. An announcement is expected soon, which would unite the…
Crude futures fall as traders get in position for inventory build-up
Crude oil futures were lower as of mid-morning Tuesday as market participants appeared to be positioning themselves for an inventory build-up once data is released later Tuesday by API, and…
Crude oil futures volatile Friday amid investor risk concerns
Crude oil futures were volatile Friday in part as investors are concerned about risks of an economic slowdown, yet the move into normal backwardation reflects healthier price levels, analysts said.…
