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IHS Markit: global commercial vehicle production to drop 22% in 2020 in wake of COVID-19

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New financing has also been announced to eliminate high emissions vehicles in key regions which should give some support to boost to truck sales, all else being equal. Preliminary registrations statistics for the month of March suggest a year-over-year decline in new Class 4-8 truck registrations of approximately 30%.

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Opinion: Expect A Wave Of Consolidation In The Oil Industry

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Most, if not all, smaller market capitalization companies, public or private, are still free cash flow negative (operating cash flow less capital expenditure) and only a few of the larger ones are now, or will be, based on guidance. Expect the dollar to weaken considerably, breaching the 2015 lows thus supporting oil prices now and into 2016.

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Opinion: Is Russia Plotting To Bring Down OPEC?

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Putin has highlighted on various occasions the contribution Russia’s mineral wealth, in particular oil and natural gas, must make for Russia to be able to sustain economic growth, promote industrial development, catch up with the developed economies, and modernize Russia’s military and military industry. The emergence of the U.S.,

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Can Electric Vehicles Speed Up As The Economy Slows Down?

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COVID-19 pandemic has hit the automotive market hard. Moreover, with the massive drop in oil prices , gas-powered vehicles are more economical to operate, which makes it harder to argue that EVs will help drivers save money on fuel. As the automotive market takes a dive, EVs show strength.

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