Tag: Fossil Fuels

Lamborghini and Ferrari are dealing with changing times by building scary-fast hybrids

The age of electric vehicles has arrived, and even legendary brands are not immune to the inevitable change in the marketplace. Lamborghini and Ferrari, the Italian makers of supercars known for their roaring gas-powered engines, may have more at stake than mass-market companies including Ford F, +0.62% and Honda HMC, +0.16%. The Italian government is […]

Read More

Crude prices fall after Saudi Arabia cuts Asian prices

Oil prices came under renewed pressure on Monday, after Saudi Arabia cut prices for its Asian customers and demand worries lingered following last week’s weaker-than-expected U.S. jobs data. In electronic trading, West Texas intermediate crude for October delivery CLV21, -0.69% CL00, -0.69% fell 82 cents, or 1.2%, to $68.47 a barrel, after closing down 1% […]

Read More