• Reuters

    Traders scramble for US storage as distillates demand disappoints

    Traders are rushing to fill up storage tanks along the U.S. East Coast with distillate fuels, like diesel and heating oil, data from storage broker The Tank Tiger showed on Monday, a sign of deepening oversupply that is weighing on refiners' profits. Largely warmer-than-expected winter weather in U.S. Northeast and Europe has cut distillates demand and hit refiners' margins across the globe in recent months, a factor that drove softer first-quarter earnings by oil majors and top independent refiners. Struggling to find outlets for their excess distillates, traders are scrambling to park it in storage tanks in New York Harbor, The Tank Tiger Chief Operating Officer Steven Barsamian said.

  • Reuters

    UPDATE 1-Deliveroo, Just Eat and Uber Eats agree to tackle illegal working in UK

    Meal delivery companies Deliveroo, Just Eat and Uber Eats have committed to make extra security checks on their British riders, the government said, as it steps up efforts to make it harder for people to work illegally. The government said a "small minority" of riders, who the companies check can work legally, have taken advantage of the system to avoid ensuring their substitutes had the same right to work in Britain. In response to a freedom of information request submitted by Reuters last year, the government's interior ministry said 42% of riders stopped by an enforcement team over six days in April 2023 were found to be working illegally.

  • The Telegraph

    The best MacBooks of 2024, tried and tested by an expert – which should you buy?

    Apple’s MacBook range is extensive, which is somewhat of a double-edged sword. It means there is a MacBook out there for everyone, but it can also be difficult to determine which is the best MacBook for you. Two core ranges, five display sizes, multiple chip variants, and that’s before we come to the configurable storage and memory options; it’s a MacBook minefield.