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Home2022November

Month: November 2022

Global wages
Aljazeera International

UN warns of social unrest after ‘striking’ drop in global wages

November 30, 2022 Clark Savage

Global wages fell in 2022 for the first time since the global financial crisis due to soaring living costs, threatening to worsen inequality and drive social unrest, the United Nations labour agency has warned. Monthly […]

WTI
Zero Edge

WTI Extends Gains After Massive Crude Inventory Draw

November 30, 2022 Clark Savage

Oil prices extended yesterday’s gains this morning with WTI back above $80 after API reported inventories fell by almost 8 million barrels and further optimism of a rising demand outlook from China lifting Zero-COVID restrictions. […]

Petra
Rare Earth Minerals

Petra Diamonds to keep Williamson mine idled until mid-2023

November 30, 2022 Clark Savage

On November 7, part of the eastern wall of Williamson’s tailing dam collapsed, releasing a total of 12.8 million cubic metres of water and tailings material that flooded nearby areas. There were no injuries or fatalities […]

Volkswagen
Electric Vehicles

Volkswagen Says EV Battery Plants “Practically Unviable” In EU Due To Soaring Energy Costs

November 30, 2022 Clark Savage

Authored by Bryan Jung via The Epoch Times, Volkswagen‘s CEO wrote that electric vehicle battery plants in the European Union are “practically unviable” at this moment due to soaring energy costs.   Further investment in […]

Kirit Parikh panel submits gas report, suggests pricing freedom beginning Jan 2026
International News

Kirit Parikh panel submits gas report, suggests pricing freedom beginning Jan 2026

November 30, 2022

A fixed band of pricing for gas from legacy fields, which makes up for two-thirds of all natural gas produced in the country, would ensure a predictable pricing regime for producers and at the same […]

Offshore
EIA News

U.S. wind generation falls into regional patterns by season

November 30, 2022 Clark Savage

  Data source: U.S. Energy Information Administration, Power Plant Operations Report and Preliminary Monthly Electric Generator Inventory Wind plant performance–how much electricity a wind plant generates compared with its maximum possible generation–depends almost entirely on […]

National
Energy Crisis

National Grid Back Track On Blackout Plan Which Would Have Seen Brits Without Power

November 30, 2022 Clark Savage

Households could have been paid up to £100 for not using their electricity A major winter emergency electricity plan will not be going ahead tomorrow night (Tuesday November 29), the National Grid has announced this afternoon. The […]

Elon Musk
Uncategorized

Elon Musk says the Fed must cut rates ‘immediately’ to stop a severe recession

November 30, 2022 Clark Savage

Elon Musk thinks a recession is coming and worries the Federal Reserve’s attempts to bring down inflation could make it worse. In a tweet early Wednesday, the Tesla CEO and Twitter owner called on the […]

Goldman Sachs
Crude Oil News

Goldman Sachs sees ‘high probability’ of OPEC cut — and expects oil prices to hit $110 next year

November 30, 2022 Clark Savage

OPEC and non-OPEC producers, an influential energy alliance known as OPEC+, will convene in Vienna, Austria on Dec. 4 to decide on the next phase of production policy. Jeff Currie, global head of commodities at […]

Oman
Exports

Oman LNG loads 3000th cargo

November 30, 2022 Clark Savage

State-owned producer Oman LNG said it had loaded the 3000th cargo of liquefied natural gas at its complex in Qalhat, Sur since 2000. Oman LNG said on Monday that the milestone cargo is on its […]

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