Oil extended its longest run of losses this year ahead of the release of Federal Reserve minutes that may provide further clues on the path forward for monetary tightening in the US. West Texas Intermediate […]
Even as solar power grows into one of the world’s largest sources of new energy, the industry behind it is facing unprecedented volatility as a battle for profits intensifies.The roller-coaster ride is best seen through the […]
US natural gas futures fell below $2 for the first time since 2020, extending a massive selloff as traders give up on hopes of extreme cold boosting demand.Gas for March delivery dropped to $1.987 per […]
Over the past two decades, the economic presence of China has been growing significantly around the world. The country has already surpassed the U.S. as the largest trading partner of developed nations such as Japan and the European […]
(Bloomberg) – As China scoops up more and more discounted Russian oil, producers in Africa and South America are losing out. Angola is among the hardest hit at the moment, with daily oil exports to […]
World War II-style rationing could be an effective way to reduce carbon emissions, according to new research from the University of Leeds. In a paper published today in the journal Ethics, Policy and Environment, academics argue […]
Morgan Stanley has raised its global oil demand forecast for 2023 by 36%, an increase of 1.9 million barrels per day. China’s economic rebound and increasing demand for air travel were cited as the two […]
Energy major, Shell, through its unit Shell Petroleum, has completed the acquisition of Europe’s largest producer of renewable natural gas (RNG), Nature Energy Biogas. Shell has acquired Nature Energy’s portfolio of operating plants, associated feedstock […]
Guggenheim Capital LLC raised its position in Pioneer Natural Resources (NYSE:PXD – Get Rating) by 6.8% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 165,793 […]
Authored by Mike Shedlock via MishTalk.com, A four-month decline in mortgage yields may be over. Let’s discuss what this means to the home buyer and how the Fed has messed with people’s lives over time. […]
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