China’s new energy vehicle output reached a new high of 617,000 units in July, surging 117.3% year on year and 4.5% higher on the month, the China Association of Automobile Manufacturers said Aug. 11. New […]
Crude oil futures were mostly steady in mid-morning Asian trade Aug. 11, as prices took a breather after a roller coaster overnight session on a barrage of headlines including a mixed US inventory report and […]
August 11, 2022 Data source: U.S. Energy Information Administration, Preliminary Monthly Electric Generator Inventory Power plant developers plan to install 17.8 gigawatts (GW) of utility-scale solar photovoltaic (PV) generating capacity in 2022, according […]
Citi Analyst Chris Danely is warning investors to stay away from semiconductor stocks. In a new note to clients, Danely writes, “We believe negative catalysts will now outnumber positive catalysts given upcoming PC data points […]
Elon Musk has told the court hearing Twitter’s lawsuit against him that Twitter is hiding key witnesses in their legal battle, which he will need to call to prove he should be released from the […]
The Consumer Price Index was unchanged in July, due to a precipitous drop in the price of gasoline, in a small sign of hope the Federal Reserve may begin softening its highly aggressive policy position […]
Calgary, Alberta (August 9, 2022) — Enverus Intelligence Research (EIR), a subsidiary of Enverus, the leading global energy data analytics and SaaS technology company, has released a report exploring the future state of the ancillary […]
German unit of refiner OMV: There is a run on fuels such as diesel and heating oil in the southern parts of Germany. Critically low water levels of the river Rhine constrain supplies. Due to […]
The Inflation Reduction Act (IRA) includes more than $170 billion of tax credits for the electric industry, designed to encourage the shift from carbon-intensive fuels. An analysis carried out in 2020 suggested that decarbonizing the […]
During early Asian trading, oil prices fell, as traders considered rising inventories and diminishing demand. Brent crude futures dropped 53 cents, or 0.5%, to $96.87 per barrel by 0005 GMT, as U.S. West Texas Intermediate […]
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