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Home2024September

Month: September 2024

CMBS
Finance

CRE Mess Not Letting Up: CMBS Delinquency Rates Jump in September as Office, Retail, and Lodging Deteriorate Further

September 30, 2024 Stu Turley

Rate cuts cannot fix the structural issues crushing office & retail CRE. But industrial, fueled by ecommerce, is in good condition. By Wolf Richter for WOLF STREET. Maybe Commercial Real Estate has hit “bottom” – as property giant […]

Gold
Critical Minerals

The Future of Gold: Will the Price Surge Continue?

September 30, 2024 Mariel Alumit

Gold prices have surged to record highs due to a combination of geopolitical tensions, economic uncertainties, and a weakening US dollar. China and India play a significant role in the global gold market, with their […]

Oil
Crude Oil News

Russia Expects Oil Price Volatility to Subside

September 30, 2024 Mariel Alumit

Russia’s Novak believes oil prices have already incorporated the geopolitical premium from Middle East tensions. Oil prices had spiked early on Monday morning after a weekend of significant escalation of conflict in the Middle East. […]

China
Crude Oil News

China Oil Demand Concerns Aren’t Going Away

September 30, 2024 Mariel Alumit

China’s economic woes and property crisis have been weighing on global oil demand consumption and growth expectations this year. Despite some renewed optimism in the wake of the Fed’s jumbo cut, concerns about China aren’t […]

Wyoming
Crude Oil News

Industry ‘concerned’ after lackluster Wyoming lease sale

September 30, 2024 Mariel Alumit

The US Bureau of Land Management (BLM) received only four bids on two parcels during its Sept. 25 lease sale in Wyoming, leaving industry leaders concerned about the future of drilling on public lands there. […]

Climate Crisis

UN Climate Madness Week

September 30, 2024 Mariel Alumit

UN Climate Madness Week First, there was “Shark Week” then “March Madness” and then the UN had to just take control and have a UN Climate Madness Week. Buckle up and enjoy Irina Slav, Tammy […]

Salt water
Electric Vehicles

Salt water is making electric cars blow up after Hurricane Helene

September 30, 2024 Mariel Alumit

Electric vehicles that have been flooded with salt water are being treated as a potential fire hazard in the wake of Hurricane Helene. Officials are urging those who evacuated and left electric vehicles or golf carts […]

political declaration
Press

The Brief – UN political declaration sees the end, but lacks the means

September 30, 2024 Stu Turley

  With antimicrobial resistance (AMR) deaths set to cause 39 million deaths between 2025 and 2050 – equivalent to three people every minute – a political declaration at yesterday’s high-level UN General Assembly is great […]

EU
Press

EU close to finalising low-carbon hydrogen definition

September 30, 2024 Stu Turley

  The European Commission is now close to finalising the long-awaited EU definition of low-carbon hydrogen after announcing a final four-month public consultation on Friday (27 September).  Regarding hydrogen, a clean-burning fuel that will partly […]

U.S. Rail Freight
Coal

Oil, Natural Gas, and Coal Dominate U.S. Rail Freight

September 30, 2024 Mariel Alumit

U.S. rail freight transported nearly 1.8 million metric tons of materials in 2023, with energy products, including coal, oil, and natural gas, being the most common. Rail stands out for its safety record and sustainability, […]

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