Daily Standup Top Stories What will happen to oil prices if Israel attacks Iran oil installations? October 6, 2024 Stu Turley If Israel were to attack Iran’s oil installations, the immediate impact on oil prices would […]
Last week, LNG shipping rates also declined. “Spark30S Atlantic rates dropped for a second consecutive week, reducing by $6,250 to $51,500 per day,” Qasim Afghan, Spark’s commercial analyst, told LNG Prime on Friday. Image: Spark He […]
Although the European Court of Justice (ECJ) ruled on Friday (4 October) that a French decree prohibiting the use of terms like ‘steak’ or ‘filet’ plant-based products breaches EU law, its reasoning opens the door […]
China is investing heavily in electric vehicle assembly plants, battery plants, and transition technologies abroad to counteract Western tariffs. Chinese companies are not only expanding manufacturing capacity but also exporting technology, engineering, supply chain, and […]
If Israel were to attack Iran’s oil installations, the immediate impact on oil prices would likely be a significant increase, driven by concerns over supply disruptions in a region crucial for global oil production. Here’s […]
Whereas the latest oil price rally comes as a boon for long-suffering oil bulls, countries that rely heavily on Middle Eastern energy imports are by no means celebrating. In August, the Middle East accounted for […]
By Wolf Richter for WOLF STREET. The Treasury yield curve un-inverted by another big step on Friday: The three-month yield has vacillated in the same range for the past 11 trading days following the drop after the monster […]
ExxonMobil picked Chart on behalf of Mozambique Rovuma Venture (MRV), which includes Italy’s Eni and China’s CNPC. The LNG project will liquefy natural gas from reservoirs of the Area 4 block of the offshore Rovuma […]
The peer-reviewed study contradicts a wide body of scientific literature showing that liquefied natural gas is lower in emissions than coal. A study cited by supporters of the Biden-Harris administration’s pause on liquified natural gas […]
The UK government has cut winter fuel payments to pensioners while committing £22bn for carbon capture, raising concerns over fiscal priorities. The government has pledged nearly £22bn to fund projects that capture greenhouse gases from […]
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