(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:PXDÂ –Â 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. […]
Since ChatGPT became available for public use late last year, it’s created numerous questions for employers about use cases and how to integrate the tool into the workplace while not breaching compliance. ChatGPT is an […]
After suffering their biggest one-day drop of 2023, US futures rebounded in muted trading on Wednesday, boosted by a drop in rates (the 10Y just hit a session low of 3.92% after rising as high […]
Authored by Michael Lebowitz via RealInvestmentAdvice.com, By owning gold, investors are not necessarily hedging against a government default but ironically betting the Fed will increasingly misuse monetary policy to help the government avoid defaulting. That […]
Another day, another cold shower for long-suffering investors in what was once upon a time a greatly respected chip company. On Wednesday morning, Intel Corp., the biggest maker of computer processors whose stock price has […]
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