Authored by Steve Watson via Summit News, In an insane segment on MSNBC Sunday, disgraced former FBI official and rabid anti-Trump lunatic Peter Strzok described the September 11 2001 terror attacks, which killed thousands of […]
Crude oil prices continued their fall on Tuesday, with WTI now dipping to levels not seen since before the OPEC+ meeting. The November contract for WTI crude fell to $83.22 per barrel on Tuesday afternoon—sliding […]
Indian Oil Corporation and Bharat Petroleum Corporation Limited have suspended purchases of Russian crude oil. The two large refiners are awaiting more clarity on the EU sanctions regime. India, the world’s third-largest crude oil importer, […]
Oil markets are drifting sideways this morning after the Biden administration plans to release 10-15 million barrels of crude from the Strategic Petroleum Reserve in a bid to suppress gasoline and diesel prices at the […]
By Ven Ram, Bloomberg markets live reporter and analyst Now that we have had yet another set of numbers that show inflation and inflationary expectations cocking a snook at policy makers, the Fed has duly […]
Concluding the big banks’ Q3 earnings reports, some of which were disappointing (MS), some were mediocre (JPM, Citi and Wells), and some were spectacular (BofA), moments ago Goldman Sachs reported a 43% Y/Y drop in […]
After falling for the 3 of the last 4 months, US Industrial Production was expected rise modestly in September. Instead it surged 0.4% MoM (considerably more than the +0.1% exp) and August -0.2% was revised […]
The cost of clean hydrogen will fall to that of liquefied natural gas in a decade as global efforts to replace fossil fuels accelerate, according to Europe’s biggest operator of gas infrastructure. “Green hydrogen today […]
The Japanese Yen appears to be inexorably drawn to the Maginot Line of 150/USD as for the third time in less than a month, Japan’s ‘yentervention’ failed overnight. As we detailed before the Asian […]
Capital investment in renewables is set to reach nearly $500 billion in 2022. This year could be the first year that renewable investment overtakes upstream oil and gas investment. The break-even time on renewable energy […]
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