Investing LONDON – Oil prices firmed on Tuesday after the International Energy Agency (IEA) raised its demand growth forecasts, adding to bullish sentiment from the previous day’s OPEC guidance, while U.S. data showed inflation in […]
Reuters Goldman Sachs expects increased returns on commodities over the next 12 months, buoyed by higher spot prices amid easing monetary policy and recession fears while the asset class also strengthens on hedging against geopolitical […]
World Oil (Bloomberg) – Oil production from the Permian basin will expand in November and December, marking the region’s longest run of monthly gains in two years. The world’s most productive shale patch is expected to […]
Yahoo Finance Chevron’s deal to buy Hess HES.N will unlock $15 billion worth of tax benefits that had once been relegated to the accounting dustbin, as the combined company takes advantage of Hess’s past losses to cut future […]
What do you get after a decade of negative real rates and unlimited QE as monetary policy? Losing $227,000 per vehicle as an acceptable business model for an automobile company! At least that’s the case […]
Authored by Peter C. Earle via the American Institute for Economic Research, The bankruptcy filing of WeWork Inc. on November 6, 2023 came with neither a whimper nor a bang, but with a laconic shrug. […]
MOL’s huge fleet of liquefied natural gas carriers continues to expand and the Japanese shipping giant currently has more than 30 LNG vessels on order. The company’s CEO, Takeshi Hashimoto, and CFO, Hisashi Umemura, discussed […]
November 14, 2023 Data source: U.S. Energy Information Administration Relatively full natural gas inventories in the United States and Europe and expanded global liquefied natural gas (LNG) export and import capacity have improved the likelihood […]
The North American Electric Reliability Corporation (NERC) is responsible for reducing risks to the reliability of the electric power grid in the U.S., Canada, and a tiny part of Mexico. NERC is overseen by the Federal […]
Energy poverty is a real thing. We have to look at solutions that take care of the environment while providing low-cost energy for humanity. I just had the opportunity to visit with leaders from Africa […]
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