With Brent oil prices having surged to around $90 per barrel, OPEC and its allies may announce a bigger-than-expected rise in output, according to Goldman Sachs Group Inc. The outcome of Wednesday’s meeting remains “evenly balanced” […]
U.S. natural gas futures suddenly spiked the most on record Thursday afternoon, a dramatic move that signaled bearish wagers being squeezed out of the market. The eye-popping surge of as much as 72% came ahead […]
Europe, which has been luring liquefied natural gas cargoes away from Asia, will now have less competition from Brazil as rains are refilling the South American country’s hydroelectric dams. Brazil’s hydro power generation is up […]
London, January 27, 2022 – Global investment in the energy transition totaled $755 billion in 2021 – a new record – off the back of rising climate ambition and policy action from countries around the world, […]
The platform on Sustainable Finance to argue against the proposal Lawmakers say dilution of green rulebook may be illegal Europe’s executive arm is facing an increasingly intense wave of pressure to abandon a proposal to […]
Germany says the use of nuclear power is creating waste problems Gas is only seen as a temporary solution in the green energy transition Germany said it opposes the European Commission’s proposal to classify nuclear […]
Goldman Sachs Asset Management is recommending investors keep their faith in stocks. Equities offer the best opportunity to outperform inflation, the firm said in an Investment Ideas 2022 report. Cyclical stocks — like financials, energy, and resources companies […]
Brent trades above $85, set for a fourth weekly increase Physical crude markets and diesel are all flashing strength Oil headed for a fourth straight weekly gain, the longest streak since October, on signs that […]
2024 inflation to hit 2% if energy stays at Nov. 2021 level Schnabel speaks at American Economic Association meeting The European Central Bank’s inflation forecasts may need to be revised upward because of the continent’s […]
President Lopez Obrador had announced the aid in December The government refinanced short-term debt with a new 10-year bond The operation will reduce the “financial pressure” on Pemex by $10.5 billion between 2024 and 2030, […]
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