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HomeTop News

Top News

Peak
Finance

Peak Fed Hawkishness Means Sustainable Rally Is Still A Way Off

November 1, 2022 Mariel Alumit

By Simon White, Bloomberg Markets Live reporter and analyst Stocks will be stuck in a bear market for several more months even with a peak in Fed hawkishness. Peak global inflation is likely here, allowing […]

Biden
Aljazeera International

Biden warns of windfall tax on ‘war profiteering’ oil companies

November 1, 2022 Mariel Alumit

US President Joe Biden has criticised oil and gas companies for recording big profits after crude prices surged following Russia’s invasion of Ukraine. Biden, speaking ahead of the November 8 mid-term elections, warned that if […]

Nuclear Power
Electrical Generation / Utilities

First Nuclear Power Plant In Poland To Be Constructed By US Company

November 1, 2022 Mariel Alumit

Via Remix News, The construction of the nuclear plant will commence in 2026 on the Baltic Sea shore in northern Poland…   Poland has chosen the Westinghouse group from the U.S. to construct the country’s […]

natural gas
Natural Gas

Pa. Nat Gas “best defense against tyranny”; But Policy Action Needed

October 31, 2022 Mariel Alumit

Expanding global natural gas access is key to reducing energy poverty, enhancing national security and securing a more sustainable and resilient global economy, Pennsylvania elected officials, industry, and labor organizations highlighted during a committee hearing […]

European
Geopolitical

European Moves to Cap Gas Prices Are Hypocritical, Qatar Says

October 31, 2022 Mariel Alumit

(Bloomberg) — European proposals to set limits on the price paid for natural gas are “hypocritical,” Qatar’s energy minister Saad Al Kaabi said in an interview with Bloomberg TV. The European Commission intends to propose […]

Price
Aljazeera International

Eurozone inflation jumps to record 10.7 percent

October 31, 2022 Mariel Alumit

Eurozone government bond yields have risen after inflation data showed consumer prices climbed at a record pace in October, heaping pressure on the European Central Bank to continue aggressive policy tightening. Consumer price growth in […]

US
Crude Oil News

US envoy urges more oil, gas output, as UAE, Saudi ministers defend OPEC+

October 31, 2022 Mariel Alumit

With the global economy in crisis, more oil and gas production is needed, a top US envoy said Oct. 31, sharing a stage with Saudi and UAE energy ministers, who defended the recent decision by […]

Fed
Finance

The Global Treasury Market Is Under Pressure As Fed Raises Rates

October 31, 2022 Mariel Alumit

Higher interest rates reduce the number of willing borrowers, and debt buyers balk at falling prices. The Federal Reserve has been a major buyer of debt in recent years. History is riddled with monetary policy […]

IEA
International News

Is The IEA Too Optimistic About The Energy Transition?

October 31, 2022 Mariel Alumit

IEA’s WEO: Ukraine War and the energy crisis are speeding up the global energy transition. The fast-growing EV market is already causing bottlenecks in the supply of critical battery, and industrial metals. Since the IEA […]

ExxonMobil
Crude Oil News

ExxonMobil, Chevron each see slightly lower 2022 Permian Basin output than expected

October 31, 2022 Mariel Alumit

ExxonMobil and Chevron each foresee a bit lower respective Permian Basin production profiles for 2022 than earlier stated, although both are still running high volumes of several hundred thousand barrels a day apiece of oil […]

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