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Article Archive | Page 3

Optimism on the Horizon: Positive Trends in the UK Economy

Mar 23, 2024 at 10:31

It was another busy week for the UK economy in which we got fresh data on inflation and another interest rate decision from the Bank of England. Before asking where it…

Self-Heating Concrete Paves the Way for Easier Winters

Mar 22, 2024 at 09:59

Drexel University researchers recently reported on the science behind its special concrete, that can warm itself up when it snows, or as temperatures approach freezing.

Azerbaijan Charts New Energy Course Amid Caspian Uncertainty

Mar 22, 2024 at 09:57

Azerbaijan could prove a winner as the war in Ukraine continues to reshuffle the Caspian Basin energy-supply deck. But uncertain investment and financing prospects, as well as questions…

Somali Pirates Have Escalated The Global Shipping Crisis

Mar 23, 2024 at 10:00

Since November, hundreds of cargo ships have been forced to take a 4,000-mile detour around the continent of Africa as they look to avoid attacks by Yemen's Houthi rebels on…

Russia and China Allegedly Broker Safe Passage Deal with Houthis

Mar 23, 2024 at 10:09

According to Bloomberg's sources, Russia and China have sealed a deal with Iran-backed Houthis to allow their commercial vessels to transit the Red Sea and Gulf of Aden without fear of…

How Bosnia Becomes a Battleground for Chinese Energy Influence

Mar 22, 2024 at 09:55

The wild horses meandering through the rock-strewn hills of western Bosnia-Herzegovina amid towering white windmills make for a tranquil scene. And one of the last places…

New Bitcoin Whales Emerge in the Corporate World

Mar 22, 2024 at 09:53

While Tesla is the most familiar name across the world’s largest corporate buyers, several companies have amassed far more bitcoin - leading their share prices to skyrocket in…

America Is Growing Wary of the Renewable Energy Boom

Mar 22, 2024 at 09:51

Via Metal Miner After several months of slight upward momentum, the Renewables MMI (Monthly Metals Index) broke the…

Africa's Energy Leap From Fossil Fuels to Renewable Powerhouse

Mar 22, 2024 at 10:36

The African continent it at a critical turning point. The region’s energy demand is set to skyrocket just as climate change is starting to impact local livelihoods in earnest. African…

EU Proposes Using Profits from Seized Russian Assets to Aid Ukraine

Mar 22, 2024 at 09:48

The European Union is inching closer to a historic decision to use windfall profits accumulated by frozen assets in the bloc belonging to the Russian Central Bank and…

UK Economy Outperforms Despite Inflationary Pressure

Mar 22, 2024 at 09:45

The recovery of the UK economy looks set to roll on as business activity continued expanding in March, a closely watched survey suggests. S&P’s purchasing managers’…

U.S. Oil, Gas Drilling Activity Slows

Mar 22, 2024 at 12:09

The total number of active drilling rigs for oil and gas in the United States fell by 5 this week, according to new data that Baker Hughes published on Friday,…

Texas Fund Manager: BlackRock "Misusing Funds" to Push ESG Agenda

Mar 22, 2024 at 09:42

The examples of the ESG fraud imploding over the last 6 months simply aren't stopping. The latest has come from Texas, where the state is now…

China Buys Up Russian Oil

Mar 22, 2024 at 10:01

1. As TMX Starts Line Fill, China Takes Centre Stage - Canadian crude will start flowing to China…

Hopes of a Gaza Ceasefire Are Putting Oil Prices Under Pressure

Mar 22, 2024 at 09:57

Renewed hopes of a ceasefire in Gaza and U.S. efforts to halt Ukrainian attacks on Russian refineries have added some downward pressure to oil prices. Despite this downward pressure, bullish…

Will Waning Gasoline Demand Drag Oil Prices Down?

Mar 22, 2024 at 06:36

West Texas Intermediate Crude Weekly Analysis This week's crude oil market has been marked by several significant events influencing May West Texas Intermediate (WTI) futures. The trends observed ranged from…

The U.S. to Call for an Immediate Ceasefire in Gaza

Mar 22, 2024 at 06:34

Politics, Geopolitics & Conflict With his campaign for re-election in full swing, Venezuela’s Nicolas Maduro has managed to get lawmakers to approve the creation of a new state out of…

Explaining the Market’s Reaction to Jerome Powell’s Speech

Mar 22, 2024 at 06:32

Yesterday, Jay Powell and the FOMC gave us their decision on interest rates. In the accompanying statement and the subsequent press conference given by Fed Chair Jay Powell, they explained…

Sudan's Civil War Sparks Oil Supply Concerns

Mar 22, 2024 at 06:31

When Sudan’s civil war broke out in April last year, markets stood by for a few weeks to see if the war would impact oil exports from Sudan, which has…

Oil Industry Executives Say Oil Demand Is Beating Forecasts

Mar 22, 2024 at 08:21

Global oil demand is stronger than expected with robust growth in all economies across the board, oil industry executives at the CERAWeek conference have said this week, adding that they…

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