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OPEC

Fed minutes signal September rate cut

by Milton Acorn
Fed minutes signal September rate cut

Traders work on the floor of the New York Stock Exchange during morning trading on August 20, 2024 in New York City.  Michael M. Santiago | Getty Images This report …

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Categories Science

Fed minutes signals September rate cut

by Milton Acorn
Fed minutes signals September rate cut

Traders work on the floor of the New York Stock Exchange during morning trading on August 20, 2024 in New York City. Michael M. Santiago | Getty Images This report …

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Categories Science

Big Oil given stark warning as a major supply surplus expected by 2030

by Adrian Jhonsan
Big Oil given stark warning as a major supply surplus expected by 2030

An oil pumpjack is shown near the Callon Petroleum vicinity on March 27, 2024 in Monahans, Texas. Brandon Bell | Getty Images News | Getty Images The International Energy Agency …

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Categories World

Nvidia’s new chip, GameStop soars

by Milton Acorn
Nvidia’s new chip, GameStop soars

Traders work on the floor of the New York Stock Exchange during morning trading on Feb. 23, 2024 in New York City. Michael M. Santiago | Getty Images This report …

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Categories Science

Goldman still expects stubbornly high U.S. inflation to fall this year

by Adrian Jhonsan
Goldman still expects stubbornly high U.S. inflation to fall this year

Goldman Sachs still expects stubbornly high U.S. inflation to ease over the coming months, despite investors slashing bets for Federal Reserve interest rate cuts, after yet another print showed that …

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Categories World

IEA says oil demand slowdown to persist in 2024 amid oversupply fears

by Adrian Jhonsan
IEA says oil demand slowdown to persist in 2024 amid oversupply fears

A Petroleos de Venezuela SA oil pumpjack on Lake Maracaibo in Cabimas, Zulia state, Venezuela, on Friday, Nov. 17, 2023. Gaby Oraa | Bloomberg | Getty Images The International Energy …

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Categories World

Fossil Fuels: Climate campaigners slam OPEC bid to thwart oil phase-out

by Milton Acorn
Fossil Fuels: Climate campaigners slam OPEC bid to thwart oil phase-out

DUBAI: OPEC caught flak Saturday from activists and a coalition of countries seeking ambitious climate action, after the oil cartel urged its members to thwart any deal targeting fossil fuels …

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Categories Science

As UN climate talks near crunch time, activists plan ‘day of action’ to press negotiators

by Milton Acorn
As UN climate talks near crunch time, activists plan ‘day of action’ to press negotiators

DUBAI: Protests aimed at pressuring nations to move decisively to stop climate change were expected to be their most intense yet on Saturday, a “Global Day of Action” with events …

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Categories Science

UN weather agency says 2023 was hottest year on record

by Adrian Jhonsan
UN weather agency says 2023 was hottest year on record

By Jamey Keaten and Bassam Hatoum | Associated Press DUBAI, United Arab Emirates — The U.N. weather agency said Thursday that 2023 is all but certain to be the hottest …

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Categories World

OPEC raises global crude demand outlook through to 2045

by Milton Acorn
OPEC raises global crude demand outlook through to 2045

An oil pumpjack is seen near a field of wind turbines on October 04, 2023 in Nolan, Texas. Brandon Bell | Getty Images OPEC on Monday raised its medium- and …

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Categories Science
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