Oil down over 3% in 2 days, shredding ‘war premium’ as Saudis assure supply
By Press Room
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Investing.com – Saudi Arabia is truly “balancing” the oil market by preparing to ship full volumes required by its North Asian customers,…
US solar company Suniva to restart idled factory thanks to Biden climate law
By Press Room
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By Nichola Groom (Reuters) – Suniva, the U.S. solar manufacturer that successfully fought for tariffs on cheap panels made overseas, will restart…
(Reuters) – U.S. production and demand will rise to record highs in 2023, the U.S. Energy Information Administration (EIA) said in its…
(Reuters) – Most U.S. consumers will spend about the same or less than they did last year to heat their homes this…
Investing.com – Oil prices might not be getting the risk premium many thought from the Middle East’s latest conflagtration but gold seems…
US crude stocks up a whopping 13M barrels last week; Gasoline rises 3.9M - API
By Press Room
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Investing.com – US stocks possibly rose by nearly 13 million barrels last week in what could be the highest build since February,…
By Nicole Jao NEW YORK (Reuters) -Oil prices fell over 2% on Wednesday as fears of disruption to supplies due to conflict…
By Julie Ingwersen CHICAGO (Reuters) – U.S. farmers are about halfway done planting winter wheat for harvest in 2024, but acreage is…
In a significant strategic move, Poland’s state energy company Orlen has acquired Gazprom (MCX:)’s stake in the Yamal pipeline, spanning 684 km…
By Alex Lawler and Natalie Grover LONDON (Reuters) – The gap between two leading oil forecasters’ views on 2024 demand growth widened…