Oil price The oil price headed back downwards yesterday and with equity markets reacting badly to a number of economic stats that has carried over into Asia and Europe this morning. There must be som
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Source:: Oil Voice […]
Global Energy Industry News
Hedge Funds Primed for Oil Rebound With Increase in Bullish Bets
By hellenicshippingnews The momentum behind wagers on rising oil prices picked up steam as U.S. drilling slows and producers face potential credit line cuts. Money managers’ long position in West Texas Intermediate crude climbed by 6.1 percent in the week ended Sept. 22, the most since […]
European shares led lower by Glencore, VW
LONDON, Sept 28 (Reuters) – European shares fell on Monday, with miner Glencore seeing nearly a quarter of its value wiped out by debt concerns and carmaker Volkswagen , which has been hit by an emissions data scandal, extending losses.
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Source:: Reuters UK Natural Resources […]
National pledges to cut global warming more than previously thought- NY Times
Sept 28 (Reuters) – National promises to cut emissions are expected to cap global warming more than previously expected by the end of the century, an analysis by the Climate Interactive group showed, according to a New York Times report on Monday.
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Source:: Reuters UK Natural […]