-Markets wither amid U.S. chaos -Oil prices had rallied on the back of bloating inventories Crude oil futures moved into deep backwardation on Wednesday after Saudi Arabia resumed its role of swing producer by announcing a 1 million barrel per day cut in crude oil production. The market took additional cues from the U.S. government, … More The Daily Dose; A Sad day in the United States
-WTI says hello to $50 per barrel -World Bank warns of lingering economic pain from the pandemic Crude oil prices shot out of a cannon during the Tuesday session after parties to OPEC curtailments agreed to stand pat on production levels. It did, however, seem to take some muscle from Saudi Arabia, which once again … More The Daily Dose; OPEC consensus overshadows World Bank pessimism
This is a special feature from Jonty Rushforth, senior director, price group, S&P Global Platts In the realm of energy transition, there are a host of environmentally favorable, lower-carbon projects popping up worldwide, which are outside formal governmental trading schemes and regional initiatives. As you might guess, there are hosts of companies eyeing those projects, … More The World’s First Voluntary Carbon Credits Values & Why You Care
The GERM Report 