Britain and the European Union will make a last-ditch attempt to strike a post-Brexit trade deal this week, with probably just days left for negotiators to avert a chaotic parting Continue Reading
Post-Brexit trade talks hung in the balance on Monday as Britain and the European Union made a last-ditch attempt to bridge significant differences and reach a deal that would avoid Continue Reading
Industrial production in Germany, Europe’s biggest economy, was up 3.2% in October compared with the previous month, according to official data released Monday. It was the second set of figures Continue Reading
Oil prices settled higher Dec. 4 as optimism surrounding US federal stimulus negotiations and a weaker dollar offset pandemic-driven demand concerns. NYMEX January WTI settled 62 cents higher at $46.26/b Continue Reading
Oil rose for a fifth straight week with support from an OPEC+ deal and hopes for another round of U.S. stimulus. Futures in New York and London closed at fresh nine-month Continue Reading
World Health Organization officials on Friday warned governments and citizens not to drop their guard over the COVID pandemic now a vaccination was close, saying healthcare systems could still buckle Continue Reading
IHS Markit forecasts that annual global investments in green hydrogen—hydrogen production powered by renewable sources—will exceed US$1 billion by 2023. The elevated investment outlook is attributed to falling costs and Continue Reading
Another month, another OPEC “crisis.” It’s the usual problem: The cartel, meeting in Vienna this week, can’t agree on how to balance production with price. The Saudi-led oil exporters, boosted Continue Reading
The 500,000 b/d production increase OPEC and its partners are planning for January will be divvied up proportionally, with Saudi Arabia and Russia, the two largest members, each allowed to Continue Reading
Iran plans to install hundreds more advanced uranium-enriching centrifuges at an underground plant in breach of its deal with major powers, a U.N. nuclear watchdog report showed on Friday, a Continue Reading
