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Month: July 2021

Category:
  • Germany
  • Hydrogen

German hydrogen council calls for urgent decision on blue hydrogen

Highlights Action plan sets out measures for next government Focus on renewables expansion, power price reform Harmonized GOs essential for international trade Germany’s hydrogen council has called for an urgent Continue Reading

Posted On : 6 Jul 2021 Published By : Tom Whipple
Category:
  • Germany

German Factory Orders Unexpectedly Drop as Car Sales Slump

German manufacturers unexpectedly saw demand decline in May, suggesting an uneven start to the country’s economic recovery. Orders fell 3.7%, worse than all estimates in a Bloomberg survey. The Economy Continue Reading

Posted On : 6 Jul 2021 Published By : Tom Whipple
Category:
  • Prices

Oil edges up as OPEC+ seeks to break impasse over supply

 Oil prices were slightly up on Monday with investors and traders awaiting crucial talks by OPEC+ following disagreement over output within the group that could lead to major producers pumping Continue Reading

Posted On : 5 Jul 2021 Published By : Tom Whipple
Category:
  • Prices

Brent Oil Steady With Tension Building Before OPEC+ Talks Resume

Saudi Arabia Energy Minister Prince Abdulaziz bin Salman insists that OPEC+ must extend its production agreement to the end of next year. Brent oil was steady near $76 a barrel Continue Reading

Posted On : 5 Jul 2021 Published By : Tom Whipple
Category:
  • Prices

Crude oil futures steady as OPEC+ discord keeps August production plan in limbo

Crude oil futures were steady during mid-morning trade in Asia July 5 as the market continued to await guidance on the OPEC+ alliance’s production plan for August onwards after the Continue Reading

Posted On : 5 Jul 2021 Published By : Tom Whipple
Category:
  • Prices

Why Oil Prices Won’t Hit $100

A remarkable oil rally has seen oil prices climb almost 34 percent so far this year. Bullish sentiment is now driving speculation of $100 oil in 2021 as collective confidence Continue Reading

Posted On : 5 Jul 2021 Published By : Tom Whipple
Category:
  • Arctic
  • Climate

Arctic Roads and Runways Face the Prospect of Rapid Decline

Melting permafrost across Arctic regions has already caused highways to buckle and homes to sink. A new study conducted in the north of Alaska helps explain why rising temperatures are Continue Reading

Posted On : 5 Jul 2021 Published By : Tom Whipple
Category:
  • Climate

Rebound in global gas demand threatens international climate targets – IEA

 A rebound in global gas demand to 2024 following a record fall last year is poised to knock the world off track for a climate goal of achieving net-zero emissions Continue Reading

Posted On : 5 Jul 2021 Published By : Tom Whipple
Category:
  • OPEC

High-Stakes Oil Diplomacy Puts Future of OPEC+ Deal at Risk

A high-stakes game of oil diplomacy pits Saudi Arabia against long-time ally Abu Dhabi. And the result of their fight will shape not just the price of oil for the Continue Reading

Posted On : 5 Jul 2021 Published By : Tom Whipple
Category:
  • OPEC

Vitol Sees Oil Rising on Assumption OPEC+ Steps Will Fall Short

The world’s largest independent oil trader expects crude’s rally to continue on the assumption any OPEC+ output hikes will fail to keep pace with growth in demand. The Organization of Continue Reading

Posted On : 5 Jul 2021 Published By : Tom Whipple

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