Month: March 2022

Energy Secretary Jennifer Granholm speaks during a meeting with Secretary of State Antony Blinken, European Union High Representative for Foreign Affairs and Security Policy Josep Borrell Fontelles, and European Commissioner for Energy Kadri Simson at the State Department in Washington, February 7, 2022. Andrew Harnik | Pool | Reuters The Biden administration on Wednesday announced
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Oil rose with the Kremlin reporting there’s been no breakthrough in peace talks while the Ukraine says Russia is deploying reinforcements, dashing hopes for an end to the war.  Futures in New York settled near $108 a barrel on Wednesday after falling the prior two sessions. The Kremlin said peace talks yielded no breakthroughs, while
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By Joey Klender Posted on March 30, 2022 Tesla’s valuation (NASDAQ: TSLA) should not be benchmarked against traditional automakers, as it could be “misleading,” top analyst Gene Munster said. “Using traditional auto as a benchmark for how to value Tesla is misleading,” Munster, an analyst for Loup Ventures, said on CNBC. “Not misleading in the
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Saudi Energy Minister, Prince Abdulaziz bin Salman bin Abdulaziz Al Saud speaks during the UN Climate Change Conference (COP26), in Glasgow, Scotland, Britain, November 10, 2021. Yves Herman | Reuters Saudi Arabia’s energy minister said Tuesday that OPEC+ will keep politics out of its decision-making in favor of the “common good” of stabilizing energy prices.
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Oil slipped as talks between Russia and Ukraine failed to reach an agreement on a cease-fire, while the U.S. cautioned against declaring progress as they await signs of de-escalation.  Futures in New York fell 1.6% to settle around $104 a barrel on Tuesday. Earlier in the session, West Texas Intermediate futures sank more than 7%
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United Arab Emirates’ Energy Minister Suhail Mohamed al-Mazrouei at a press conference in January, 2018. MOHAMMED MAHJOUB/AFP/Getty Images Failure to address energy affordability risks casting significant portions of the world into poverty and stagnating the global economy, according to the United Arab Emirates Energy Minister Suhail Al Mazrouei. Soaring energy prices have caused inflation to spike
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