Oil rebounded on Thursday as investors bet that revived demand from China would outweigh swelling US stockpiles. West Texas Intermediate finished a volatile session up 1.1% to $80.33 a barrel. Prices seesawed throughout the day, falling as much as 1.7% early in the day and later rising as much as 2.1% from Wednesday. The fluctuations
0 Comments
By Johnna Crider Posted on January 19, 2023 Twitter updated its developer rules to ban third-party clients on Thursday following the recent blocking of several apps’ access to the platform this week. Some of the apps, such as Tweetbot, which provides a subscriber-only ad-free Twitter experience, would compete with the platform’s subscription service, Twitter Blue. This
0 Comments
The Home Depot is going to install 13 megawatts of rooftop solar on 25 of its stores. The Home Depot’s rooftop solar Solar company DSD Renewables is working with the DIY giant to install rooftop solar on the stores, which are all in California. The solar roof installations will directly power the company’s store locations within the portfolio.
0 Comments
The IEA’s Birol said that prior to Russia’s full-scale invasion of Ukraine on Feb. 24 last year, “Russia was the number one energy exporter to the world.” Natalia Kolesnikova | Afp | Getty Images International Energy Agency (IEA) Executive Director Fatih Birol believes Russia will lose its energy war with the West, saying China and
0 Comments
Oil fell for the first time in almost two weeks as disappointing US economic data ignited fears of a recession and sparked a sell-off across Wall Street.  West Texas Intermediate reversed course after hitting the highest intraday price since early December, falling almost 1%. Demand data out of China boosted oil prices at the start
0 Comments
Qatar’s Foreign Minister Sheikh Mohammed bin Abdulrahman bin Jassim al-Thani speaks during a joint press conference with his French counterpart in Doha on March 28, 2022. Mustafa Abumunes | Afp | Getty Images Qatari Foreign Minister Mohammed bin Abdulrahman Al Thani on Tuesday appeared to correct a controversial statement his fellow minister made over the
0 Comments
Electric power is flexing its muscles again as the world’s largest electric ferry – capable of carrying 2,100 passengers and their vehicles – is set for delivery in two years. World’s largest electric ferry set to sail Incat Tasmania, an Australian manufacturer of high-speed craft (HSC) ferries, is ready to deliver the 148-meter (485.5 feet)
0 Comments
Hungary’s foreign minister strongly criticized the European Union’s sanctions against Russia, arguing they have damaged its members’ economies more than their target’s as well as failing to stop the war in Ukraine. “If we make an assessment, an analysis, about the impact of sanctions, it’s obvious that they have not fulfilled expectations,” Péter Szijjártó told
0 Comments
Oil fell for the first time in eight sessions as traders took stock of the outlook for worldwide demand, with China’s reopening delivering a lift while other parts of the global economy slow. West Texas Intermediate fell below $79 a barrel after rallying more than 8% last week. China ditched Covid-19 curbs in late 2022
0 Comments
On Friday, Russian energy supplier Gazprom said it would not resume its supply of natural gas to Germany through the key Nord Stream 1 pipeline, blaming a malfunctioning turbine. Hannibal Hanschke | Reuters The European Union’s rejection of Russian energy commodities following Moscow’s invasion of Ukraine won’t last forever, Qatar’s Energy Minister said during an
0 Comments