Energy & precious metals - weekly review and outlook
Investing.com - Lots of things are happening in the oil market at the same time: Economic troubles in China; surprisingly higher U.S. crude production and Saudi-Russian cuts that cargo tracking data suggest could remove almost 68 million barrels from the market over the next 45 days.
The filing serves as a cautionary tale about the growth-at-all-costs model that underpinned China’s spectacular growth over the past 30 years. For decades Evergrande gobbled up debt as China’s economy exploded. Demand for housing was so strong, homebuilders often pre-sold apartment units to buyers before construction was complete.
The People’s Bank of China unexpectedly cut short and medium-term lending rates earlier this week, but investors are calling for more targeted fiscal measures. The oil output estimate contained in the EIA’s Weekly Petroleum Status Report isn’t the only one by the agency that gives an idea of what the world’s largest driller of the commodity is doing in terms of output.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Top Clean Energy Resources | CleanTechnicaHere’s an ever-expanding and continuously updated list of what I consider to be the top clean energy resources around. Feel free to add your own favorites in the comments below. Clean Energy (In General) What Is Clean Energy? 100% Renewable Energy Possible? How Much Renewable Energy Will Be Installed In 2030? 2040? 2050? Renewable Energy […]
Read more »
Energy Issues News -- ScienceDailyRead about the latest scientific research on energy policy, energy issues and related topics.
Read more »
Solar Energy Resources | CleanTechnicaBelow are some top solar energy resources. I will add to these solar energy resources from time to time or update them when needed. If you ever have a question or want to suggest a top resource, drop us a comment! General Solar Energy Resources About Solar Energy Solar Energy Facts & Solar Power Facts Why Go Solar […]
Read more »
Brics energy ministers agree to cooperate to improve access, reduce emissionsEnergy Ministers and officials from the Brics bloc met in Sandton on Friday to discuss potential areas of collaboration for improving access to secure and affordable energy, while transitioning to cleaner energy systems. The meeting was chaired by South Africa’s Mineral Resources and Energy Minister, Gwede Mantashe, who reiterated his stance that the transition should address both the lowering of emissions and ongoing energy poverty.
Read more »
Renewable Energy News -- ScienceDailyRenewable Energy Sources. Read the latest research on renewable sources of energy such as solar energy, wind power, nuclear energy, hydrogen fuel, ethanol, methane and other alternative energy sources.
Read more »
AppFolio to cut 9% of its workforce By Investing.comAppFolio to cut 9% of its workforce
Read more »