3 days Houthis Claim Drone Attack On Saudi Aramco Oil Facility 3 days Two-Thirds Of Americans Are Interested In Electric Vehicles 3 days Venezuela Ups Domestic Oil Refining, Hurting Crude Exports 3 days Refiner Valero: U.S. Renewable Diesel Stocks Are Running Low 3 days China Pledges To Start Cutting Coal Consumption In 2026-2030 4 days Africa’s Largest Oil Producer Loses $29B Per Year On Power Outages 4 days Biden’s Aggressive Emissions Target Could Have A Major Impact On U.S. Oil 4 days Iran Exports 500,000 Bpd Despite Sanctions 4 days Mexico Congress Passes Controversial Pro-Pemex Bill 4 days U.S. Cancels All Q2 Oil, Gas Lease Sales
3 days Houthis Claim Drone Attack On Saudi Aramco Oil Facility 3 days Two-Thirds Of Americans Are Interested In Electric Vehicles 3 days Venezuela Ups Domestic Oil Refining, Hurting Crude Exports 4 days Refiner Valero: U.S. Renewable Diesel Stocks Are Running Low 4 days China Pledges To Start Cutting Coal Consumption In 2026-2030 4 days Africa’s Largest Oil Producer Loses $29B Per Year On Power Outages 4 days Biden’s Aggressive Emissions Target Could Have A Major Impact On U.S. Oil 4 days Iran Exports 500,000 Bpd Despite Sanctions 4 days Mexico Congress Passes Controversial Pro-Pemex Bill 5 days U.S. Cancels All Q2 Oil, Gas Lease Sales
New global COVID cases just hit a record high (SPY -0.7%). Netflix stock down over 10% in late trading after quarterly results. Energy and financial sectors slide.
The Market in Perspective
Here are the headlines moving the markets.
Why Dogecoin Wont Fall Into Bitcoins Energy Trap Dogecoin is ridiculous, and thats the whole point. The cryptocurrency that started out as a joke is now a meme come to very lucrative life, with nearly $50 billion worth of dogecoins in circulation today. In fact, the quirky cryptocurrency is red hot, and its value has skyrocketed more than 6,000% this year, making it the fifth most valuable cryptocurrency in the world. The joke started on December 6, 2013, when a pair of software engineers decided to lampoon bitcoin, which keeps itself and its creator shrouded in mystery and takes
India’s fuel consumption could rise by 9.8% in the year to March 2022, its highest pace of growth in six years, driven by robust demand for gasoline and gasoil in Asia’s third largest economy, according to initial government projections. Higher expectation of fuel consumption, a proxy for oil demand, points to a sharp recovery in .
India could consume 215.24 million tonnes of refined fuels in the financial year 2021/22 compared to the revised estimate of 195.94 million tonnes consumed in 2020/21, data posted on the website of Petroleum Planning Analysis Cell (PPAC) showed