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From increased inflation to US banks going bust and weakened demand for diesel, several factors have intensified fears of a recession in the United States. Experts say a recession remains ‘likely’ this year and that the Federal Reserve is in a tight spot
The EIA has forecast that US consumption of gas will keep falling, and any drop in demand is significant in the world's biggest single market for the oil product.
The EIA has forecast that US consumption of gas will keep falling, and any drop in demand is significant in the world's biggest single market for the oil product.
This week we kick off with Chinese energy and commodity trends: in power generation, renewable share has grown at the expense of thermal, while steel markets are looking for signs of improving demand. Plus, a look at the pattern of US energy costs and recessions, and California low-carbon power generation. 1. China’s use of thermal ...
Russia will increasingly use barter and specific currency transactions for energy supplies, an S&P Global Commodity Insights analyst said May 24, as a default looms for billions of dollars in foreign currency reserves if the US allows a key waiver to expire May 25. “Ultimately, Russia is likely to see its financial system backed by ...