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EV’s are an increasingly large part of the clean energy boom, and as the tipping point for electric vehicles draws nearer, profitability and investment in the sector is set to rise much further
Premium Content Russia Is The Biggest Winner In The OPEC+ Deal By Vanand Meliksetian - Feb 02, 2021, 10:00 AM CST OPEC has been the most important actor in global oil markets with the ability to influence prices for decades. The shale revolution in the U.S. has brought much uncertainty for traditional producers due to the vast amounts of oil and gas that are flowing from the American energy heartland in a short period. The looming threat is so big, that erstwhile competitor Russia agreed to align its policies with the cartel's. Moscow, however, is eager to squeeze all it can from t...
OPEC has been the most important actor in global oil markets with the ability to influence prices for decades. The shale revolution in the U.S. has brought much uncertainty for traditional producers due to the vast amounts of oil and gas that are flowing from the American energy heartland in a short period. The looming threat is so big, that erstwhile competitor Russia agreed to align its policies with the cartel’s. Moscow, however, is eager to squeeze all it can from the agreement, leaving little for Saudi Arabia in particular who risks losing much more due to the particular phase of the c...
Most-Shorted Companies Resume Surge In Premarket (SPY +1.0%). Biggest premarket movers: Tesla, CureVac, Otis Worldwide. Airlines cancel most NYC-area flights. Here is the current market situation from CNN Money European markets are mixed today. The DAX is up 1.43% while the FTSE 100 gains 1.07%. The CAC 40 is off 2.02%. What Is Moving the Markets Here are the headlines moving the markets. Will U.S. Shale Finally Reward Shareholders? U.S. oil prices above $50 a barrel are helping the shale patch to generate more cash flow, especially after the massive capital spending cuts last year. But hi...