West Texas Intermediate futures dipped below US$82 a barrel on Monday after previously posting the longest run of weekly increases since June. A returning appetite for risk was fueling a greenback rally as stocks rose from Hong Kong to London. Lingering concerns over global inflation and demand for oil products were also a factor.
The IEA warned on Friday that the surprise OPEC production cut announced earlier this month will lead to painful price increases for consumers. The supply curbs that begin in May should further tighten the outlook for the second half of the year, the agency said. “OPEC+ cuts have clearly boosted prices,” Warren Patterson, the Singapore-based head of commodities strategy at ING Groep NV, said in a note. “However, weaker refinery margins are a concern, signaling weaker demand, particularly for middle distillates.”
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G7 energy, environment leaders haggle over climate strategySAPPORO, Japan (AP) — Energy and environment ministers of the Group of Seven wealthy nations met Saturday in northern Japan, seeking to reconcile the world's heavy reliance on fossil fuels with the urgency of ending carbon emissions to stave off the worst consequences of climate change. “G7 energy, environment leaders haggle over best way to drive their nations into abject poverty” The G7 and Nato are useless and should be dismantled
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G7 energy, environment leaders haggle over climate strategyEnergy and environment ministers of the Group of Seven wealthy nations met Saturday in northern Japan, seeking to reconcile the world's heavy reliance on fossil fuels to stave off the worst consequences of climate change. Bunch of fuckin losers burning our hard earned tax dollars. Climate scam Haggle over how much money to scam out of people? Nice of Canada to send a known eco terrorist as our representative.
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Why LNG might not solve Canada’s long-term energy challenges - National | Globalnews.caThe idea of using natural gas as an interim solution to the challenge of meeting present-day demand for energy while reducing carbon emissions has been gaining traction. Might?
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G7 vows to step up moves to renewable energy, zero carbonEnergy and environment ministers of the G7 wealthy nations vowed Sunday to work to hasten the shift toward cleaner, renewable energy. Whenever the G7 gets together , people need to start worrying . I said it before and I’ll say it again. Nothing good ever comes out of these meetings . All they do is plan on how to make people’s lives more miserable . It needs to be dissolved. World Economic Forum vows to step up moves to renewable energy, zero carbon by 2030. There Fixed It For Ya.!!. Biggest hoax by the billionaires puppets …
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