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Browsing: Macro & Financial
AI data centers are forcing obsolete ‘peaker’ power plants back into service – Oil & Gas 360
(BOE Report)– In Chicago’s working-class Pilsen neighborhood, a 60s-era oil-fired power plant rises up from an industrial lot behind Dvorak…
(Investing)– Oil prices settled higher on Tuesday as investors assessed stronger-than-expected U.S. economic growth and the risk of disruptions to…
(Oil Price)– Sweden’s power giant Vattenfall announced on Tuesday it is applying for state aid for an investment in small modular…
(Oil Price)– Iraq on Tuesday announced a complete suspension of natural gas imports from Iran, a move the electricity ministry…
(BOE Report)– Oil prices posted modest rises on Wednesday, extending gains from the previous session, supported by robust U.S. economic…
(Oil Price)– The American Petroleum Institute (API) estimated that crude oil inventories in the United States saw a build of…
On Tuesday, the rupee settled at 89.63 against the US dollar.The rupee pared initial gains and settled for the day…
BP Sells Majority Stake in Castrol to Stonepeak for $6 Billion in Major Restructuring, ETEnergyworld
The Castrol sale is the centerpiece of BP’s asset-disposal strategy to reduce its debt burden. BP said on Wednesday it…
The sanctions have also stalled Nayara’s petrochemical projects. Meanwhile, the refinery continues processing Russia’s Urals crude after disruptions from Saudi…
Oil prices rose on Tuesday. Strong US economic growth and potential supply disruptions from Venezuela and Russia supported the gains.…