Energy Update
Lighting makes up nearly 10 percent of the energy costs in our homes. But how many of us actually flip off that switch when leaving the room? Probably not that many. It seems that leaving the lights on just isn’t that big of a deal, right?
LONDON, Jan 6 (Reuters) - OPEC and non-OPEC members have
pledged to cut their combined oil production by an average of
just over 1.7 million barrels per day (bpd) in the first six
months of 2017.
YENAGOA, Nigeria, Jan 6 (Reuters) - Nigerian oil labour
union Nupeng has suspended a strike at Total's fuel
depots after an agreement was reached to end a row over
sackings, a union official said on Friday.
TOKYO, Jan 6 (Reuters) - Japan's JERA Co said on Friday it
imported the country's first liquefied shale gas cargo from the
United States as part of efforts to diversify its supply.
Jan 6 (Reuters) - British engineering company Fenner Plc
said on Friday it expected the current full-year
results to be "comfortably above" its expectations as order
intake and customer enquiries improved.
(Fri, 06 Jan 2017) U.S. regular retail gasoline prices averaged $2.14 per gallon (gal) in 2016, 29 cents/gal (12%) less than in 2015 and the lowest annual average price since 2004. Lower crude oil prices in 2015 were the main cause of lower gasoline prices. In 9 of the 10 cities for which EIA collects weekly retail price data, gasoline prices did not exceed $3.00/gal.
SHANGHAI, Jan 6 (Reuters) - Hong Kong stocks extended
yesterday's sharp gains on Friday morning, set to have their
best week in four months, as weakness in the U.S. currency and
low treasury yields helped ease fears of capital outflow from
emerging markets.
HAVANA, Jan 5 (Reuters) - Cuba announced a landmark deal on
Thursday to sell charcoal to a U.S. company, the first legal
Cuban export to the United States in five decades, as part of
the fragile rapprochement between the former Cold War foes.
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