Energy Update

You are here

* Iraq must compensate firms for output curbs -documents,
sources

US-based oil refiner Tesoro has entered into an agreement to buy Western Refining for $4.1bn to create a highly integrated and geographically diversified company.

* Energy and transportation shares corrected from recent
rally

* Strong dollar weighs as U.S. Fed rate hike chance
increases

(Fri, 18 Nov 2016) After declining for several months, the share of U.S. electricity fueled by coal is expected to slowly begin growing when compared to the same period last year. In contrast, the share of generation from natural gas is expected to experience year-over-year declines.

China home prices continue to rise in Oct, monthly growth
slows

CARACAS, Nov 17 (Reuters) - Venezuela said it would tap $2.2
billion from a Chinese credit line to boost oil output at joint
ventures with China National Petroleum Corp, in a boost for the
South American country's struggling oil industry and a show of
unity with a key ally.

* Strong dollar weighs as U.S. Fed rate hike chance
increases

Microsoft Corp. committed to its largest wind power purchase to date with a deal to buy 237 MW of capacity from projects in Wyoming and Kansas.

(Recasts; Adds data on mutual funds and ETFs, analyst quote,
table, byline)
By Trevor Hunnicutt
NEW YORK, Nov 17 (Reuters) - Investors turned on a dime
after Donald Trump's surprise victory as U.S. president,
showering the most money on U.S.-based stock exchange-traded
funds ever during the latest week, Lipper data showed on
Thursday.
The cash movements over the seven days through Wednesday

Pages

GET IN TOUCH

  • 1875 I Street NW, International Square, 
       Washington, District Of Columbia, 20006
  • Phone: +1 (888) 317-3839
  • Email: info@mglllc.com

About

Misha Gerhard & Lewis LLC is International Strategic Consulting Firm with an extensive presence in the most rapidly developing regions of the world.