Energy Update

You are here

LAUNCESTON, Australia, Oct 27 (Reuters) - One of the
enduring features of pricing for crude oil and products is the
tug-of-war between long-term structural drivers and short-term
factors, a scenario currently being played out in Asian fuel
markets.

FRANKFURT/MILAN, Oct 27 (Reuters) - Deepening setbacks to
France's nuclear reactors have shaken confidence in Europe's
wholesale electricity markets as traders push winter prices to
new highs in anticipation of fresh outages and tight supply.

Oct 27 (Reuters) - ConocoPhillips reported a
smaller-than-expected quarterly loss, helped by lower expenses,
and cut its capital budget forecast for the year.

LONDON, Oct 27 (Reuters) - Warmer than normal weather is
forecast to persist across the United States well into November,
which has sent gas prices tumbling, reversing an earlier rally.

Oct 27 (Reuters) - Husky Energy Inc, Canada's No. 3
integrated oil company, reported a bigger-than-expected
quarterly loss as weak crude oil prices continued to eat into
profits.

Solar's unrealized energy potential and associated benefits are vast. In June, the International Renewable Energy Agency estimated that solar's share of global power generation could rise from 2 percent today to 13 percent by 2030.

* Jan-Sept oil and gas output down 8 pct; crude down 12.6
pct

Oct 27 (Reuters) - U.S. oil producer ConocoPhillips
reported a smaller quarterly loss as it cut production and
operating expenses.

PARIS, Oct 27 (Reuters) - France's National Assembly on
Thursday rejected the latest move to introduce an additional
levy on palm oil, the widely used food and cosmetics ingredient
that has been blamed for encouraging deforestation and posing
health concerns.

Oct 27 (Reuters) - Marathon Petroleum Corp reported
an 84.7 percent drop in quarterly profit, partly hurt by lower
refining margins.

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.