Energy Update
LAUNCESTON, Australia, Sept 20 (Reuters) - Thermal coal has
been one of the commodity success stories this year, but there
is a risk that it becomes a victim of its own success by eating
into its advantage over liquefied natural gas (LNG) in
generating electricity.
Instead of the relatively ho-hum day-to-day ups and downs that pass for normal in the world of buying and selling commodities, those who deal in jet fuel in the Chicago area have had to familiarize themselves with terms enough to make market players pull their hair out.
(Tue, 20 Sep 2016) The U.S. Energy Information Administration now provides a report with daily information on Southern California energy markets, the <em>Southern California Daily Energy Report</em>, to help give context to the Aliso Canyon natural gas storage situation.
BEIJING, Sept 20 (Reuters) - The Chinese authorities have
frozen part of commodity trader Trafigura's investment in a
Chinese copper smelter as part of a years-long probe into the
Swiss firm's oil trading, according to documents from the police
and banks reviewed by Reuters.
Venture capital investments in the energy storage sector topped $175 million in the first half of 2016, according to Mercom Capital Group, whose analysis shows that lithium-ion and sodium-based batteries received the lion's share of that money.
WASHINGTON, Sept 19 (Reuters) - The United States is
"outraged" by reports that a humanitarian aid convoy was bombed
near Aleppo, Syria, on Monday and Washington will reassess
future cooperation with Russia, a U.S. State Department
spokesman said.
LONDON, Sept 19 (Reuters) - Hedge funds scaled back some of
their short positions in crude oil futures and options after
prices failed to fall further, suggesting the market was running
out of negative momentum.
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.