Energy Update
In June, the UK electorate voted to leave the European Union. Now, the question is: will the UK’s departure be a “Soft Brexit” or a “Hard Brexit” and what will be the impact for the renewables industry?
(Mon, 01 Aug 2016) The U.S. Energy Information Administration recently released the <em>What Drives Petroleum Product Prices</em> website that identifies and tracks several fundamental and financial market factors that influence spot and futures prices of gasoline and distillate, the two most consumed petroleum products in the United States. This website offers charts that highlight changes in consumption, production, inventories, and trade, mostly related to the U.S.
SYDNEY/WELLINGTON, Aug 1 (Reuters) - Australian shares
rallied to a near one-year peak on Monday, with gains across the
board as growing speculation of a rate cut by the Reserve Bank
of Australia (RBA) kept investors bullish in the lead-up to
earnings season.
July 31 (Reuters) - Tesla Motors Inc and SolarCity
Corp could announce they have agreed to merge as early
as Monday, people familiar with the matter said, setting the
stage for a campaign to convince the two companies' shareholders
to back the deal.
LONDON, July 29 (Reuters) - Middle distillates remain the
one ray of hope for U.S. oil refiners still struggling to clear
a glut of gasoline caused by over-production earlier in the
year.
BEIJING, Aug 1 (Reuters) - China's leadership is resisting
pressure from elements within the military for a more forceful
response to an international court ruling against Beijing's
claims in the South China Sea, sources said, wary of provoking a
clash with the United States.
TRIPOLI, July 31 (Reuters) - Libya's state oil company said
on Sunday it welcomed the "unconditional" reopening of blockaded
oil ports following a controversial deal between the U.N.-backed
government and a force that controls key eastern terminals.
TRIPOLI, July 31 (Reuters) - Libya's state oil company said
on Sunday it welcomed the "unconditional" reopening of blockaded
oil ports following a deal between the U.N.-backed government
and the Petroleum Facilities Guard.
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