Energy Update
Mounting losses, depressed demand and capacity closures have all been causes of misery for European steel producers, reflected in perennially low finished prices. What is the outlook for the market?
LAUNCESTON, Australia, April 5 (Reuters) - It's not hard to see why Saudi Arabia is reluctant to take the relatively modest step of freezing crude output unless Iran also joins the producer initiative to support oil prices.
For more than a century, Dawson Singletary’s family has grown tobacco, peanuts and cotton on a 530-acre farm amid the coastal flatlands of North Carolina. Now he’s making money from a different crop: solar panels.
According to a recent study, residential solar installation costs in the U.S. were basically unchanged from Q4 2014 to Q4 2015. But Customer Acquisition costs actually went up. While solar panel, inverter and mounting system costs have consistently declined, the data show that it is getting increasingly expensive to identify, contact and sell a system to a homeowner.
HARLOW, England, April 5 (Reuters) - The leader of Britain's main opposition party called on government on Tuesday to tackle tax havens, saying it was time British Prime Minister David Cameron stopped allowing "the super rich elite dodge their taxes".
CUSHING, OK, April 5 (Reuters) - From the air above this small Oklahoma town, the 300 steel oil storage tanks that dot the landscape appear filled to the brim, their floating lids bobbing atop more than 65 millions of barrels of oil.
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