Energy Update

You are here

ALGIERS, Dec 8 (Reuters) - The United Nations urged Libyan lawmakers who signed a separate peace proposal to back a U.N.-sponsored deal between the country's warring factions, saying remaining differences could be worked out after the accord.

WASHINGTON/UNITED NATIONS, Dec 7 (Reuters) - Iran tested a new medium-range ballistic missile last month in a breach of two U.N. Security Council resolutions, two U.S. officials said on Monday.

* But oil glut remains as OPEC keeps pumping crude (Adds China detail, comment; updates prices)

LAUNCESTON, Australia, Dec 8 (Reuters) - - China's buying of crude for strategic reserves isn't enough by itself to support prices, but try to imagine how much lower oil could fall if Beijing slowed or even halted its stockpiling.

(Tue, 08 Dec 2015) The U.S Energy Information Administration recently released data from its Nuclear Fuel Data Survey on the amount, type, and characteristics of spent nuclear fuel once it is discharged from a reactor. As nuclear electricity generation has continued to increase, the inventory of discharged spent fuel from nuclear reactors has grown steadily since the 1970s.

BEIJING, Dec 8 (Reuters) - A blanket of humid, still air resulting in smog that is expected to shroud Beijing for at least three days triggered the capital's first ever pollution "red alert" on Tuesday as many residents ignored warnings to limit their time outdoors.

BEIJING, Dec 8 (Reuters) - China's November crude oil imports rose 7.6 percent from the same month a year ago, data showed on Tuesday, as state energy firms extended the strategy of maintaining strong buying on low crude prices and exporting surplus refined fuel.

* Oil price slump could spawn better opportunities - investor

SINGAPORE, Dec 8 (Reuters) - Crude prices remained near 7-year lows in early Asian trading on Tuesday as OPEC continues to pump near record oil to defend market share, compounding a glut that is seeing hundreds of thousands of barrels produced every day in excess of demand.

WASHINGTON/UNITED NATIONS, Dec 7 (Reuters) - Iran tested a new medium-range ballistic missile last month in a breach of two U.N. Security Council resolutions, two U.S. officials said on Monday.

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.