Crude Stabilizes, Tariff Uncertainties Weigh On Sentiment
Market comments on behalf of Terence Hove Financial Markets Strategist Consultant to Exness
Crude oil futures are attempting to stabilize after four consecutive sessions of decline, with slight gains observed in prices. Optimism emerged as the U.S. exempted automakers from tariffs and discussions surfaced about potentially removing the 10% tariff on Canadian energy imports. This could provide some support to the oil...
WTI crude oil suffers a sharp drop due to OPEC+ decisions
Written by Antonio Di Giacomo, Senior Market Analyst at XS.com
The price of West Texas Intermediate (WTI) started the session on February 3, 2025, with a bullish momentum, opening with a gap above $74.70 per barrel. However, the session was marked by high volatility, leading to a drop of more than 4%, bringing the price down...
World first concept for rechargeable cement-based batteries
Imagine an entire twenty storey concrete building which can store energy like a giant battery. Thanks to unique...
Renewable Energy Jobs Continue Growth to 11.5 Million Worldwide
Renewable energy continues to bring socioeconomic benefits by creating numerous jobs worldwide, according to the latest...
Global power industry tenders: Thermal technology up 22% in August 2020
Thermal technology tenders activity in August 2020 saw 182 tenders announced, marking a rise...
Middle East remains on track to bring significant refining capacity online
After years of talk about the declining role of oil in the global economy,...
Renewables Account for Almost Three Quarters of New Capacity in 2019
The renewable energy sector added 176 gigawatts (GW) of generating capacity globally in 2019,...
Coronavirus pandemic disrupts the global solar PV supply chain
The disruption caused by the coronavirus (COVID-19) pandemic on Chinese solar photovoltaic (PV) manufacturing companies has...
