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  • Record clean energy spending is set to help global energy investment grow by 8% in 2022

    From iea.org

    Driven by renewables and energy efficiency – as well as rising costs – today’s levels of capital spending are still far from sufficient to tackle the energy and climate crises Global energy investment is set to increase by 8% in 2022 to reach USD 2.4 trillion, with the anticipated rise coming mainly in clean energy, according to a new report by the International Energy Agency. Although encouraging, the growth investment is still far from enough to tackle the multiple dimensions of today’s energy crisis and pave the way towards a cleaner and more secure energy future. The fastest growth in energy investment is ... (full story)

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    Biden on Wednesday will call on Congress to temporarily suspend federal fuel tax to help with...

    From @breakingmkts|Jun 22, 2022|4 comments

    tweet at 5:00am: U.S. PRESIDENT BIDEN ON WEDNESDAY WILL CALL ON CONGRESS TO TEMPORARILY SUSPEND FEDERAL FUEL TAX TO HELP WITH RECORD PRICES - SENIOR ADMINISTRATION OFFICIAL tweet at 5:00am: US BIDEN WILL CALL ON STATES TO ALSO SUSPEND FUEL TAXES OR ENACT OTHER MEASURES TO COMBAT HIGH GAS PRICES - SENIOR ADMINISTRATION OFFICIAL.

    IEA Gould: Oil, gas current spending insufficient to meet demand

    From @FirstSquawk|Jun 22, 2022

    tweet at 4:39am: IEA GOULD SAYS OIL, GAS CURRENT SPENDING INSUFFICIENT TO MEET DEMAND

    China May No Longer Be A Pillar Of Growth For Global Oil Markets

    From oilprice.com|Jun 22, 2022

    After a relentless seven-month march, the oil price rally appears to be in danger of collapsing after oil prices pulled sharply from their recent highs. Oil prices have been ...

    •   Newer Stories
    Natural Gas Price Analysis for June 22, 2022

    From fxdailyreport.com|Jun 22, 2022

    Natural gas continues to trend lower on its short-term time frame, moving inside a newly-forming falling channel on its hourly chart. Price is hovering around the middle of the ...

    As Biden weighs a federal gas tax holiday, here’s what that could mean for prices at the pump

    From cnbc.com|Jun 22, 2022

    For months, drivers across the U.S. have faced eye-popping prices when they fill up their gas tanks. Now, President Joe Biden is weighing a new remedy — a federal gas tax holiday. ...

    UK inflation hits new 40-year high of 9.1% as food and energy price surge persists

    From cnbc.com|Jun 22, 2022

    U.K. inflation hit 9.1% year-on-year in May as soaring food and energy prices continue to deepen the country’s cost-of-living crisis. The 9.1% rise in the consumer price index, ...

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  • Story Stats
  • Posted: Jun 22, 2022 5:31am
  • Submitted by:
     Newsstand
    Category: Fundamental Analysis
    Comments: 0  /  Views: 59
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