-
Price action in oil yesterday clearly showed that the market was disappointed by the decision taken by OPEC+ over the weekend. ICE Brent settled almost 3.39% lower on the day and below US$79/bbl - a level last seen in February. While the extension of additional voluntary supply cuts into 3Q24 leaves the market in deficit over the upcoming quarter, the ...
-
Since 1980, there have been 383 extreme weather or climate disasters where the damages reached at least $1 billion. In total, these disasters have cost more than $2.7 trillion. Created in partnership with the National Public Utilities Council, this chart shows how these disasters have been increasing with each passing decade. A Growing Concern: The U.S. ...