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Showing posts with the label September 25

Iran sanctions to cut oil supply by 1.7 million barrels per day by year-end: Platts

Iran sanctions to cut oil supply by 1.7 million barrels per day by year-end: Platts https://cnb.cx/2QVTKci Jeff Mower of S&P Global Platts discusses the outlook for crude oil production and prices as fresh sanctions against Iran are coming into effect. https://ift.tt/2PddWW7 September 25, 2018 at 01:45PM Energy https://cnb.cx/2KU3Ztw

Oil prices drop, Brent moves further away from 4-year high

Oil prices drop, Brent moves further away from 4-year high https://cnb.cx/2IhjtYQ Oil prices fell on Wednesday following comments from Washington's special envoy for Iran that the U.S. would ensure that oil markets are well supplied before sanctions on Iran are reimposed. https://ift.tt/2PddWW7 September 25, 2018 at 03:22PM Energy https://cnb.cx/2KU3Ztw

Cramer Remix: Don't overthink—the oil rally is for real

Cramer Remix: Don't overthink—the oil rally is for real https://cnb.cx/2OVapLS Jim Cramer explains why investors shouldn't let caution trick you into missing straightforward moves. https://ift.tt/2PddWW7 September 25, 2018 at 01:05PM Energy https://cnb.cx/2KU3Ztw

Cramer Remix: Don't overthink—the oil rally is for real

Cramer Remix: Don't overthink—the oil rally is for real https://cnb.cx/2xF0wev Jim Cramer explains why investors shouldn't let caution trick you into missing straightforward moves. https://ift.tt/2PddWW7 September 25, 2018 at 01:01PM Energy https://cnb.cx/2KU3Ztw

Could be significant hole in market without Iranian oil, says RBC's Helima Croft

Could be significant hole in market without Iranian oil, says RBC's Helima Croft https://cnb.cx/2ztoJ8J Helima Croft, RBC Capital Markets global head of commodity strategy, discusses President Trump's criticism of OPEC over high oil prices. https://ift.tt/2PddWW7 September 25, 2018 at 08:34AM Energy https://cnb.cx/2KU3Ztw

Trump is relying on OPEC to tame oil prices, but analysts say that's a mistake

Trump is relying on OPEC to tame oil prices, but analysts say that's a mistake https://cnb.cx/2OcCAJ0 Analysts say OPEC's ability to drive down the cost of crude will be limited until it gets the opportunity to prove it can fill the gap left by falling Iranian exports. https://ift.tt/2PddWW7 September 25, 2018 at 06:13AM Energy https://cnb.cx/2KU3Ztw

Trump tells UN General Assembly OPEC is 'ripping off' the world

Trump tells UN General Assembly OPEC is 'ripping off' the world https://cnb.cx/2PZMJpq President Donald Trump brought his long-held grievance against OPEC to the halls of the United Nations headquarters during the UN General Assembly. https://ift.tt/2PddWW7 September 25, 2018 at 05:03AM Energy https://cnb.cx/2KU3Ztw

Europe, Russia and China join forces with a new mechanism to dodge Iran sanctions

Europe, Russia and China join forces with a new mechanism to dodge Iran sanctions https://cnb.cx/2pxHG4x The mechanism, called a "special purpose vehicle", would aim to "assist and reassure economic operators pursuing legitimate business with Iran," according to a joint statement released by the Iranian nuclear deal's remaining members.  https://ift.tt/2PddWW7 September 25, 2018 at 05:38AM Energy https://cnb.cx/2KU3Ztw

Luxury electric car maker Lucid is building a charging network with VW in another jab at Tesla

Luxury electric car maker Lucid is building a charging network with VW in another jab at Tesla https://cnb.cx/2zsVK5e Electrify America will build 500 charging sites across 40 U.S. states in an effort to b https://ift.tt/2PddWW7 September 25, 2018 at 04:24AM Energy https://cnb.cx/2KU3Ztw

BMW warns of lower profits on new emissions rules and escalating trade war 'distorting demand'

BMW warns of lower profits on new emissions rules and escalating trade war 'distorting demand' https://cnb.cx/2NDU3ut BMW had already expected 2018 to be a challenging year, but the trade war and new emissions standards have forced the automaker to revise targets.  https://ift.tt/2PddWW7 September 25, 2018 at 02:50AM Energy https://cnb.cx/2KU3Ztw

Shell CEO says $80 oil supports energy infrastructure investment, even as steel quotas raise costs

Shell CEO says $80 oil supports energy infrastructure investment, even as steel quotas raise costs https://cnb.cx/2pALbac https://ift.tt/2PddWW7 September 25, 2018 at 01:38AM Energy https://cnb.cx/2KU3Ztw

World's biggest baking company goes green

World's biggest baking company goes green https://cnb.cx/2xJPLH0 Grupo Bimbo wants to use more renewable electricity.  https://ift.tt/2PddWW7 September 25, 2018 at 12:40AM Energy https://cnb.cx/2KU3Ztw