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Category: Market Update
Economic weakness out of Europe coupled with strong job data out of the U.S. has the dollar soaring against the Euro. As a result of a strong dollar, the commodities markets are selling off aggressively as investors take risk off the table including the global equity markets. In addition, weakness out of Europe, China’s biggest...
Latest News
- WoodMac: Permian basin production growth could slow early next decadeOperators implemented technology to rapidly increase Permian basin production and they are poised to continue increasing Permian production. But Wood Mackenzie Ltd. suggests geological constraints could lead to long-term production growth declines, perhaps early next decade.
- Trinidad and Tobago’s new master gas plan routes LNG through NGCBP PLC and Royal Dutch Shell PLC may no longer be allowed to sell natural gas directly to Atlanic LNG (ALNG) and will have to transport its gas to ALNG via Trinidad and Tobago’s National Gas Co. (NGC), according to the recommendations contained in the Caribbean twin-island nation’s Natural Gas Master Plan (NGMP).
- Total increases nonoil energy investmentTotal SA is increasing its investment in energy management and renewable energy.