U.S. President Joe Biden's administration on Tuesday finalized a methane fee for big oil and gas producers meant to slash emissions of the powerful greenhouse gas, but which is likely to be scrapped by the incoming presidency of Donald Trump. The methane charge is among the last actions the outgoing administration has taken to tackle the second most prevalent greenhouse gas after carbon dioxide that tends to leak into the atmosphere undetected from drill sites, gas pipelines and other oil and gas equipment.
The market seems to be on “steroids” after Donald Trump’s victory in the US Presidential elections last week, with strong risk-on flows and even theUS Dollar pushing higher despite the Fed cutting...
Oil prices are trading back and forth on mixed signals from our good friends at the OPEC cartel and their felling of pessimism that is out of line with the optimism of the Trump Train...
(Bloomberg) -- US Treasuries slumped as investors looked to rekindle a selloff spurred by Donald Trump’s presidential victory last week.Most Read from BloombergThe Leaf Blowers Will Not Go QuietlyArizona Elections Signal Robust Immigration Enforcement Under TrumpScoring an Architectural Breakthrough in Denver’s RiNo DistrictKey Ballot Initiatives and Local Races Highlight Views on Abortion, ImmigrationYields on the 10-year benchmark bond rose as much as 5 basis points to 4.36% as of 8:13 a.m. in
(Bloomberg) -- Oil fell for a third day on a soft demand outlook in China, a stronger US dollar, and concerns the market may flip to oversupply.Most Read from BloombergThe Leaf Blowers Will Not Go QuietlyArizona Elections Signal Robust Immigration Enforcement Under TrumpScoring an Architectural Breakthrough in Denver’s RiNo DistrictKey Ballot Initiatives and Local Races Highlight Views on Abortion, ImmigrationBrent dropped below $72 after shedding 5% over two sessions, with West Texas Intermedia
Investor exuberance has rarely been so optimistic. In a recent post, we discussed investor expectations of returns over the next year, according to the Conference Board’s Sentiment Index. To...
Gold Continues to Fall Gold (XAU/USD) declined by over 2.4% yesterday, settling near the $2,600 support level. Experts believe this correction could lead to a further decrease. Traders expect the US...
We discuss the reasons why a secular bear market will begin sometime in the next four years. Its a commentary on the conditions, not on Trump or his policy.
Bitcoin added another 10% and came just shy of the $90K per coin, while Ethereum flirted with the $3400 mark. The crypto-friendly Donald Trump – who says that the US should become the center of the...