The Real Crisis For Oil is Yet To Come
Italian energy major, Eni, described 2020 as a “year of war”, regarding the energy crisis experienced in the face of a global pandemic. But it may be too soon to see the issues faced last year as a thing of the past.
Natural Gas Markets Stall
Natural gas markets shot higher during the week but have ended up forming a shooting star. It sits just above the 200 week EMA, so that could attract attention.
Gold price getting crushed
Trillions of dollars were pumped into financial markets in 2020 and that won't come without consequences. Economists expect that investors will be Bracing For Inflation in 2021.
Oil Steadies Near $50 After Surging on Surprise Saudi Output Cut
Oil steadied in Asia after surging to a 10-month high on Saudi Arabia’s pledge to cut an extra 1 million barrels a day of crude output in February and March as a rampant coronavirus leads to more lockdowns.
Iran issues Interpol notice for 48 US officials including Trump
The second Interpol arrest request for US President Donald Trump comes two weeks before he has to leave the White House.
Gold Price Forecast – Gold Prices Confirming Breakout, Silver and Platinum Leading
The 6-month cycle in gold bottomed in November, and prices are confirming a breakout. Silver and platinum are leading the surge higher and are displaying explosive potential.
U.K. Bets 2 Million Vaccine Shots a Week Will End Lockdown
Boris Johnson pinned his hopes for a national recovery on a plan to deliver 2 million coronavirus vaccinations a week, as the U.K. went back into lockdown in an attempt to prevent hospitals from being overwhelmed.
Oil prices touch multi-month highs as OPEC+ expected to cap output
As prices rose in line with broader financial markets, Brent crude futures reached $53.33 a barrel, the highest since March 2020. U.S. West Texas Intermediate (WTI) crude touched $49.83 a barrel, the highest since February 2020.
Trump’s call to Georgia election officials highlights White House bunker mentality
Trump's actions are giving Americans a taste of the maneuvers autocrats engage in when they feel desperate to keep power.
Future Zero-Emissions Power Plant
The U.S. Department of Energy’s (DOE) Princeton Plasma Physics Laboratory (PPPL) is collaborating with private industry on cutting-edge fusion research aimed at achieving commercial fusion energy.