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Environment

Environment

Here’s the inflation breakdown for June 2024 — in one chart

David Paul Morris/Bloomberg via Getty Images Inflation fell further in June as lower gasoline prices combined with other easing price pressures to bring relief...

by admin July 11, 2024
Here's the inflation breakdown for June 2024 — in one chart
Environment

Oil prices rise as inflation eases, bolstering market hopes for Fed rate cut later this year

An oil pumpjack is shown in a field in Stanton, Texas, on June 27, 2024. Brandon Bell | Getty Images News | Getty Images...

by admin July 11, 2024
Oil prices rise as inflation eases, bolstering market hopes for Fed rate cut later this year
Environment

JPMorgan is bullish on this Southeast Asian country, cites opportunities in data centers

NEW YORK, NEW YORK – MAY 26: The JPMorgan Chase logo is seen at their headquarters building on May 26, 2023 in New York...

by admin July 11, 2024
JPMorgan is bullish on this Southeast Asian country, cites opportunities in data centers
Environment

U.S. oil rises as inventories fall, OPEC sees solid demand on stronger economic growth

An oil pump jack is shown in a field in Stanton, Texas, on June 27, 2024. Brandon Bell | Getty Images News | Getty...

by admin July 10, 2024
U.S. oil rises as inventories fall, OPEC sees solid demand on stronger economic growth
Environment

Oil prices fall for third day as Gulf Coast infrastructure recovers from Tropical Storm Beryl

Oil prices fell more than 1% on Tuesday in the third straight day of declines, as Gulf Coast production and refining infrastructure appears to...

by admin July 9, 2024
Oil prices fall for third day as Gulf Coast infrastructure recovers from Tropical Storm Beryl
Environment

BP shares drop 4.3% after warning of up to $2 billion impairment, weak refining margins

BP in 2020 set out its ambition to become a net zero company “by 2050 or sooner.” Matt Cardy | Getty Images News |...

by admin July 9, 2024
BP shares drop 4.3% after warning of up to  billion impairment, weak refining margins
Environment

U.S. crude oil prices fall 1% as market assesses Tropical Storm Beryl impact

U.S. crude oil futures fell 1% on Monday as traders assessed the impact of Tropical Storm Beryl on Gulf Coast refining, production and export...

by admin July 8, 2024
U.S. crude oil prices fall 1% as market assesses Tropical Storm Beryl impact
Environment

U.S. crude oil posts fourth straight weekly gain on solid demand outlook

U.S. crude oil fell on Friday, but still booked a fourth straight weekly gain as falling inventories show an uptick in demand. West Texas...

by admin July 5, 2024
U.S. crude oil posts fourth straight weekly gain on solid demand outlook
Environment

Energy giant Shell to take up to a $2 billion impairment hit on Rotterdam, Singapore plants

The Shell logo is displayed outside a petrol station in Radstock in Somerset, England, on Feb. 17, 2024. Matt Cardy | Getty Images News...

by admin July 5, 2024
Energy giant Shell to take up to a  billion impairment hit on Rotterdam, Singapore plants
Environment

Oil prices rise more than 1% as big drop in U.S. crude, gasoline stocks signals uptick in demand

Crude oil futures gained more than 1% Wednesday as a large drop in U.S. stockpiles signaled an uptick in demand ahead of the Fourth...

by admin July 3, 2024
Oil prices rise more than 1% as big drop in U.S. crude, gasoline stocks signals uptick in demand
Environment

Philippines overtakes China and Indonesia to be most dependent on coal-generated power

Coal-fired power plants in Mariveles, Bataan, the Philippines, on June 6, 2023. Bloomberg | Bloomberg | Getty Images The Philippines’ dependency on coal-fired power...

by admin July 3, 2024
Philippines overtakes China and Indonesia to be most dependent on coal-generated power
Environment

U.S. crude oil pulls back from two-month high as traders assess Israel-Hezbollah, Hurricane Beryl risks

An oil pump jack is shown in a field in Stanton, Texas, on June 27, 2024. Brandon Bell | Getty Images News | Getty...

by admin July 2, 2024
U.S. crude oil pulls back from two-month high as traders assess Israel-Hezbollah, Hurricane Beryl risks
Environment

U.S. crude oil rises more than 2%, tops $83 per barrel ahead of Fourth of July holiday

U.S. crude oil futures on Monday rose more than 2% ahead of the Fourth of July holiday, after booking a 6% gain last month...

by admin July 1, 2024
U.S. crude oil posts fourth straight weekly gain on solid demand outlook
Environment

Collapsed bitcoin exchange Mt. Gox is about to unload $9 billion of coins onto the market. Here’s what it means

Omer Taha Cetin | Anadolu | Getty Images A bitcoin exchange that collapsed 10 years ago after being hacked is set to return billions...

by admin July 1, 2024
Collapsed bitcoin exchange Mt. Gox is about to unload  billion of coins onto the market. Here's what it means
Environment

Failure to meet surging data center energy demand will jeopardize economic growth, utility execs warn

The sun sets behind power lines near homes during a heat wave in Los Angeles, Sept. 6, 2022. Patrick T. Fallon | Afp |...

by admin June 30, 2024
Failure to meet surging data center energy demand will jeopardize economic growth, utility execs warn
Environment

Growth, value stocks could see boost from Russell rebalancing

A bullish move may be ahead for both value and growth in the year’s second half. VettaFi’s Todd Rosenbluth thinks value stocks, which have...

by admin June 29, 2024
Growth, value stocks could see boost from Russell rebalancing
Environment

U.S. needs major nuclear power expansion to meet rising electricity demand, Southern Company CEO says

The United States needs to build a significant number of nuclear plants to supply surging energy demand while also meeting climate goals, the CEO...

by admin June 27, 2024
U.S. needs major nuclear power expansion to meet rising electricity demand, Southern Company CEO says
Environment

We are starting a position in a market-leading renewable energy company

We’re initiating a position in Nextracker , buying 350 shares at roughly $48.18. Following Thursday’s trade, Jim Cramer’s Charitable Trust will own 350 shares...

by admin June 27, 2024
We are starting a position in a market-leading renewable energy company
Environment

Oil prices gain 1% as Israel-Lebanon tensions overshadow soft U.S. demand

Pipes transport refined product to storage tanks at the Buckeye Partners’ Laurel Pipeline terminal in Pittsburgh, Pennsylvania, U.S. May 1, 2017. Jason Cohn |...

by admin June 27, 2024
Oil prices gain 1% as Israel-Lebanon tensions overshadow soft U.S. demand
Environment

Europe wants to send data centers into space — study says it’s possible

A data center. Erik Isakson | DigitalVision | Getty Images The rise of artificial intelligence is skyrocketing demand for data centers to keep pace...

by admin June 27, 2024
Europe wants to send data centers into space — study says it's possible
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