Archives for January 2020
Oil climbs the most in 2 weeks as trade deals boost optimism
(Bloomberg) — Oil posted its largest gain in almost two weeks, swept along in a broader equities rally as the preliminary U.S.-China trade truce and an accord between America, Canada and Mexico fueled optimism about...
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Microsoft pledges to remove more carbon than it emits by 2030
Microsoft on Thursday announced plans to remove more carbon than it emits by the end of the decade, a pledge that addresses the climate change crisis more aggressively than many of its tech rivals. Source:...
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CenterPoint rate increase request delayed
The Public Utility Commission delayed consideration of CenterPoint Energy’s request to raise rates until later this month. Source: FuelFix
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'A sector in disarray': Oil majors live beyond their means on investor payouts, study finds
The largest oil and gas companies for years have lived beyond their means and paid out more money to investors than they can reasonably afford, according to a new report. Source: FuelFix
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Oil near 6-week low as ample supply offsets trade hopes
Oil traded near its lowest closing level in six weeks as cautious hopes that the U.S.-China trade pact will support demand were offset by signs of ample supply. Source: FuelFix
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