Energy

A photo taken on August 19, 2013 shows a worker checking oil tanks at an oil well near Tioga, North Dakota. Karen Bleier | AFP | Getty Images Oil prices dropped about 1% on Wednesday following a surprise build in U.S. crude inventories, and as investors waited to see if a fresh round of tariffs
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Artem Hvozdkov | Moment | Getty Images Companies with the highest level of carbon emissions will lose 43% of their value by 2025 as governments around the world implement climate policies, a new report has claimed. Published Monday, the report from the UN-backed Principles of Responsible Investing (PRI), Vivid Economics and Energy Transition Advisors estimated
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Youth march along Pennsylvania Avenue to the U.S. Capitol Building as part of the Global Climate Strike protests on September 20, 2019 in Washington, DC. Samuel Corum | Getty Images Top issues in 2020 will include inequality and climate change, Saxo Bank’s chief economist said on Monday. “Across the board, inequality and climate will actually
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Energy ministers from some of the world’s largest oil producers have agreed to deepen recurring production cuts by an additional 500,000 barrels per day (b/d) through to March 2020. OPEC and non-OPEC allies, often referred to as OPEC+, decided to implement tighter oil production policy at a biannual meeting in Vienna, Austria on Friday. The
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OPEC’s meetings appear to be in disarray even before they begin this week, but analysts see a growing chance the fractured group may ultimately agree to deeper production cuts. Members of the Organization of the Petroleum Exporting Countries meet Thursday in Vienna, and they will be joined by Russia and other non OPEC producers Friday. That
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Workers cross walkways between zones aboard an offshore oil platform in the Persian Gulf’s Salman Oil Field, near Lavan island, Iran, on Jan. 5. 2017. Ali Mohammadi | Bloomberg | Getty Images Oil prices were steady on Tuesday, holding onto gains from the previous session, after positive comments from the United States and China kept
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