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The energy industry is constantly changing and evolving, and with it comes energy price news, articles, and videos. Energy price news, articles, and videos can help you stay informed about the latest trends in the energy market and how they may affect your utility bills, energy consumption, and overall energy costs. Whether you are a homeowner, business owner, or just someone looking for more information about energy, you can find energy price news, articles, and videos to help you make more informed decisions about your energy usage. Energy price news, articles, and videos can provide valuable insight into the energy market, including information on the latest energy price trends, changes in energy regulations, and the best ways to save money on your energy bills. In addition, energy price news, articles, and videos can provide information on energy efficiency improvements and energy-saving tips. With energy price news, articles, and videos, you can learn about the various types of energy sources, such as renewable energy sources, and how they may affect your energy bills. You can also find out more about energy-related government incentives, such as tax credits, and how they can help you save money on energy costs. In addition to energy price news, articles, and videos, you can also
WEAK COAL and power selling price pulled down the consolidated net income of Semirara Mining and Power Corp. (SMPC) by 30% to P27.9 billion in 2023, the company said on Wednesday. “Last year, we expected energy prices to stabilize so we focused on boosting our mine and plant outputs. Our people played a crucial role […]
Yesterday was a curious day for the ECB as it announced its monetary policy decisions. It's own statement rather guided us towards interest-rate cuts. Let us start with inflation. In the latest ECB staff projections, inflation has been revised down, in particular for 2024 which mainly reflects a lower contribution from energy prices. Staff now…
In a speech delivered in Rome, ECB Governing Council member Fabio Panetta acknowledged the impact of restrictive policies on demand, attributing these measures, alongside the falling energy prices, as key factors in the "rapid fall in inflation".
Over the 12-month period, PCE price index accelerated from 2.4% yoy to 2.5% yoy, matched expectations. Core PCE price index slowed from upwardly revised 2.9% yoy to 2.8% yoy, matched expectations. Goods prices were up 0.2% yoy while services prices increased 3.8% yoy. Food prices were up 1.3% yoy while energy prices decreased -2.3% yoy.
Whilst many of us were enjoying an Easter break the US Bureau of Economic Analysis carried on working and produced this. From the preceding month, the PCE price index for February increased 0.3 percent. Prices for goods increased 0.5 percent and prices for services increased 0.3 percent. Food prices increased 0.1 percent and energy prices increased…
The barrel of US crude remains offered on geopolitical news, or the lack thereof, after Iran attacked Israel this weekend. Israel said at the start of the week that there will be a response, even though the US and allies are putting a lot of effort to prevent a further escalation of tensions with Iran. This being said, Yellen said that there will be more sanctions against Iran for daring to hit Israel. I am not a political expert but the situation in Gaza is already frustrating the supporters of Biden, and I believe that rising tensions in the Middle East on top if it – which would result in higher energy prices - will be offering the presidency on a silver plate to Donald Trump. Therefore, the Biden administration has all the interest in the world to cool tensions, but Israel has been ignoring US’ warnings/recommendations since the beginning of the Gaza conflict. At this point, risks remain tilted to the upside for oil prices. Any escalation with Iran has the potential to send US crude past the $90pb.Golden hedge