Oil prices lost more than 5% on Wednesday as evidence of an increase in coronavirus cases in many countries raised questions about efforts to restart global economies and data from the US government. USA They reveal a third consecutive weekly increase in national crude inventories. “The real concern is the …
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The Iranian-flagged fuel tanker ‘Fortune’ is seen after it was docked at the El Palito refinery in Puerto Cabello, Carabobo state, Venezuela, on May 26, 2020. Anadolu Agency through Getty Images WASHINGTON – The Treasury Department on Wednesday imposed new sanctions on five Iranian ship captains who delivered gasoline to …
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Plug Power Actions (PLUG) – Get report It jumped on Wednesday after analysts at B. Riley and Cowen raised their price targets at the green energy company after two acquisitions it made on Tuesday. B. Riley analyst Christopher Souther raised his price target to $ 8 a share from $ …
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Factory workers secure large coils of copper tubing that will be wrapped and shipped. Michael S. Williamson | The Washington Post | fake pictures The coronavirus pandemic is poised to pave the way for “the copper age,” according to the Eurasia Group’s director of energy, climate and resources, as governments …
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A consortium of six global investors has signed a $ 20.7 billion deal with the Abu Dhabi National Petroleum Company (ADNOC), the state-owned oil company said Tuesday. As part of the agreement, the group will invest $ 10.1 billion to acquire a 49% stake in a newly formed subsidiary, ADNOC …
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