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Page 5

Category: Commodities

UK's Drax to double sustainable biomass production capacity by 2030
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UK's Drax to double sustainable biomass production capacity by 2030

(Reuters) -British power generator Drax aims to double its sustainable biomass production capacity by 2030, to capitalise on increasing demand from Europe and Asia as countries transition away from coal.…

Reuters4 years ago
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Stocks, oil slide as Omicron worries push investors to safe havens
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Stocks, oil slide as Omicron worries push investors to safe havens

NEW YORK (Reuters) – Global stock benchmarks and oil prices fell sharply on Tuesday after drugmaker Moderna (NASDAQ:MRNA) warned that existing vaccines are unlikely to be as effective against the new coronavirus…

Reuters4 years ago
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OPEC postponses technical meetings to evaluate Omicron impact -sources
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OPEC postponses technical meetings to evaluate Omicron impact -sources

LONDON (Reuters) – OPEC and its allies have postponed technical meetings to later this week, giving themselves more time to assess the impact of the new Omicron coronavirus variant on…

Reuters4 years ago
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Crude Oil Lower; Lockdowns and Japanese Reserves Weigh
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Crude Oil Lower; Lockdowns and Japanese Reserves Weigh

Oil prices weakened Monday, continuing the recent selloff as Covid-related lockdowns in Europe and the potential release of supply from Japanese strategic reserves weighed on the market. By 9:05 AM…

Investing.com4 years ago
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