Oil prices rebounded for the first time in four sessions as US crude inventories posted a much larger-than-expected draw, with WTI rising 0.85% and Brent up 0.80%.
#YonhapInfomax #CrudeOil #WTI #USInventories #BrentCrude #EIAReport #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=69360

US crude inventories unexpectedly surge, causing WTI to fall 0.8% after a five-day rally, while OPEC revises non-OPEC+ supply growth forecast downward.
#YonhapInfomax #WTICrude #OilInventories #EIAReport #OPECForecast #OilPrices #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=63246

Wind and solar power will surpass coal in the US by 2023. According to an Energy Information Administration (EIA) report, renewable energy sources will account for 27% of US electricity generation by 2023, while coal will drop to 21%. The report attributes the shift to the declining costs, increasing efficiency of wind and solar technologies, and the environmental regulations and policies that favor clean energy. #renewableenergy #coaldecline #EIAreport https://www.thecooldown.com/green-business/eia-energy-information-administration-wind-solar-coal/?utm_source=flipboard&utm_content=HariTulsidas%2Fmagazine%2FArchetypes