As smaller companies are hit hard following grid failures in the storm, people look to big energy firms such as Vistra, NRG, Exelon and Calpine to provide a more stable source of energy
Oil prices rose on Wednesday morning following a mixed EIA inventory data report which reflected both a major crude build, and large draws in gasoline and distillate stocks
1 day Texas Freeze Led To 10.6% Higher Natural Gas Withdrawals 1 day Chinese Refineries Processed 20% More Crude In March 2 days Guyana Estimates Future Oil Production At 1 Million Bpd 2 days Climate Activists: Canada’s Support To Oil Sector Hit US$14 Billion In 2020 2 days Shell To Put Energy Transition Plan To Shareholder Vote 2 days Businesses Call For Market-Based Approach To Climate Change 2 days Mexican Parliament Passes Law That Restricts Fuel Imports Of Private Companies 2 days Executives Pay Deters Big Oil From Acting On Climate Change 3 days Oil Soars 5% As Bullish News Mounts 3 days Brazil Looks To Finance Fuel Subsidies With Oil Auctions 3 days U.S. Boosts Oil Exports To Canada
Boeing monthly aircraft orders outpace cancellations for first time since 2019 (SPY +1.8%). Tech comeback rally gains steam as Tesla up 10%.
Here is the current market situation from CNN Money
North and South American markets are sharply higher today with shares in U.S. leading the region. The S&P 500 is up 1.87% while Mexico s IPC is up 1.58% and Brazil s Bovespa is up 1.01%.
What Is Moving the Markets
Here are the headlines moving the markets.
China Carbon Market Set For Explosive Growth Chinas carbon emissions market is set to expand 30 times over the next ten years, reaching $25 billion by 2030, Bloomberg reports, citing an analysis by Citi. The Chinese national ETS [emissions trading system] as currently rolled out should play a limited role in reducing emissions at first, Citi analyst Tracy Liao said, as quoted by Bloomberg. We expect a series of developments to transform Chinas ETS into the worlds largest effective carbon trading scheme and a key building block of t
Texas Will Not Reverse $16 Billion Power Overcharges During Freeze – Investment Watch investmentwatchblog.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from investmentwatchblog.com Daily Mail and Mail on Sunday newspapers.