World News

G7 Summit 2018: Commentary On Africa And Full Text Of Communiqué

Culled—Proshare June 11, 2018/Proshare Research   African leaders, including  Danny Faure of Seychelles, Uhuru Kenyatta of Kenya, Paul Kagame of Rwanda, Senegal‘s Macky Sall and South Africa‘s Cyril Ramaphose, were active in representing their countries at the G7 summit in Quebec, Canada. This is consistent with Canada’s themes for its […]

Oil Falls On OPEC Uncertainty

June 8, 2018/OilPrice.com Oil prices fell slightly on Friday morning, but remains supported by production declines in Venezuela. Friday, June 8, 2018 Oil prices seesawed this week, dipping on expectations of more supply from OPEC+, but rebounding on news of deeper troubles in Venezuela. Trading will likely be choppy over […]

Oil Bulls Flee On OPEC Concerns

June 5, 2018/OilPrice.com –   Fossil fuel consumption for electricity generation in the U.S. declined to 22.5 quadrillion BTUs in 2017, the lowest level since 1994. –    The decline of coal and the near elimination of oil from the electricity sector is somewhat offset by the rise of natural gas, but […]