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The Fed Is Driving Down Oil Prices

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Meanwhile, the European Central Bank is heading in the other direction in an effort to keep sovereign bond yields from spiraling out of control, particularly after the recent political turmoil in Italy unnerved bond markets on the continent. dollar is one important variable influencing oil prices. But the U.S.

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Study finds carbon emissions benefits of reduction in oil demand depend on size of drop and global oil market structure

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There’s an assumption that as demand decreases, oil producers who are on the margins will be pushed out of business, but we’ve found that’s not always the case. Everyone knows about these market structures, but by considering it, we show the structure is very important in a global economy. Masnadi, M.S., Benini, G., El-Houjeiri, H.M.

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Can Electric Vehicles Speed Up As The Economy Slows Down?

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In certain European countries, such as Italy or the UK , passenger vehicle sales even dropped as much as 95-97%. Moreover, with the massive drop in oil prices , gas-powered vehicles are more economical to operate, which makes it harder to argue that EVs will help drivers save money on fuel. appeared first on EVOLVE.

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IHS Markit: global commercial vehicle production to drop 22% in 2020 in wake of COVID-19

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IHS Markit anticipates some of the sharpest slides in demand in Italy and the United Kingdom in Western Europe and in countries including Poland in Central Europe, where the trucking industry prominently supports European goods movement.

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Global investment in renewable power reached $270.2B in 2014, ~17% up from 2013; biofuel investment fell 8% to 10-year low

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billion, was up 36% on the previous year and came the closest ever to overhauling the total for developed economies, at $138.9 Another challenge was, at first sight, the impact of the 50%-plus collapse in the oil price in the second half of last year. Investment in developing countries, at $131.3 billion, up just 3% on the year.

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