Categories Money

Oil prices fall, defying suggestions of a $100 barrel

This yr Saudi Arabia and its allies within the Organisation of the Petroleum Exporting Countries (opec) have been making an attempt to climb what looks as if a very slippery slope. Despite manufacturing cuts, crude-oil costs, which exceeded $115 a barrel for a lot of June 2022, languished…

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Categories Money

How carbon prices are taking over the world

IF GLOBAL WARMING is to be restricted, the world should neglect about fossil fuels as quick as doable—that a lot nearly everybody agrees upon. How to take action is the sophisticated half. Economists have lengthy favoured placing a worth on carbon, a mechanism that Europe launched in 2005.…

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Categories Money

Why uranium prices are soaring

When russia invaded Ukraine, panic gripped Europe’s nuclear specialists—the civilian selection, that’s. Ukraine, the place 15 reactors relied on Russia for his or her uranium, rushed to signal an unusually lengthy 12-year cope with Canada. European utilities, additionally reliant on Russia, drew the utmost they might beneath different…

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