The markets are up this morning, a reflection of their adjustment to a Joe Biden presidency. This comes after a highly volatile election week that was unmarked by uncertainty as to who had won the election. The markets are expecting a presidency that is likely to be more moderate and pro-business. One aspect of a …
Stocks to Watch as Markets Price-in a Biden Presidency Read More »
Crude prices increased on Monday, with Brent hitting a point of $40 a barrel after Joe Biden took up the presidency of the United States and signals a rise in risk appetite. The crude Brent LCOc1 had risen to 40.36 dollars per barrel by 91cents, or 2.3 percent, whereas the USA West Texas Intermediate Oil …
US presidential change signals risk appetite as Brent crude hits $40 Read More »
Joe Biden the President-elect talked about U.S net zero carbon goal by 2050 a year ago which was not taken seriously at that time but now it looks like that his thinking was way ahead than others but similar to the BP plans about zero-carbon targets. In the current scenario, petroleum companies are getting reading …
Biden and BP are on the same page regarding renewable energy Read More »
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