News
2020, May, 8, 11:55:00
GLOBAL SHARES UP
The Dow Jones Industrial Average .DJI rose 211.25 points, or 0.89%, to 23,875.89, the S&P 500 gained 32.77 points, or 1.15%, to 2,881.19, and the Nasdaq Composite .IXIC added 125.27 points, or 1.41%, to 8,979.66,.
2020, May, 8, 11:50:00
GERMANY' EXPORTS DOWN 11.8%
The German government expects the economy, which has traditionally been dependent on exports, is expected to shrink by a post-World War Two record of 6.3% despite a massive rescue package of 750 billion euros to cushion the impact of the pandemic.
2020, May, 8, 11:45:00
AUSTRALIA'S SHARES UP
The S&P/ASX 200 index settled 0.5% higher at 5,391.1. The benchmark climbed nearly 3% this week, its biggest weekly rise since April 10.
2020, May, 8, 11:40:00
THE TURKISH LIRA 7.1
The Turkish lira has lost some 18% this year under pressure from the novel coronavirus, which has killed 3,641 people in Turkey.
2020, May, 8, 11:35:00
INDIA'S SOLAR POWER UP 28%
Solar power was responsible for 3.6% of the India’s overall power production in fiscal 2019/20,
2020, May, 8, 11:30:00
SHELL, ENECO WIND POWER
Shell and Eneco are participating in the tender for Hollandse Kust (noord) through their joint venture CrossWind.
2020, May, 8, 11:25:00
WIND POWER FOR FRANCE
The Saint-Brieuc wind farm will be constructed some 16 kilometres (9.94 miles) off the coast of Brittany. It will be equipped with 62 units of 8-MW turbines supplied by Siemens Gamesa Renewable Energy SA (BME:SGRE).
2020, May, 7, 11:40:00
OIL PRICE: ABOVE $29
Brent was down by 24 cents, or 0.8%, to $29.48 a barrel, WTI was down by 24 cents, or 0.8%, to $29.48 a barrel
2020, May, 7, 11:20:00
U.S. OIL INVENTORIES UP BY 4.6 MB TO 532.2 MB
U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum Reserve) increased by 4.6 million barrels from the previous week. At 532.2 million barrels, U.S. crude oil inventories are about 12% above the five year average for this time of year.
2020, May, 7, 11:15:00
U.S. COAL EXPORTS UPDOWN
March coal exports were up 1.2% from 6.19 million mt in February but 25% lower than the 8.36 million mt exported in the year-ago month.
2020, May, 7, 11:10:00
U.S. GAS POWER UP
Gas power is the most economic dispatchable source of electricity in America today.
2020, May, 7, 11:05:00
CHINA'S COAL IMPORTS UP
China's coal imports over the January to April period jumped 26.9% to 126.73 million tonnes,
2020, May, 7, 11:00:00
RUSSIA'S COAL WILL UP
Russia’s share of the global coal export market is projected to expand to 25 percent from the current 11 percent.
2020, May, 7, 10:55:00
RUSSIA'S LNG INVESTMENT $10 BLN
Russia has prioritised the development of LNG for export and the project may help the country reach its goal of producing 120 to 130 million tonnes of LNG a year in the next decade and raise its share in the global LNG market to up to 20% from around 6% in 2018, based on government data.
2020, May, 7, 10:50:00
AUSTRALIA'S SHARES DOWN
The S&P/ASX 200 index closed 0.4% lower at 5,364.20 points, after shedding 0.4% on Wednesday. The index is off 25.6% from its lifetime high on Feb. 20, 2020.