Being indecisive and deceptive? Microsoft is accused of holding up the carbon reduction flag while selling AI products to energy giants.
As a Silicon Valley giant, microsoft has been establishing its eco-friendly role and in recent years, as a leader in the AI industry, continuously promoting how to use AI to "accelerate carbon reduction". However, media reports that this move by microsoft is "quite hypocritical", because microsoft is also selling AI technology to many fossil energy companies, including exxon mobil and chevron, helping them use AI to develop new oil & gas fields and maximize production.
If Trump is elected, will it be bullish for the energy industry and push up oil prices? History shows: quite the opposite.
According to statistics since 1933, during the 52 years when Democrats took over the White House, the S&P Energy Index rose 2,800 times, while during the 40 years of Republican presidential rule, the index only rose 10 times. A similar conclusion can be drawn from recent history: during Trump's four-year presidency, the S&P 500 Energy Index fell by 40%, while during Biden's presidency it rose by about 96%.
Crude-Oil Futures End Week With Small Gains -- Market Talk
Chevron Takes Step Towards Greener Shipping: Details
Dow's Nearly 350-Point Rally Highlighted By Gains For Shares Of Intel, American Express
IEA Warns of Significant Oversupply in the Oil Market Next Year – Commerzbank
Macquarie: The global oil market is expected to face "severe oversupply" by 2025.
According to the McKinsey supply and demand equilibrium forecast, the oil market will face a serious supply surplus in the next five quarters, triggering a situation similar to a 'price war', and oil prices may fall to around $50 per barrel.
How do you view the recent "hawkish" stance of the Bank of Japan executives? Goldman Sachs: The next interest rate hike may still have to wait until January next year.
Goldman Sachs believes that when evaluating the timing of interest rate hikes, it is important to consider financial market stability and inflation trends. The bank predicts that January next year will be the best time to determine whether Japan's inflation will rebound, and based on this, determine that Japan will raise interest rates in January. However, if there is significant turmoil in the financial markets, the timing of the rate hike may become uncertain.
Express News | Chevron Shipping Company and Mol to Install Wind Challenger on LNG Carrier
Hazeltree: In August, the short-selling forces flocked to Chevron (CVX.US) and Tesla (TSLA.US).
The Hazeltree Crowdedness Index represents the securities in the Hazeltree community with the highest percentage of funds being shorted.
Oil on Track for Weekly Gains After Global Benchmark's Dip Below $70 a Barrel
Want $1,000 in Dividend Income? Here's How Much You Have to Invest in Chevron Stock.
Inviting 'second rebuttal' with great effort! Harris wants to pursue victory, while Trump talks tough but 'fears war'.
There will be no more 'Hart Debates'.
Demand expectations suffer another blow, WTI falls to a new low for the year.
This week (9.5-9.11), the overall crude oil price showed a downward trend. The average price of WTI this week is $67.72 per barrel, a decrease of $4.53 per barrel, or -6.27% compared to the previous week.
Pessimistic forecasts are emerging one after another! IEA lowered its oil demand forecast, and Citigroup and Morgan Stanley are also bearish.
The growth rate of oil demand has dropped to its lowest level since the epidemic.
Remsense Technologies Secures Chevron Global Services Contract
Barclays criticizes Trump's tariff plan: will damage the profits of European and American companies, and impact the real economy of the usa.
Barclays strategists warn that Trump's proposal to significantly increase tariffs will have a detrimental impact on the profits of transatlantic European and American companies. They point out that the US real economy may be hit by as much as 1.4 percentage points.
Over 40% of U.S. Gulf of Mexico Oil Output Shut-in by Francine but Little Damage Seen
Chevron Options Spot-On: On September 12th, 79,402 Contracts Were Traded, With 546.27K Open Interest
Express News | Aerial Inspections of Offshore Facilities Underway in Preparation for Returning Oil Workers Evacuated Ahead of Hurricane, Chevron Says