Oil prices surged during the latest OPEC+ meeting discussions, showcasing a 1.2% rise in U.S. crude futures at $78.77 per barrel and a 1.1% climb in Brent crude to $83.78 per barrel. The market buzzed with expectations of deeper output cuts, despite existing pledges from OPEC+ members to cut global oil output by about 5 million barrels per day. The delay in the...
upside focus remains in natural gas, looking for 7$ in wave ((iii)) (wave ((iii)) = 1.618 * wave ((i))).
expecting XLE to remain sideway to complete the flat wave 2 before go higher in wave 3.
While NIO is retracing too, Star Peak Energy Transition Corp., after making a merger with Stem Inc., and trying to become an industry leader in the energy storage market, is going to consolidating after the end of this first pullback from 38$ top to 32$ (15/01/21). The stock has since risen and now rests around a $1.63B market cap valuation, just a fraction of...
Energy Web Chain is an open-source, scalable blockchain platform specifically designed for the energy sector’s regulatory, operational, and market needs. Founded in early 2017, Energy Web Foundation (EWF) is a global, member-driven nonprofit accelerating a low-carbon, customer-centric electricity system by unleashing the potential of blockchain and decentralized...