Search Results for: oil producers

Saudi Arabia and OPEC Reveal Surprise Oil Production Cut; White House Insists Cuts Aren’t Advisable Right Now

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Am Sonntag, Saudi Arabia and several major oil producers announced their plan to cut oil production by 1.15 million barrels per day, starting in May and continuing until the end of 2023. According to the Saudi Energy Ministry, the move was…

Ghanaian Cedi Second Worst-Performing Asset Among Sub-Saharan Africa’s Top 15 Currencies

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In just the first 17 days of the new year, the Ghanaian currency reportedly depreciated by 12.7%, making it the second worst-performing among Sub-Saharan Africa’s top 15 Währungen. While one U.S. dollar bought 13.10 units of the cedi on the parallel…

Gas-zu-Bitcoin-Unternehmen Crusoe Energy verklagt Rivalen Alkane Midstream wegen Patentverletzung

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The Denver-based gas-to-bitcoin infrastructure company Crusoe Energy is suing the rival firm Alkane Midstream LLC over alleged patent infringement and poaching customers in Colorado. Crusoe’s lawsuit claims since November 2019, “Alkane was actively monitoring Crusoe and its business.” Crypto Flare Mitigation…

Die US-Inflation könnte schlimmer als erwartet ausfallen, Goldman Sachs sagt – Präsident der Atlanta Fed favorisiert 25 BPS-Zinserhöhung

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While the conflict in Ukraine is a hot topic, fears of rising inflation continue to haunt Americans residing in the country, as economists and analysts note U.S. inflation will likely remain high. Inflation is likely going to be worse than initially…

Bitcoin-Mining-Operation Genesis Digital Assets kündigt neues Rechenzentrum in West-Texas an

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Following a number of ASIC mining rig acquisitions from the manufacturer Canaan, the bitcoin mining operation Genesis Digital Assets announced on Monday that the firm is developing an industrial-scale bitcoin mining data center in West Texas. Laut Ankündigung, Genesis…