Beginners

Mitrade Insights is dedicated to providing investors with rich, timely and most valuable financial information to help investors grasp the market situation and find timely trading opportunities.

2021

Best News & Analysis Provider

FxDailyInfo

2022

Best Forex Educational Resources Global

International Business Magazine

Insights

News

Commodities

IEA expects rising investments in low-emission energies, decline in Oil investments – Commerzbank

Source Fxstreet

The International Energy Agency published a report on investments in the energy sector yesterday, Commerzbank's commodity analyst Carsten Fritsch notes.

US shale Oil production is likely to peak soon

"These are expected to reach a record level of $3.3 trillion in the current year and show a clear shift towards investments in ‘green’ energies. Two thirds of investments will be made in low-emission technologies such as renewables, nuclear energy, grids, storage, low-emission fuels, efficiency and electrification."

"Investments in Oil, gas and coal are expected to account for $1.1 trillion. Investments in the generation, transmission and storage of electricity are expected to exceed investments in fossil fuels by 50%. Upstream Oil investments are expected to fall by 6% year-on-year for the first time since the coronavirus-induced slump in 2020."

"The main reason for this is the US shale Oil sector. In recent weeks, some US shale Oil companies have already reported cuts to their investment plans. This reinforces the picture that US shale Oil production is likely to peak soon."

Disclaimer: For information purposes only. Past performance is not indicative of future results.

Recommended Articles

Bitcoin Plunges Below $100,000: Market Panic Intensifies as Analysts Warn of Bear Market Ahead Bitcoin's price has plummeted beneath the $100,000 mark, reflecting increased caution in the market toward risk assets. With large investment funds and corporate treasuries pulling back, signs of a bear market are becoming apparent, leading analysts to note a significant decline in market sentiment. Concurrently, demand for protective options in the derivatives market has surged, indicating heightened investor fears about future price movements. Despite Bitcoin maintaining some gains since the beginning of the year, recent trends raise concerns, necessitating close attention to upcoming critical support levels.

Author Mitrade

Nov 14, Fri

Bitcoin's price has plummeted beneath the $100,000 mark, reflecting increased caution in the market toward risk assets. With large investment funds and corporate treasuries pulling back, signs of a bear market are becoming apparent, leading analysts to note a significant decline in market sentiment. Concurrently, demand for protective options in the derivatives market has surged, indicating heightened investor fears about future price movements. Despite Bitcoin maintaining some gains since the beginning of the year, recent trends raise concerns, necessitating close attention to upcoming critical support levels.

Bitcoin Breaks Below $92,000 as Traders Debate Whether 4-Year Cycle Pattern Is Driving Sell-Off Bitcoin (BTC-USD) extended its losses on Monday, slipping below the $92,000 mark and pushing its decline from October’s all-time high to more than 26%. The ongoing downturn has reignited a key debate among traders: Is this a short-term correction, or the start of a prolonged bear market driven by Bitcoin’s historical four-year cycle?

Author Mitrade

Nov 18, Tue

Bitcoin (BTC-USD) extended its losses on Monday, slipping below the $92,000 mark and pushing its decline from October’s all-time high to more than 26%. The ongoing downturn has reignited a key debate among traders: Is this a short-term correction, or the start of a prolonged bear market driven by Bitcoin’s historical four-year cycle?

Nvidia's Earnings Surge Sparks Asian Market Rally and U.S. Dollar Gains Nvidia's impressive earnings, fueled by robust AI chip demand, lifted Asian stocks and boosted the U.S. dollar as investors anticipate delayed jobs data impacting Federal Reserve policy decisions.

Author Mitrade

Yesterday 01: 39

Nvidia's impressive earnings, fueled by robust AI chip demand, lifted Asian stocks and boosted the U.S. dollar as investors anticipate delayed jobs data impacting Federal Reserve policy decisions.

Stock Futures Rally After Nvidia Smashes Earnings, With Jobs Data Looming U.S. stock futures moved sharply higher Wednesday evening, fueled by a blowout earnings report from Nvidia that reignited investor enthusiasm for the AI trade and temporarily eased concerns over a tech bubble.

Author Mitrade

22 hours ago

U.S. stock futures moved sharply higher Wednesday evening, fueled by a blowout earnings report from Nvidia that reignited investor enthusiasm for the AI trade and temporarily eased concerns over a tech bubble.

Asian Markets Plummet as U.S. Jobs Data Raises Rate Cut Concerns Despite Strong Nvidia Earnings Asian stock markets faced sharp declines following ambiguous U.S. jobs data, fueling uncertainty over interest rate cuts. Investors offloaded riskier assets, overshadowing Nvidia's positive earnings as focus shifts to the Fed's next steps.

Author Mitrade

2 hours ago

Asian stock markets faced sharp declines following ambiguous U.S. jobs data, fueling uncertainty over interest rate cuts. Investors offloaded riskier assets, overshadowing Nvidia's positive earnings as focus shifts to the Fed's next steps.

Related Instrument