Texas oil dropped almost 11% in value during 2023, marking its first negative year since 2020, when the COVID-19 pandemic erupted. This decline is attributed to volatile factors and, above all, to doubts about the capacity of demand to absorb unbridled production.
The closing of Friday's day put…
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Texas to require cryptocurrency exchanges to submit proof of reserves
The Texas House of Representatives has passed a bill to require cryptocurrency exchanges to submit proof of annual reserves, in order to promote transparency on these platforms.
The body authorized a project that establishes that all…
Texas leads renewable energy business
The state of Texas was at the time the starting point for the extraction and commercialization of oil in the United States. It now leads the renewable energy market.
According to recent reports, windmills and solar panels are now…
Tesla sells more than 241 thousand vehicles in the third quarter of 2021
The automaker Tesla sold 241,300 cars in the third quarter of 2021, which is equivalent to 102,000 more cars than last year in the same period, despite the sharp drop in sales recorded by the sector due to shortages in chip production.
For…
Shell sells assets to ConocoPhillips for 9.5 billion dollars
The oil company Shell reported that it reached an agreement with the US company ConocoPhillips for the sale of its assets in the Permian oil basin, located in Texas (USA), for about 9.5 billion dollars.
The information was released through…
Texas becomes the crypto capital of the world
After the different prohibitions and problems that have arisen in China around cryptocurrencies, foreign investors have been forced to migrate to other parts of the world, and one destination is Texas.
The US region is now becoming the…
OPEC + agreed to maintain production increase at 400,000 barrels per day
The Organization of the Petroleum Exporting Countries (OPEC) and its allies, the group known as OPEC +, agreed on Wednesday to keep their plans to increase crude production by 400,000 barrels a day, the cartel reported in a statement.
OPEC…
Facebook will inform availability of the vaccine against Covid-19
The popular social network Facebook announced this Monday that it will use the portal to expand information about the availability of the Covid-19 vaccine, the objective is to inform users of access to it.
In an official blog post on the…
Robinhood goes through new lawsuit by oligopolistic manipulation
The stock trading application, Robinhood, after being the most popular among millennials, has become the beto of the crypto market due to oligopolistic manipulation.
After its recent temporary suspension of purchases of GameStop and other…
Trump dismissed the opening of another lawsuit against him
The outgoing president of the United States, Donald Trump, considered this Tuesday, January 12, "absolutely ridiculous" that another impeachment trial will be opened in Congress for the assault on the Capitol last Wednesday and pointed out…
Oil price strengthens after unilateral cut in Saudi production
At the end of trading on the New York Mercantile Exchange (Nymex), WTI futures contracts for February delivery totaled 70 cents from the previous day.
Benchmark crude in the US added another solid rise after Tuesday's sharp rise, rising $…
Oil prices rise 30% after Donald Trump speech
After the US president, Donald Trump, expressed his confidence in the reduction of oil production, at least about 10 million barrels a day were reduced, the price of crude oil raised.
Immediately after making these statements, the barrel…