Power sector emissions near tipping point
(see full IEA report on electricity markets)
Russia oil sanctions enrich intermediaries
Cobalt prices fall on emerging oversupply
Container trade left with massive surplus
U.S. gasoline consumption falls ($FT)
U.S. coal-fired generator retirements
U.S. INTEREST RATE traders expect the central bank to increase its target fed funds rate by two more quarter-points before July 2023 reaching 5.00-5.25% up from 4.50-4.75% at present. The forecast has increased by a quarter-point following stronger than expected employment data for January. The interest rate path has been repeatedly revised upward over the last year as inflationary pressures have proved more persistent than expected:
JKempEnergy.com 