U.S. crude oil prices sank 2.4 percent on Monday despite Russia agreeing to extend the current production cuts with its OPEC partners for longer than initially expected. Although the expectation was 6 months, OPEC agreed to extend its current 1.2…
Advances in the infused cannabis products and extracts area have nearly tripled in 2019, making it one of the fastest-growing spaces for raising capital. MJBizDaily reported that the sector raised nearly $390.29 million through the second week of June, attributing…
Barrick Gold Corp stated Monday that its joint venture with Nevada's Newmont Goldcorp is suspected to raise production by nearly 1 million ounces of gold in the second half of the year. Barrick and Newmont entered into a joint venture…
In 2008, Illinois passed the Smoke-Free Illinois Act making it illegal to smoke tobacco indoors at nearly every public place. However, things are shaking up as Gov. J.B Pritzker signed a bill into law Tuesday making it the 11th State…
As of today, there are six separate motions in Congress that would ultimately end the federal cannabis prohibition in the United States. While some would legalize and regulate the drug nationally, others would take a narrower approach, allowing states with…
Aramco CEO, Amin Nasr, recently indicated to reporters that oil flows in the exchange are guaranteed, notwithstanding disruption in the Strait of Hormuz. Provided the current tensions in the Gulf and the likelihood of a temporary closure of the Strait…
U.S. crude oil stock, as predicted by the Energy Information Administration, showed that production for the week closing June 14 dropped this week to 12.2 million BPD, a 200,000 sag from the record high of 12.4 million BPD. The official…
Gold rose on Monday as the dollar declined, with values creeping near a six-year high when compared to previous quarters. Reaching $1,410.78 on Friday, gold prices have risen nearly 8 percent for the month of June, making it the highest…
Microgrids are creeping their way into the mainstream, although the majority are deployed by non-utility vendors for third parties, including the United States military. However, growing interest and regulative support for community microgrids and microgrids designed to bolster the overall…
Oil prices rose as tensions between Iran and the United States as President Trump approved an attack, and quickly rescinded. As reported by the New York Times, President Trump had ordered an attack on Iran late Thursday evening; however, as…