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India solar prices set to drop amid competition, lower costs

  Bloomberg The price paid for solar power in India at auction is set to fall below last year’s record lows for the South Asia nation, driven by plummeting panel prices, falling interest rates and competition among developers seeking a slice of the country’s renewables market. Prices could dip lower than the 4.34 rupees (6 cents) a kilowatt-hour offered in ...

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Non-OPEC delivers over a quarter of promised cuts so far

  Bloomberg Russia and Kazakhstan said they’ve met or exceeded their initial goals for trimming oil output, bringing cuts by non-OPEC nations in the first 10 days of this year to more than a quarter of the total pledged a month ago in Vienna. Russia’s oil production has shrunk by around 130,000 barrels a day in the first week of ...

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Oil holds biggest gain in 6 weeks on record US refinery runs

  Bloomberg Oil held gains after advancing the most in almost six weeks as US refiners processed a record amount of crude, while OPEC and other producing nations trim output to stabilize the market. Oil has been unable to sustain its rally above $55, driven by the deal between the Organization of Petroleum Exporting Countries and 11 other nations to ...

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