Reuters: Column: China boosting crude inventories even as refining, fuel exports gain

China's refineries added to crude oil stockpiles in October even as they increased their processing rates and boosted fuel exports to take advantage of high prices for refined products in Asian markets.

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Reuters: U.S. wind-storage set to surge after tax credits unlock income

The Biden administration’s Inflation Reduction Act (IRA) is set to create new opportunities for wind developers to capitalise on battery storage capacity.

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Yahoo! News: Saudi crown prince courts Asia amid row with Washington

Saudi Arabia's powerful crown prince has embarked on a multi-stop Asian tour, shoring up the Gulf nation's ties with its biggest energy market and signalling growing independence from Washington amid a bitter row over oil supply.

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The Software Report: The Top 50 Women Leaders in SaaS of 2022

The Software Report is pleased to announce The Top 50 Women Leaders in SaaS of 2022. 

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Financial Times: AI is giving insurers godlike powers, says Sompo chief

Artificial intelligence and cutting-edge data analysis software mean that underwriters can now make predictions about the weather, natural disasters and senile dementia that previously “only god knew about”, the president of one of Japan’s biggest insurance companies has claimed.

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MarketWatch: These Turbine Maker Stocks Can Now Compete With China’s Big Beasts

As world leaders gather at COP27, there is a scramble for alternative energy and the adage goes, “During a gold rush, sell shovels.” 

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CNN Business: Europe still can’t live without this Russian energy export

Europe may be closer than ever to breaking its energy dependence on Moscow, but it still can’t live without one type of Russian natural gas.

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Bloomberg: Worst of Europe’s Diesel Crunch Will Hit in Spring

Stockpiles of diesel-type fuel in northwest Europe will hit the lowest in at least 12 years at the start of spring, according to a forecast from consultancy Wood Mackenzie Ltd.

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Business Insider: High LNG Prices Have Sparked Demand Destruction In India

India’s industrial gas customers have been buying less LNG from storage sites due to high spot prices, which has sent LNG storage levels at import terminals to near capacity, traders familiar with the situation told Bloomberg on Thursday. 

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Insurance Post: Insurance Taskmaster Episode One: Insuring The Titanic [1912]

Insurance Post has teamed up with Verisk for a new video show in which we tasked six industry rising stars to solve some of the biggest historic challenges faced by the market over the past two centuries.

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Harvard Business Review: How Fossil Fuel Divestment Falls Short

Committing to divest from fossil fuels seems like a profound pro-climate statement. Selling off fossil fuel investments, the logic goes, will choke off capital from the fossil fuel companies and make it harder for them to operate.

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CNBC: An extraordinary comeback for Brazil’s Lula sees a new ‘pink tide’ take shape in Latin America

A remarkable return to the presidency for Brazil’s Luiz Inácio Lula da Silva heralds a new so-called “pink tide” in Latin America, but political analysts say the latest leftist resurgence is very different from the one that swept into power in the 1990s.

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Yahoo! News: Ethiopia peace deal leaves unanswered questions and concerns

The breakthrough deal signed by Ethiopia's government and Tigrayan rebels has been hailed as a crucial step to ending two years of war, but much remains unclear, observers say, raising questions about whether it will lead to a durable peace.

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Cyber Insurer: Opinion: Hurricane Ian Shows Why Cyber Reinsurers Should Have Bought ILWs Years Ago: Is It too Late?

Necessity may be the mother of invention, but after a hurricane, it can also create constraint.

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Reuters: Insurers stare at up to $60 bln hit from Hurricane Ian, AIG chief Zaffino says

Risk modeling firm Verisk said last month it expected insurance losses in the range of $42 billion to $57 billion.

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