S&P Global Stock Price, News & Analysis

The new S&P Global Commodity Insights analysis reveals significant variations in greenhouse gas (GHG) intensity across North Sea oil and gas assets. In 2021, the average GHG intensity was 12 kgCO₂e/boe, but nearly 2/3 of the total production was below average. Notably, UK production was nearly three times more intense than Norway's. Factors affecting intensity include field maturity, electrification, and flaring practices. This model provides essential insights for investors and governments to assess GHG competitiveness in oil and gas sectors.

S&P Global Market Intelligence reports that the COVID-19 pandemic and the Russia-Ukraine war will continue to lead to uncertainty in 2023. Key themes include unresolved conflicts, energy security, supply chain disruptions, transitioning labor markets, and a challenging economic outlook. Recessions are expected in Europe and North America, while APAC may avoid them. The interplay of economic and security concerns will likely influence global relationships and markets as countries adjust to new geopolitical realities.

In November, U.S. auto sales are projected at 1.122 million units, indicating a seasonally adjusted annual rate (SAAR) of 14.1 million, a decline from October's 14.9 million. The daily selling rate averages around 44-45K units, consistent since September. Battery-electric vehicles (BEVs) are expected to capture 5.9% of the market. The top EV markets remain coastal states, accounting for 50.5% of registrations. Analysts indicate continued monitoring of inventory for signs of consumer pressure due to economic headwinds.

CARFAX reports that with holiday travel approaching, many vehicles are not ready for the road. Nearly 50% of cars are overdue for tire rotations, and 30% need oil changes. Additionally, 20% of vehicles have unresolved safety recalls. Regular maintenance is crucial, as it can increase a vehicle's resale value by $2,000 on average. CARFAX offers a free tool for tracking service needs and reminders. A well-maintained car is more reliable, lasts longer, and ultimately costs less during ownership.

S&P Global Ratings (SPGR), a division of S&P Global (NYSE: SPGI), announced a settlement with the U.S. Securities and Exchange Commission (SEC) regarding an investigation into ratings assigned to a 2017 residential mortgage-backed securities transaction. SPGR has agreed to pay a penalty of USD 2.5 million but did not admit or deny the SEC's allegations. The SEC acknowledged SPGR's cooperation and remedial actions. SPGR emphasizes its commitment to regulatory compliance and the integrity of its credit ratings process.