Energy News
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This commendation followed a thorough evaluation of the Navy’s efforts to combat oil theft, significantly impacting the country’s economy. The Centre highlighted that the recent victories in tackling oil theft demonstrate Vice Admiral Emmanuel Ogalla’s effective leadership and the courage and dedication of the Nigerian Navy’s officers and personnel. During ...
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Customers of one of the nation’s largest rental car companies are feeling the sting after renting Teslas only to pay hundreds in gratuitous fuel fees — and then being denied refunds. Hertz, which recently announced plans to offload 30,000 used Teslas, was accused of charging one customer a nearly $300 “Skip the Pump” fee for failing to return the electric ...
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In our team meetings, we often discuss the shifting sands of the market. Not only is it an interesting topic, but it poses a challenge for asset allocators. We are in the midst of a multi-year outperformance cycle for large-cap growth. The companies that have driven this outperformance have all become household names: Alphabet, Amazon, Apple, Meta, ...
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No progress has been made in long-standing talks for international oil companies to resume exporting crude from the Kurdistan region of Iraq, Prime Minister Mohammed Shia Al-Sudani said in a televised news conference. Al-Sudani said the government is eager to resolve an impasse over prices that has halted oil exports for more than a year. But he said the ...
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From 1.28 million barrels per day in April, the Group Chief Executive Officer of the Nigerian National Petroleum Company Limited, Mele Kyari, says Nigeria’s oil production was inching towards 1.7mbpd as of Saturday. This is as the NNPCL boss hinted that the country that critical gas infrastructure projects are ongoing to ensure the transport of 8 billion ...
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Oil held a weekly advance as geopolitical risks in Russia and the Middle East came back into focus after attacks over the weekend. Brent futures traded near $84 a barrel after posting the first weekly gain this month, while West Texas Intermediate was below $80. A Ukrainian drone strike on a small Russian refinery halted operations on Sunday, while a ...
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Media reports say an incident took place for one of the 3 helicopters carrying the Iranian President' and his accompanying convoy on the visit to East Azarbaijan Province in ...
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Despite market expectations, both the Fed and the RBA have recently revealed a cautious approach to further rate rises. There were four key factors that influenced this decision, ...
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Equities: Asian markets are poised for gains following a positive performance in US stocks, which reached new highs amid strong corporate earnings. Futures in Australia, Hong ...
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Iranian President Ebrahim Raisi and his foreign minister died when their helicopter crashed as it was crossing mountain terrain in heavy fog, an Iranian official told Reuters on ...
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A helicopter carrying Iranian President Ebrahim Raisi suffered a “hard landing” on Sunday, Iranian state media reported, without elaborating. Some began urging the public to pray ...
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Jockeying between OPEC member states and Russia before a crucial meeting on June 1 where they will vote on whether to extend temporary production cuts looms as key driver for crude oil prices this week. Until markets have greater clarity on the outcome, WTI may struggle to break of out of the sideways range it’s been trading in since the start of May, ...
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Main scenario: consider short positions from corrections below the level of 84.85 with a target of 67.60 – 57.00. Alternative scenario: breakout and consolidation above the level of 84.85 will allow the asset to continue rising to the levels of 94.00 – 100.00. Analysis: supposedly, a downward correction continues developing as second wave of larger degree ...
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Dear Valued Clients, Please be advised that the following CFD instruments will be automatically rolled over as per the dates in the table below. As there can be a pricing difference between old and new futures contracts, we recommend clients to monitor their positions closely and manage positions accordingly. Expiration dates: table *All dates are ...