Energy News
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A shadow-fleet oil tanker that crashed in Denmark’s vital straits produced a set of insurance documents that weren’t valid, a stark example of how there’s little clarity about who would pay the bill if such a ship had a major disaster. The Andromeda Star, an 820-foot vessel capable of transporting about 730,000 barrels of oil, was involved in a collision ...
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Mining giant BHP offered to buy Anglo American, a longtime rival with a market capitalization of about $35 billion, in a potential megadeal that could reshape the global mining industry. Anglo American said Thursday it had received a proposal from BHP made up of an all-share offer for the company, contingent upon Anglo American’s demerger of shareholdings ...
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The Basel Committee implementation programme has been integral to international financial architecture. Having celebrated its 50th anniversary on 24-25 April, the Basel Committee on Banking Supervision has journeyed from a humble forum for G7 bank supervisors to a titan among global financial standard-setting bodies. Its standards and principles – ...
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Japan and the European Union will agree to deepen cooperation on economic security, including strengthening supply chain resilience for semiconductors and other critical materials, government sources said Sunday, with the move coming amid efforts to reduce dependency on specific countries such as China. The leaders of Japan and the 27-nation bloc are ...
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Megacaps drove the S&P 500 to its best week since November on the back of stronger earnings from tech giants Alphabet and Microsoft spurring a rally across tech stocks. Alphabet surged over 10% on Friday, pushing the company's market value above $2 trillion for the first time. Earnings season continues this week with Amazon, Coca-Cola, AMD, Eli Lilly ...
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Gold ambitions are top of mind as the world’s biggest precious-metals producers wrap up the latest earnings season. North America’s newest oil pipeline project is slated to start commercial production, redrawing the flow of crude around the world. And cocoa’s price swings have been the most extreme since 1977. Here are four notable charts — and a map — to ...
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Words are powerful. For the US economy, no-one’s more so than those of Fed Chair Jerome Powell. Bloomberg Economics’ Fed sentiment index — powered by a natural language processing ...
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The debate for the Federal Reserve is beginning to shift from how many times to cut interest rates this year to whether to cut them at all in 2024. With policymakers widely ...
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Mark Matthews, head of Asia research at Julius Baer, explains why he sees three interest rate cuts by the Federal Reserve this year.
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post: ECB'S WUNSCH TO ECONOSTREAM: ECB SHOULD BE CAUTIOUS ABOUT A JULY CUT.
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post: BoJ’s Ueda: Monetary Policy Is Not Aimed To Control FX Rates Directly -Weak Yen So Far Is Not Having A Big Impact On Trade Inflation
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Today you will see CRUDE OIL price prediction based on the technical analysis. What is the support and resistance on the daily time frame for USWTI. What to expect where the price will breakout for the USWTI based on the supply and demand zones.
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Until pulling back a little from its highs on Friday, crude oil had been trending higher for much of the week, making back a good chunk of the losses suffered in the previous week. The 4-month rally stalled earlier this month as investors worried about demand from the US, where hot inflation continues to push back the implied probability of interest rate ...
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The Funded Trader, a prop trading firm that halted payouts and temporarily suspended services for three weeks, came back online last week and is now in the process of moving its base from the United States to the Cayman Islands. “The Funded Trader LLC, headquartered in the USA, is currently in the process of transitioning its operations to an entity located ...