Energy News
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The former CEO of one of the United States’ top oil companies fired back Tuesday on the Federal Trade Commission’s allegations that he had colluded with OPEC to boost fuel prices — contending the agency “unjustly smeared” him. Lawyers for Scott Sheffield, the former chief executive of Texas-based Pioneer Natural Resources, filed paperwork demanding that the ...
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A wind farm in Scotland will pay £33.14 million ($42.3 million) to UK energy regulator Ofgem for breaching energy market rules. Beatrice Offshore Windfarm Ltd., broke rules when it charged excessive prices to reduce its output to ease pressure on the grid, “pushing up costs for consumers,” Ofgem said in a statement. The action follows a Bloomberg ...
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Since 1980, there have been 383 extreme weather or climate disasters where the damages reached at least $1 billion. In total, these disasters have cost more than $2.7 trillion. Created in partnership with the National Public Utilities Council, this chart shows how these disasters have been increasing with each passing decade. A Growing Concern: The U.S. ...
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After years of either declining or stable domestic natural gas production, the Republic of the Congo, also known as Congo Brazzaville, began exporting liquefied natural gas (LNG) for the first time when the first phase of a two-phase floating LNG (FLNG) project began operating in February 2024. The development of LNG export capacity will allow the country ...
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post: BOJ'S ADACHI: WE WILL MORE CAREFULLY WATCH LONG-TERM INTEREST RATE MOVES post: BOJ'S ADACHI: DON'T HAVE STRONG VIEW ON WHETHER BOJ BOND BUYING REDUCTION SHOULD COME SOON, OR LATER post: BOJ BOARD MEMBER ADACHI: THERE WAS NO POLICY IMPLICATION TO BOJ'S SINGLE-DAY DECREASE IN BOND BUYING post: BOJ'S ADACHI: MY INFLATION FORECASTS HAVEN'T CHANGED MUCH FROM APRIL post: BOJ'S ADACHI: DON'T HAVE PRESET PLAN, IDEA ON HOW SOON TO REDUCE BOJ'S BOND BUYING
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Crude oil has been falling steadily since topping around the $87.50 level following the mutual retaliations between Iran and Israel. The drop has been kind of a head-scratcher as the market didn’t respond positively to the global growth expectations amid China and other major central banks policy easing, improving PMIs and OPEC+ extending the voluntary ...
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The most interesting debate going on these days is about consumer sentiment. The US economy has outperformed expectations by most metrics. The stock market is booming, real GDP is ...
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Housing has been a frustrating segment of the economy to analyze, both since the pandemic first erupted and the Federal Reserve embarked on an aggressive rate-hiking cycle two ...
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After years of either declining or stable domestic natural gas production, the Republic of the Congo, also known as Congo Brazzaville, began exporting liquefied natural gas (LNG) ...
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post: #GERMANY 'S HESSE MAY CONSUMER PRICES RISE 1.9% Y/Y - BBG *GERMANY'S SAXONY MAY CONSUMER PRICES RISE 3.1% Y/Y *GERMANY'S NRW MAY CPI RISES 2.5% Y/Y *GERMANY'S BAVARIA MAY CPI RISES 2.7% Y/Y *GERMANY'S BRANDENBURG MAY CPI RISES 2.9% Y/Y
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post: BOJ'S ADACHI: WE WILL MORE CAREFULLY WATCH LONG-TERM INTEREST RATE MOVES post: BOJ'S ADACHI: DON'T HAVE STRONG VIEW ON WHETHER BOJ BOND BUYING REDUCTION SHOULD COME SOON, OR LATER post: BOJ BOARD MEMBER ADACHI: THERE WAS NO POLICY IMPLICATION TO BOJ'S SINGLE-DAY DECREASE IN BOND BUYING post: BOJ'S ADACHI: MY INFLATION FORECASTS HAVEN'T CHANGED MUCH FROM APRIL post: BOJ'S ADACHI: DON'T HAVE PRESET PLAN, IDEA ON HOW SOON TO REDUCE BOJ'S BOND BUYING
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Fifth District manufacturing activity improved but remained sluggish in May, according to the most recent survey from the Federal Reserve Bank of Richmond. The composite ...
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Crude oil has been falling steadily since topping around the $87.50 level following the mutual retaliations between Iran and Israel. The drop has been kind of a head-scratcher as the market didn’t respond positively to the global growth expectations amid China and other major central banks policy easing, improving PMIs and OPEC+ extending the voluntary ...
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Natural gas broke below its rising trend line to signal that a reversal from the uptrend is due. Price might be in for a retest of the former support that might now hold as resistance. The Fibonacci retracement tool shows additional levels where sellers might be waiting. The 38.2 Fib is close by at $2.620, then the 50% level is at $2.665 near the former ...
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RoboMarkets: upcoming changes to the trading schedule (the Memorial Day in the US and the Late May Spring Bank Holiday in the UK)22.05.2024 / 08:00Dear Clients and Partners, Please note the upcoming adjustments to the trading schedule. Holiday: the Memorial Day in the US and the Late May Spring Bank Holiday in the UK Dates: 27/05/2024 - 28/05/2024 This ...