Energy News
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A Hamilton County, Ohio, man was sentenced to prison today for violating the Clean Air Act through an aftermarket scheme to disable the emissions control systems of diesel trucks. Davis Owens, 34, of Cleves, was sentenced to serve 30 days in prison, seven months of home confinement and one year of supervised release. He had previously pleaded guilty to one ...
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"My god it's him, he's really back. To give a hedgefund bitch a heart attack. To make a million apes insomniac. It's the guy... who's not a cat ;-)," wrote one user on Reddit's GameStop message board on Sunday evening following an X post from 'Roaring Kitty.' Roaring Kitty, also known as Keith Gill, led an army of 'meme-traders' against hedge funds shorting ...
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Bond markets make the financial world go round, helping to grease the wheels of commerce, allowing economic activity to expand. But when too much debt is issued, it can overwhelm demand, causing borrowing costs to spike which can be detrimental to the economy. This balancing act is attracting plenty of interest right now, especially when it comes to trends ...
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Inflation likely stayed higher than Fed officials would like in April if early forecasts are correct. The cost of living as measured by the Consumer Price Index likely rose 3.4% over the year in April, down from a 3.5% increase in March according to a survey of forecasters by Dow Jones Newswires and the Wall Street Journal, ahead of the official figures due ...
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The US Energy Information Administration (EIA) said on Tuesday that Iraq’s oil exports to the United States surpassed eight million barrels during April. According to the EIA, Iraq’s crude oil exports to the United States in April were approximately 8.86 million barrels, with an average daily shipment of 295,000 barrels, more than Iraq’s oil exports to the ...
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post: #API Crude: -3.104M Cushing: -0.601M Gasoline: -1.269M Distillates: +0.349M #OOTT
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Federal Reserve Chair Jerome Powell reiterated Tuesday that inflation is falling more slowly than expected and will keep the central bank on hold for an extended period. Speaking ...
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The information and communication technology (ICT) sector grew by an average of 6.3% between 2013 and 2023, about three times faster than the total economy across the 27 OECD ...
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Inflation likely stayed higher than Fed officials would like in April if early forecasts are correct. The cost of living as measured by the Consumer Price Index likely rose 3.4% ...
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In the first quarter of 2024, seasonally adjusted GDP increased by 0.3% in both the euro area and the EU, compared with the previous quarter, according to a flash estimate ...
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In March 2024, compared with February 2024, seasonally adjusted industrial production increased by 0.6% in the euro area and by 0.2% in the EU, according to first estimates from ...
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post: IEA REFERRING TO ITS LOWER 2024 DEMAND GROWTH FORECAST: WEAK DELIVERIES, NOTABLY IN EUROPE SHIFTED Q1 OECD DEMAND INTO CONTRACTION. post: IEA CUTS OIL GROWTH DEMAND FORECAST FOR 2024 BY 140,000 BPD TO 1.1 MILLION BPD – MONTHLY REPORT post: IEA :EVEN IF OPEC+ VOLUNTARY PRODUCTION CUTS WERE TO STAY IN PLACE, GLOBAL OIL SUPPLY COULD JUMP BY 1.8 MILLION BPD IN 2025, COMPARED WITH 580,000 BPD INCREASE IN 2024. post: IEA: GLOBAL OIL INVENTORIES SURGED BY 34.6 MILLION BARRELS IN MARCH AS OIL ON WATER SWELLED TO FRESH POST-PANDEMIC HIGH; EARLY DATA SUGGESTS GLOBAL OIL STOCKS ROSE FURTHER IN APRIL. post: IEA SEES GLOBAL OIL DEMAND GROWING BY 1.2 MILLION BPD IN 2025, SLIGHTLY UP FROM THE PREVIOUS FORECAST.
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Natural gas is pulling up to the area of interest at the 38.2% Fib visible on the daily time frame. If this area holds as resistance, the commodity price could fall back to the lows at $1.572 soon. The 100 SMA is below the 200 SMA to indicate that the path of least resistance is to the downside or that resistance is more likely to hold than to break. The ...
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video Natural gas advances to a new trend high of 2.40 on Tuesday and hits the initial target from a measured move. Upward momentum still looks constructive as the day’s trading range is relatively narrow and positioned in the upper zone of Monday’s range. If natural gas manages to end today’s session above yesterday’s high of 2.38, it will be in a ...
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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 ...