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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Global trade could more than double this year, according to the three major international economic organizations. Despite lower inflation, interest rates, and increased economic activity, persistent risks and divergences between economies still threaten international trade, they say. The World Economic Forum’s Global Future Council on the Future of Trade ...
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Electric vehicles (EVs) are radically transforming the transport sector, redefining the automotive market, and reshaping global trade in transport equipment. By the end of 2023, EVs accounted for more than a third of all car imports in value terms. Recent years have seen a dramatic increase in sales of various types of EVs — including hybrid electric ...
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post: #API Crude: -3.104M Cushing: -0.601M Gasoline: -1.269M Distillates: +0.349M #OOTT
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Inflation trends may have gotten a little less dreary in April, though they are still likely to keep the Federal Reserve uncomfortable enough to stay on pause with interest rates. ...
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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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The Producer Price Index for final demand rose 0.5 percent in April, seasonally adjusted, the U.S. Bureau of Labor Statistics reported today. Final demand prices declined 0.1 ...
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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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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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Natural gas is still trending higher, reaching fresh highs at $2.267 after its pullback to the rising trend line on its hourly chart. Price might be in for another pullback as it stalls around the latest highs. The Fibonacci retracement tool shows that the 61.8% Fib is closest to the trend line at $2.165, which might be the line in the sand for a bullish ...
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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 ...