Energy News
- From youtube.com|2 hr 53 min ago
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From energyindepth.org|4 hr agoAs the COVID-19 pandemic worsens, the oil and natural gas industry has stepped up to meet the challenge with charitable contributions. As Natural Gas Intelligence recently reported: “Oil and natural gas companies across the Lower 48 and abroad, themselves facing uncertainty due to an ongoing price war, have launched major relief efforts in their communities ...
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From tmz.com|10 hr agoElon Musk's Tesla ventilators are a thing of engineering beauty and ingenuity, 'cause he's got his workers making 'em from scratch with stuff they got lying around their factories. Tesla just posted a tutorial video of sorts, giving folks a sneak-peek at how exactly it's making the 1,000-plus ventilators it's already donated to Los Angeles ... plus more ...
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From newtraderu.com|Apr 2, 2020Elliott Wave Theory is a method of technical analysis that traders use to analyze and quantify price patterns in financial markets by looking at cycles. The theory believes that changes in investor sentiment and their psychology creates impulse waves and corrective waves inside the larger trends in market price action. The theory attempts to forecast market ...
- From oilprice.com|4 hr ago
OPEC’s strategy in the past has been to alter its oil production in order to bring about market stability. However, the rise of U.S. shale oil forced the cartel to alter its strategy in favor of market share even at the cost of lower oil prices. During the cartel’s last meeting, Russia decided not to collaborate with OPEC's production cuts. This led to ...
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From @johnestevens|6 hr ago|36 commentstweet at 3:11pm: Boris Johnson was moved to the ICU (intensive care unit) at St Thomas’ Hospital around 7pm tweet at 3:19pm: PM Johnson has asked Foreign Sec. Dominic Raab, the First Secretary of State, to deputize for him where necessary.
- From dailyfx.com|17 hr ago|1 comment
Crude oil prices rose through Monday’s Asia Pacific session as investors clearly retain some hope that the price war between Russia and Saudi Arabia which has piled pressure on a market already wrecked by the coronavirus can be brought to an end. Prices had been under pressure as the session got underway on reports that a meeting of the Organization of ...
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From marketwatch.com|7 hr agoThere is a widespread view on Wall Street that the stock market hit its lowest level of the bear market last month, and that a combination of an ebbing of the coronavirus in late ...
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From marctomarket.com|12 hr ago|7 commentsReports suggesting that some of the hot spots for the virus contagion appear to be leveling off, and this is helping underpin risk appetites today. The curve seems to be ...
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From euractiv.com|8 hr agoThe European Commission has approved a series of multi-billion-euro state support packages for Greece, Poland and Portugal to help soften the economic impact of the coronavirus ...
- From @johnestevens|6 hr ago|36 comments
tweet at 3:11pm: Boris Johnson was moved to the ICU (intensive care unit) at St Thomas’ Hospital around 7pm tweet at 3:19pm: PM Johnson has asked Foreign Sec. Dominic Raab, the First Secretary of State, to deputize for him where necessary.
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From cnbc.com|19 hr ago|3 commentsRussia and Saudi Arabia are “very, very close” to a deal on oil production cuts, according to the chief executive of Russia’s sovereign wealth fund RDIF. “I think the whole market ...
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From @DeItaOne|9 hr ago|6 commentstweet at 11:47am: RUSSIA IS READY TO DISCUSS VERY SUBSTANTIAL OIL OUTPUT CUTS DUE TO GLOBAL DEMAND COLLAPSE - TWO SOURCES GLOBAL OIL OUTPUT CUTS OF 10 MIN BPD MIGHT NOT BE ENOUGH TO BALANCE THE MARKET - TWO SOURCES #OOTT
- From thetechnicaltraders.com|20 min ago
Our researchers have been following Natural Gas for many months and believe the current price level, near $1.65, is acting as a continued historical support level (a floor in price). Our researchers also used one of our data mining tools to attempt to identify if any opportunity exists in NG over the next 30 to 60+ days for skilled traders. The purpose of ...
- From dailyfx.com|17 hr ago|1 comment
Crude oil prices rose through Monday’s Asia Pacific session as investors clearly retain some hope that the price war between Russia and Saudi Arabia which has piled pressure on a market already wrecked by the coronavirus can be brought to an end. Prices had been under pressure as the session got underway on reports that a meeting of the Organization of ...
- From marketsmedia.com|Apr 2, 2020|1 comment
CME Group, the world’s leading and most diverse derivatives marketplace, today reported its March and first-quarter 2020 market statistics, showing it reached a record average daily volume (ADV) of 32.1 million contracts during the month of March, up 68% from March 2019. First-quarter 2020 ADV reached a record 27 million contracts, an increase of 45% from ...