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'Bond King' Bill Gross Blasts Jeffrey Gundlach as Potential Heir
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post: API: Crude +1.174M Cushing -2.417M Gasoline +4.21M Distillate +2.592M #OOTT #OilAndGas #Gasoline #CrudeOil #Oil WTI Dips Off 10-Month Highs After API Reports Unexpected Crude Build Oil extended its rally to a 10-month high as production cuts by leaders of the OPEC+ cartel strain global supplies, a setup that’s projected to create the tightest crude market in a decade in the months ahead. “The upward momentum is exhausted for now,” said Vandana Hari, founder of Vanda Insights in Singapore. “Crude needs fresh cues to pick a direction. We may see a holding pattern of around $90 for Brent.” API: Crude +1.174mm (-1.9mm exp) Cushing Gasoline (-300k exp) Distillates (+400k exp) After four straight weekly draws, API reports an unexpected 1.1mm barrel build in crude stocks last week.. chart WTI was hovering just below $89 ahead of the print and faded after...
Thermal coal demand is set for a long-term downward trend. By 2050, we forecast that there will be a 60% fall in traded thermal coal. But the global road to decarbonisation will ...
BP Plc Chief Executive Officer Bernard Looney will be resigning, the Financial Times reported, citing two people it didn’t name. The company’s American depositary receipts rose as ...
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Crude oil rallies to its highest level since November. Bob Iaccino examines.
video Natural gas breaks out of yesterday’s bullish doji hammer candlestick pattern on a move above 2.64. Upward momentum subsequently kicked in generating a long-range green ...
Oil (CL=F) is trading at a fresh 10-month high. Yahoo Finance Markets Reporter Jared Blikre breaks down the charts and explains why higher oil prices could complicate things for ...
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- Posted: Sep 12, 2023 4:51pm
- Submitted by:Category: Entertainment NewsComments: 0 / Views: 7,543