Energy News
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The University of Calgary says it is planning a potential relaunch of its oil and gas engineering program, which it suspended three years ago due to dwindling student demand. The university stopped admitting students to its petroleum engineering bachelor’s degree program in 2021, after a multi-year period of low oil prices, corporate consolidation and ...
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The ex-husband of a former BP mergers and acquisitions manager was sentenced to two years in federal prison for insider trading that netted him $1.76 million after he eavesdropped on her work calls about the oil giant buying another company. The ex-husband, Tyler Loudon, also was sentenced to one year of supervised release after his prison term and fined ...
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With nearly half the world’s population set to face national elections this year, including here in the U.S., it’s a time of questioning for many. People want to know who their next leader will be, how changing policies may affect them, what the economic implications will be, and what place their country or region will have in the world. Of course, ...
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Retail sales decreased 0.2% to $66.4 billion in March. Sales were down in seven of nine subsectors and were led by decreases at furniture, home furnishings, electronics and appliances retailers. Core retail sales—which exclude gasoline stations and fuel vendors and motor vehicle and parts dealers—were down 0.6% in March. In volume terms, retail sales ...
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Asian spot liquefied natural gas (LNG) prices rose for the fourth straight week and hit its highest level in five months amid firm demand, tracking European gas market gains amid concerns over possible disruption to Russian gas supply. The average LNG price for July delivery into north-east Asia rose to $12.30 per million British thermal units (mmBtu), its ...
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Whenever I try to get a feel for the direction of natural gas prices, the Energy Information Administration’s (EIA) Weekly Natural Gas Storage Report is the first place I stop. This report provides an update on the levels of natural gas in storage facilities across the United States. The report includes data on working gas in underground storage, with ...
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US Treasury Secretary Janet Yellen on Thursday urged G7 ministers meeting in Italy to work on “more ambitious options” to use frozen Russian assets to help Ukraine. The ministers ...
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A British trade official called on Prime Minister Justin Trudeau’s government to ratify the U.K.’s entry into a Pacific trade deal by the end of the year, despite opposition from ...
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Beijing on Friday said ongoing drills encircling Taiwan were testing the military's ability to seize power over the self-ruled island, days after a new president was sworn in. ...
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US durable goods orders for April • Prior month +0.9% • Durable goods orders for April 0.7% versus -0.8% expected. Prior month 0.8% • Ex-transport +0.4% versus 0.1% expected. Last ...
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The University of Michigan consumer sentiment final for May is showing: • Consumer sentiment 69.1 vs 67.5 estimate and 67.4 preliminary. Last month 77.2. • Expectations 68.8 ...
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post: ECB’s Schnabel: Some Elements Of Inflation Proving Persistent - Would Caution Against Moving Too Fast On Rates
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WTI crude oil with delivery in July is plummeting from the 80.00 level, which is acting as a strong resistance obstacle as well as the 200-day simple moving average (SMA). The commodity slipped beneath the medium-term ascending trend line, suggesting more declines in the market. To attract new buyers, the bulls will have to surpass the nearby resistance of ...
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video WTI crude oil tested the bottom range of a two plus week tight consolidation zone with today’s low of 76.90. That is a six-day low and crude oil is on track to close at its lowest daily closing price since February 26, not to mention the lowest daily close of the current consolidation phase. This is a sign of weakening, although within ...
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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 ...