Energy News
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The first thing you’ll notice about this two-story Texas penthouse are the views and, second, the current owner’s trove of WWII plane memorabilia. Rod Lewis, the billionaire founder and CEO of Lewis Energy Group, is parting ways with his condo perched atop The Arts Residences in downtown San Antonio. On the market for just shy of $3.3 million with Haley ...
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After months of anger and outcry over an oil spill which inflicted $23m in damage on Tobago’s shores, the Trinidad and Tobago government says it is pursuing the Solo Creed tugboat, now seized by the Angolan Navy. In February, the Gulfstream tanker (pulled by Solo Creed) capsized and then spilt oil across approximately 88km of Tobagonian coral reefs, beaches ...
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When Storm Isha hit Northern Ireland and northern Britain in January 2024, wind gusts of almost 100mph caused widespread damage to property. This strong extra-tropical cyclone also influenced both the insurance and energy sectors. Isha resulted in damages which required the insurance industry to pay out approximately €500 million (Ł427 million). That’s a ...
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As widely expected ahead of Sunday’s virtual gathering, OPEC and its allies agreed to extend cuts of 3.66 million barrels per day bpd until the end of 2025 and begin phasing out voluntary cuts of 2.2 million bpd over the next 16 months, beginning in September. While markets had expected OPEC and Russia to extend voluntary cuts by a few months due weaker oil ...
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Claudia Sheinbaum is set to become Mexico’s first female leader in a landslide victory, capitalizing on outgoing President Andres Manuel Lopez Obrador’s popularity while also inheriting rampant criminal violence and a large fiscal deficit left by his government. The former mayor of the nation’s capital and candidate for the ruling Morena party is projected ...
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The first thing you’ll notice about this two-story Texas penthouse are the views and, second, the current owner’s trove of WWII plane memorabilia. Rod Lewis, the billionaire founder and CEO of Lewis Energy Group, is parting ways with his condo perched atop The Arts Residences in downtown San Antonio. On the market for just shy of $3.3 million with Haley ...
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Equities: U.S. stocks saw a significant surge in the last 1 hour of trading, finishing the week near their day highs. Despite this late surge, S&P 500 still ended the week lower ...
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So the Federal Reserve's preferred measure of inflation, the core personal consumer expenditure deflator, has come in at 0.2% month-on-month - the consensus had been swinging ...
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The prominent OPEC+ oil producers’ alliance is awaiting concrete central bank action on interest rates before factoring in the potential impact on the energy demand landscape, ...
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Claudia Sheinbaum is set to become Mexico’s first female leader in a landslide victory, capitalizing on outgoing President Andres Manuel Lopez Obrador’s popularity while also ...
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The UK manufacturing sector returned to growth in May, as output expanded at the quickest pace in over two years on the back of improved intakes of new work. The outlook also ...
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Spain’s manufacturing economy expanded at a marked and accelerated rate during May on the back of rapidly increasing production and new order levels. Purchasing activity was ...
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The oil-dollar pair fell by 0.7% in the last session after gaining as much as 1.1% during the session. The RSI is giving a negative signal. The AUD/USD price remained largely unchanged in the last session. The ROC is giving a negative signal. The EUR/USD price remained largely unchanged in the last session. The Stochastic RSI is giving a positive signal. ...
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WTI Crude Oil: chart The West Texas Intermediate Crude Oil market has been all over the place during the trading week, and even sold off quite violently on Friday. However, we remain in the same general vicinity that we have been in for a while, and I think at this point we are more likely than not to continue to see a lot of volatility and of course a ...
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Dear Client, Please find our updated Trading schedule and general information related to the Juneteenth National Independence Day on Wednesday, 19 June, 2024. Liquidity over the holidays is expected to be particularly thin so please take the necessary precaution to ensure that you are not affected by increased volatility, spreads and intermittent pricing. ...