Energy News
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Some attractions at Tokyo Disney Resort theme parks automatically stopped Sunday after a brief power outage, with the operator reporting there were no injuries. Guests were led from the attractions after they stopped at around 3:30 p.m., according to operator Oriental Land Co., which runs resort facilities such as Tokyo Disneyland and Tokyo DisneySea. ...
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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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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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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, according to Saudi Arabia’s energy minister. “Central banks, with all respect, they’re flip-flopping [on their messaging],” Prince Abdulaziz bin Salman said during a Sunday press ...
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A technical issue at the New York Stock Exchange on Monday caused the A-class shares of Warren Buffett’s Berkshire Hathaway to appear to be down nearly 100%. Trading was halted in those shares, as well as in Barrick Gold and Nuscale Power , which had also seen dramatic falls. The NYSE said in a 10:11 a.m. ET update that it was investigating a technical ...
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It looks like demand concerns are back on the forefront of investors' minds. Crude oil has dropped to its lowest level since February, with WTI bearing the brunt of the selling after weak US factory data intensified demand concerns, already underscored by the OPEC+ decision to extend its output cuts on Sunday. It looks like the selling was triggered by ISM ...
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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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In Monday's US data flow we have a surprise drop in the May ISM manufacturing index to 48.7 from 49.2 (consensus 49.5) – remember that anything below 50 is a contraction. Regional ...
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Investors and financial markets will be very surprised – and not at all happy – should Thursday’s ECB announcement not include the first cut in key interest rates since September ...
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A technical issue at the New York Stock Exchange on Monday caused the A-class shares of Warren Buffett’s Berkshire Hathaway to appear to be down nearly 100%. Trading was halted in ...
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Economic activity in the manufacturing sector contracted in May for the second consecutive month and the 18th time in the last 19 months, say the nation's supply executives in the ...
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New orders returned to growth in the US manufacturing sector in May, supporting a faster expansion in production midway through the second quarter of the year. Meanwhile, business ...
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It looks like demand concerns are back on the forefront of investors' minds. Crude oil has dropped to its lowest level since February, with WTI bearing the brunt of the selling after weak US factory data intensified demand concerns, already underscored by the OPEC+ decision to extend its output cuts on Sunday. It looks like the selling was triggered by ISM ...
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EUR/USD is falling modestly after the pair remained unchanged across the previous week. The pair continues to trade around the 1.0850 level after softer-than-expected monthly core PCE data on Friday and hotter-than-expected eurozone inflation figures. This week, investors are looking keenly ahead to Thursday's ECB rate decision. The central bank is widely ...
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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. ...