Energy News
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A Hamilton County, Ohio, man was sentenced to prison today for violating the Clean Air Act through an aftermarket scheme to disable the emissions control systems of diesel trucks. Davis Owens, 34, of Cleves, was sentenced to serve 30 days in prison, seven months of home confinement and one year of supervised release. He had previously pleaded guilty to one ...
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"My god it's him, he's really back. To give a hedgefund bitch a heart attack. To make a million apes insomniac. It's the guy... who's not a cat ;-)," wrote one user on Reddit's GameStop message board on Sunday evening following an X post from 'Roaring Kitty.' Roaring Kitty, also known as Keith Gill, led an army of 'meme-traders' against hedge funds shorting ...
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Bond markets make the financial world go round, helping to grease the wheels of commerce, allowing economic activity to expand. But when too much debt is issued, it can overwhelm demand, causing borrowing costs to spike which can be detrimental to the economy. This balancing act is attracting plenty of interest right now, especially when it comes to trends ...
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Retail sales were weaker than expected in April, furthering concerns about the state of the consumer amid sticky inflation and higher interest rates. Retail sales were flat in April from the previous month, according to Census Bureau data. Economists had expected a 0.4% increase in spending, according to Bloomberg data. This marked a slowdown from the 0.6% ...
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U.S. crude oil refinery inputs averaged 16.3 million barrels per day during the week ending May 10, 2024, which was 307 thousand barrels per day more than the previous week’s average. Refineries operated at 90.4% of their operable capacity last week. Gasoline production increased last week, averaging 9.7 million barrels per day. Distillate fuel production ...
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post: IEA REFERRING TO ITS LOWER 2024 DEMAND GROWTH FORECAST: WEAK DELIVERIES, NOTABLY IN EUROPE SHIFTED Q1 OECD DEMAND INTO CONTRACTION. post: IEA CUTS OIL GROWTH DEMAND FORECAST FOR 2024 BY 140,000 BPD TO 1.1 MILLION BPD – MONTHLY REPORT post: IEA :EVEN IF OPEC+ VOLUNTARY PRODUCTION CUTS WERE TO STAY IN PLACE, GLOBAL OIL SUPPLY COULD JUMP BY 1.8 MILLION BPD IN 2025, COMPARED WITH 580,000 BPD INCREASE IN 2024. post: IEA: GLOBAL OIL INVENTORIES SURGED BY 34.6 MILLION BARRELS IN MARCH AS OIL ON WATER SWELLED TO FRESH POST-PANDEMIC HIGH; EARLY DATA SUGGESTS GLOBAL OIL STOCKS ROSE FURTHER IN APRIL. post: IEA SEES GLOBAL OIL DEMAND GROWING BY 1.2 MILLION BPD IN 2025, SLIGHTLY UP FROM THE PREVIOUS FORECAST.
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Forecasters expect a monthly report on US consumer prices to show inflationary pressures moderated in April after three straight worse-than-anticipated readings to start the year. ...
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Inflation likely stayed higher than Fed officials would like in April if early forecasts are correct. The cost of living as measured by the Consumer Price Index likely rose 3.4% ...
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Federal Reserve Chair Jerome Powell reiterated Tuesday that inflation is falling more slowly than expected and will keep the central bank on hold for an extended period. Speaking ...
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The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.3 percent in April on a seasonally adjusted basis, after rising 0.4 percent in March, the U.S. Bureau of Labor ...
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Retail sales were weaker than expected in April, furthering concerns about the state of the consumer amid sticky inflation and higher interest rates. Retail sales were flat in ...
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In the first quarter of 2024, seasonally adjusted GDP increased by 0.3% in both the euro area and the EU, compared with the previous quarter, according to a flash estimate ...
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Natural gas is pulling up to the area of interest at the 38.2% Fib visible on the daily time frame. If this area holds as resistance, the commodity price could fall back to the lows at $1.572 soon. The 100 SMA is below the 200 SMA to indicate that the path of least resistance is to the downside or that resistance is more likely to hold than to break. The ...
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video Natural gas advances to a new trend high of 2.40 on Tuesday and hits the initial target from a measured move. Upward momentum still looks constructive as the day’s trading range is relatively narrow and positioned in the upper zone of Monday’s range. If natural gas manages to end today’s session above yesterday’s high of 2.38, it will be in a ...
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Dear Valued Clients, Please be advised that the following CFD instruments will be automatically rolled over as per the dates in the table below. As there can be a pricing difference between old and new futures contracts, we recommend clients to monitor their positions closely and manage positions accordingly. Expiration dates: table *All dates are ...