Energy News
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The world's first hydrogen gas fuel-cell superyacht, long rumored to have been commissioned by billionaire Microsoft founder Bill Gates, is now officially for sale. Dubbed Project 821, the 390-foot (119-meter) superyacht is designed to run on 'green' hydrogen, which is produced by by splitting water into hydrogen and oxygen using renewable electricity. The ...
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China’s controversial plans to deploy floating nuclear reactors in the South China Sea could recalibrate the region’s power dynamics while sparking dangerous new tensions with the United States and its regional partners and allies. This month, The Washington Post reported that China is pursuing plans to develop floating nuclear reactors that could power ...
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When it comes to Contracts for Difference (CFDs), one of the most common questions among traders is how long do you hold a CFD? Unlike some financial instruments, CFDs do not have a fixed expiry date and therefore traders can use different trading strategies at their will. Nevertheless, the period that you keep a derivative will affect both your trading ...
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U.S. crude oil refinery inputs averaged 15.9 million barrels per day during the week ending May 3, 2024, which was 307 thousand barrels per day more than the previous week’s average. Refineries operated at 88.5% of their operable capacity last week. Gasoline production increased last week, averaging 9.5 million barrels per day. Distillate fuel production ...
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US natural gas futures gained around 3% to reach a 14-week high on Monday following forecasts for higher demand over the next two weeks than was previously expected, as feed gas use at LNG plants has picked up with the return to production of the Freeport LNG facility in Texas. The ongoing decline in output is also supporting higher prices. On the New York ...
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WTI oil futures slid to a two-month low of 76.99 on Wednesday after their continuous attempts to climb above the 200-day exponential moving average (EMA) at 79.10 proved fruitless. Breaking below an important support trendline, the price might experience additional losses, but there’s a chance for a rebound around 77.44 at the 50% Fibonacci retracement of ...
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The Reserve Bank is now assuming Australians will see no interest rate cuts this year – and quite possibly none before the next federal election, due next May. That’s a big change ...
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Differences between U.S.-led Western and China-aligned economic blocs threaten global trade cooperation and economic growth, a top official with the International Monetary Fund ...
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Bank of Japan Governor Ueda: • Don't see yen moves as having a big impact on trend inflation so far but there is risk impact could become more significant in the future. • Don't ...
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According to preliminary information from the Federal Statistical Office (Destatis), real (price-adjusted) production in the manufacturing sector fell by 0.4% in March 2024 ...
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U.S. crude oil refinery inputs averaged 15.9 million barrels per day during the week ending May 3, 2024, which was 307 thousand barrels per day more than the previous week’s ...
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WTI oil futures slid to a two-month low of 76.99 on Wednesday after their continuous attempts to climb above the 200-day exponential moving average (EMA) at 79.10 proved fruitless. Breaking below an important support trendline, the price might experience additional losses, but there’s a chance for a rebound around 77.44 at the 50% Fibonacci retracement of ...
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video Natural gas pauses its ascent to again test resistance around the 38.2% Fibonacci retracement, which is at 2.24. Today’s high was 2.23, at the time of this writing, and natural gas is poised to end Tuesday with an inside day bullish doji hammer candlestick pattern. It reflects continuing strength in the advance. Further, Monday’s high slightly ...
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Balyasny Asset Management is setting up a unit to trade physical natural gas and power in Denmark in a bid to generate more profit from its growing commodities business, people familiar with the matter said. The firm is still building out the portfolio and systems and registering itself as a counterparty to allow it to trade with entities including ...