Energy News
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The technical carbon, which is heavily used in industry, especially in the production of tires, will now be produced in the wastewater treatment process. This will not only add economic benefits but also help reduce pollution. The daily processing of 120 tons of sludge into diesel and carbon black is the company's top priority for this year. This fuel can ...
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Thieves are increasingly raiding solar power stations across Japan for copper transmission wiring as prices for the metal have surged globally. Local governments are planning ordinances to regulate trade in the metal, but they are seeking nationwide legal measures to discourage the thefts. One solar power farm in Ichikawa, Chiba Prefecture, was hit by ...
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When talking about the structure of the forward curve in the WTI futures market, there are two market terms traders should be familiar with. 1) Contango, when the forward price of a futures contract is higher than the spot price. 2) Backwardation, when the forward price of the futures contract is lower than the spot price. An oil lesson with Bob Iaccino ...
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U.S. crude oil refinery inputs averaged 17.0 million barrels per day during the week ending June 7, 2024, which was 98 thousand barrels per day less than the previous week’s average. Refineries operated at 95.0% of their operable capacity last week. Gasoline production increased last week, averaging 10.1 million barrels per day. Distillate fuel production ...
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Natural gas prices are still elevated, as risk-on flows stemming from upgraded EIA oil demand forecasts and the World Bank’s 2024 GDP growth forecasts lifted commodities. The updated Fibonacci retracement levels show where buyers might be waiting to join in the rally in the event of pullbacks. The 38.2% Fib is at $2.778 near the 100 SMA dynamic support, ...
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The technical carbon, which is heavily used in industry, especially in the production of tires, will now be produced in the wastewater treatment process. This will not only add economic benefits but also help reduce pollution. The daily processing of 120 tons of sludge into diesel and carbon black is the company's top priority for this year. This fuel can ...
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The Federal Reserve is expected to keep interest rates at a 23-year high for the seventh consecutive meeting on Wednesday and signal that it will cut rates this year fewer times ...
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Wednesday is shaping up to be one of the most important days of the year for economic news, as investors will hear about the path of inflation and the manner in which the Federal ...
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The Consumer Price Index was flat in May, while the core measure that strips out food and energy rose 0.2%, the Labor Department said on Wednesday. Why it matters: For the second ...
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The Consumer Price Index for All Urban Consumers (CPI-U) was unchanged in May on a seasonally adjusted basis, after rising 0.3 percent in April, the U.S. Bureau of Labor ...
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Monthly real gross domestic product (GDP) is estimated to have shown no growth in April 2024, following growth of 0.4% in March 2024. Real gross domestic product is estimated to ...
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post: EU: PLANS TO SET PROVISIONAL DUTY FOR ELECTRIC VEHICLE IMPORTS OF CHINA'S GEELY OF 20 PERCENT post: EU: PLANS TO SET PROVISIONAL DUTY FOR ELECTRIC VEHICLE IMPORTS OF CHINA'S SAIC OF 38.1 PERCENT post: EU TO IMPOSE ADDITIONAL TARIFFS ON EV IMPORTS FROM CHINA - 21% FOR CO-OPERATING COMPANIES & 38.1% FOR THOSE WHICH HAVE NOT. post: EU TO IMPOSE 17.4% TARIFF ON BYD EV IMPORTS FROM CHINA post: $TSLA | #Tesla May Get Individual China Import Duty Rate Under EU Tariff
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Natural gas prices are still elevated, as risk-on flows stemming from upgraded EIA oil demand forecasts and the World Bank’s 2024 GDP growth forecasts lifted commodities. The updated Fibonacci retracement levels show where buyers might be waiting to join in the rally in the event of pullbacks. The 38.2% Fib is at $2.778 near the 100 SMA dynamic support, ...
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Brent oil quotes continue to move within the framework of growth development and have left the bearish channel. At the time of publication of the forecast, the price of Brent oil is $81.51 per barrel. Moving averages indicate a short-term bearish trend in oil. Prices are again testing the area between the signal lines, which indicates pressure from sellers ...
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Singapore-based oil and commodities trading powerhouse Trafigura Group has posted the smallest profit since the 2020 oil crisis as volatility in energy markets hit new lows. Trafigura’s net profit dropped to $1.47 billion in the six months through March, good for a 73% decline from a record $5.5 billion posted a year earlier. The company’s revenue fell 5.4% ...