Energy News
-
British regulators on Wednesday dished out a combined £61.6 million ($79 million) in fines to U.S. investment bank Citi for failings in its trading systems and controls. The fines were issued by the Prudential Regulation Authority and the Financial Conduct Authority, whose investigation focused on the period between April 1, 2018, and May 31, 2022. Citi ...
-
Two related companies that operated the motor tanker PS Dream – Prive Overseas Marine LLC and Prive Shipping Denizcilik Ticaret – pleaded guilty today to conspiracy, knowingly violating the Act to Prevent Pollution from Ships (APPS) and obstruction of justice related to the falsification of the tanker’s Oil Record Book, which is a required log. The guilty ...
-
Have we mentioned, that we love history? Probably more than just once. What we like on the academic studies which use longterm data is that they offer a bird-like view on the financial markets. The daily noise and ebbs and flows retreat into the background and macroeconomic and geopolitical trends emerge. This top-down analysis helps to design the asset ...
-
post: *REHN: STRONG CASE TO START #ECB EASING IN JUNE - BBG *REHN: EUROZONE SEEING MODERATING WAGE GROWTH *ECB'S REHN: NOT PRE-COMMITTING TO ANY RATE PATH *REHN: WHAT FED DOES WILL NOT DETERMINE IF ECB CUTS RATES *REHN: ECB ISN'T 13TH FED DISTRICT: AFP
-
Temperatures will soar across Texas this week, increasing demand for energy as people switch on air conditioning to cool down. The heat will also spread across the Midwest and Northeast, with the potential for record warm overnight low temperatures from Philadelphia to Boston. Both the Electric Reliability Council of Texas and the Midcontinent Independent ...
-
Natural gas continues to trend higher on its short-term time frame, triggering fresh highs and an updated set of Fibonacci retracement levels. Price is in the middle of testing the 38.2% Fib at the moment. If support at $2.554 holds, natural gas could resume the climb to the swing high at $2.722 or higher. A larger pullback could reach the 50% level at ...
-
It’s now two years since the RBA first started to raise interest rates, resulting in the biggest tightening cycle since the late 1980s. Rates have gone much higher and stayed high ...
-
Inflation in advanced economies remained essentially stable for the third straight month, at around 2.7% yoy. The stickiness of advanced economy inflation so far this year has ...
-
Here are three things I think I am thinking about this week: 1) Is QE Debt “Monetization”? It’s been 15 years since I first said that the Fed wasn’t “monetizing the debt”. My ...
-
The Consumer Prices Index including owner occupiers’ housing costs (CPIH) rose by 3.0% in the 12 months to April 2024, down from 3.8% in the 12 months to March. On a monthly ...
-
Existing-home sales receded in April, according to the National Association of REALTORS®. All four major U.S. regions posted month-over-month declines. Year-over-year, sales ...
-
post: *REHN: STRONG CASE TO START #ECB EASING IN JUNE - BBG *REHN: EUROZONE SEEING MODERATING WAGE GROWTH *ECB'S REHN: NOT PRE-COMMITTING TO ANY RATE PATH *REHN: WHAT FED DOES WILL NOT DETERMINE IF ECB CUTS RATES *REHN: ECB ISN'T 13TH FED DISTRICT: AFP
-
In reviewing the charts of the markets I often trade, it's evident that Heating Oil has decisively broken through the bottom of its wedge pattern, whereas Gold has established a classic "cup and handle" formation. From a technical perspective, these markets seem to be moving in opposite directions. chart The weekly chart, tracing back to the summer of ...
-
Natural gas continues to trend higher on its short-term time frame, triggering fresh highs and an updated set of Fibonacci retracement levels. Price is in the middle of testing the 38.2% Fib at the moment. If support at $2.554 holds, natural gas could resume the climb to the swing high at $2.722 or higher. A larger pullback could reach the 50% level at ...
-
International derivatives marketplace CME Group has posted a notice of disciplinary action against Hartree Partners Power & Gas Company (UK) Limited. Pursuant to an offer of settlement in which Hartree Partners Power & Gas Company (UK) Limited neither admitted nor denied the rule violation or factual findings upon which the penalty is based, a Panel of the ...