Energy News
-
In advance of today's CPI and Real Earnings releases, BLS inadvertently loaded a subset of files to the website approximately 30 minutes prior to the release. BLS has alerted the Office of Management and Budget and DOL's Office of the Inspector General of the incident. BLS takes its data security seriously and is conducting a full investigation into its ...
-
A barge hit a bridge in Galveston, Texas, on Wednesday, spilling oil into surrounding waters and closing the only road to a small island, officials said. The bridge that leads to Pelican Island, located just north of Galveston, was hit by a barge around 9:30 a.m., said Ronnie Varela, with the Galveston’s Office of Emergency Management. Varela did not have ...
-
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 ...
-
The world's first fifth-generation 174,000-cubic-meter LNG vessel was named and delivered on Wednesday in Shanghai, facilitating China's transformation from an industrial follower into a leader in liquefied natural gas carrier sector, according to the Shanghai-based shipyard. Delivered five months ahead of its schedule, the ship Greenergy Ocean is ...
-
post: ECB's De Cos: Every Indicator Points Towards First Interest Rate Cut In June
-
South Australian oil and gas giant Santos is cutting 200 jobs, blaming a delay in “growth activities” for the cull. The ASX-listed $25bn producer announced the retrenchment on Wednesday, with most impacted roles centred in the company’s Perth office. “A detailed review of the WA, Northern Territory and East Timor business unit was undertaken over recent ...
-
Russian President Vladimir Putin arrived in Beijing early on Thursday on the first foreign trip of his new term. Putin is due to meet his Chinese counterpart Xi Jinping as the two ...
-
The new tariffs on Chinese electric vehicles, semiconductors and medical supplies announced by the Biden administration on Tuesday raised questions for U.S. consumers and prompted ...
-
Markets expressed mild relief toward a pair of US inflation and consumer spending prints that change nothing yet for the FOMC. The result had markets gently piling into the US ...
-
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 ...
-
post: ECB's De Cos: Every Indicator Points Towards First Interest Rate Cut In June
-
video Natural gas reached a new trend high of 2.42 on Wednesday as the bull trend persists. It is rapidly approaching the next higher target of 2.46. That is where the 200-Day MA and 50% retracement resides. The 200-Day line is a significant trend indicator, and this is the first approach since the price of natural gas dropped below the 200-Day MA in ...
-
Crude Oil analysis lies at a critical juncture with a rising debate between OPEC members: some are unwilling to cut oil production below their capacities, while others seek to shore up crude prices. As previous policies have shown, OPEC members would adhere to supply cut quotas while non-members fulfill the global demand. However, members such as Iraq and ...
-
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 ...