Energy News
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Damage to a utilitys power equipment by gunfire found in Durham was associated with an outage that left hundreds of people without power earlier this week, the company said. About 730 people experienced a power outage for about two hours on Monday after reports of a fire and equipment failure on Duke Energys power distribution grid, spokesperson Jeff ...
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U.S. Capitol Police arrested eight protesters who disrupted the Congressional Baseball Game by running onto the field at Nationals Park in Washington, D.C., on Wednesday night. The big picture: The activist group Climate Defiance, which has disrupted multiple political events as it campaigns against the use of fossil fuels, claimed responsibility for the ...
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Refined Products Gasoline and diesel, along with jet fuel and fuel oil, are collectively called refined products because they are products that are made by refining crude oil. Oil refineries are large, complex industrial process facilities located around the world. The amount of gasoline and diesel produced from refineries depends on global refinery ...
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Asian spot liquefied natural gas (LNG) prices rose to a six-month top this week, on the back of cooling demand in India, higher forecast temperatures in northeast Asia and suspended production at an Australian gas facility. The average LNG price for July delivery into north-east Asia was at $12.60 per million British thermal units (mmBtu), its highest ...
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The June 2024 UMich June preliminary consumer sentiment reading Prior was 67.4 Current conditions 62.5 vs 68.8 prior Expectations 67.6 vs 66.5 prior 1-year inflation 3.3% vs 3.5% prior 5-year inflation 3.1% vs 3.1% priorConsumer Sentiment Declined 5.1% to 65.6 in June Consumer sentiment declined 5.1% to 65.6 in June, according to ...
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Main scenario: consider short positions from corrections below the level of 87.75 with a target of 67.60 57.00. Alternative scenario: breakout and consolidation above the level of 87.75 will allow the asset to continue rising to the levels of 94.00 100.00. Analysis: supposedly, a downward correction continues developing as second wave of larger degree ...
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podcast A big macro week is behind us: the combination of CPI and PPI releases provide us with solid information on where the disinflation trend stands. Alf and Brent also ...
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In a report sent to Rigzone late Tuesday by the Morningstar team, Morningstar analysts noted that, on a quarterly basis, oil prices look weak. The analysts revealed in the report ...
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Asian spot liquefied natural gas (LNG) prices rose to a six-month top this week, on the back of cooling demand in India, higher forecast temperatures in northeast Asia and ...
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The June 2024 UMich June preliminary consumer sentiment reading Prior was 67.4 Current conditions 62.5 vs 68.8 prior Expectations 67.6 vs 66.5 prior 1-year inflation 3.3% ...
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It is a pleasure to be here in Dubrovnik. To this day, the stunning beauty of this city evokes the words of one of its most famous poets, Ivan Gundulić: O lijepa, o draga, o ...
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post: BOJ'S GOVERNOR UEDA: IT'S POSSIBLE TO RAISE THE RATE IN JULY DEPENDING ON DATA.
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video The natural gas markets have been back and forth during the session, perhaps a little bit negative, but really at this point in time, natural gas is overextended. We do have a significant amount of heat in the United States over the next several days, and markets had been banking on that. However, thats already been priced in, so the question then ...
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Main scenario: consider short positions from corrections below the level of 87.75 with a target of 67.60 57.00. Alternative scenario: breakout and consolidation above the level of 87.75 will allow the asset to continue rising to the levels of 94.00 100.00. Analysis: supposedly, a downward correction continues developing as second wave of larger degree ...
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The world's two most relied-upon crude oil benchmarks are WTI, predominantly traded on CME Group, and Brent, its European peer. Their attractiveness to financial investors is subject to a number of moving parts: the underlying supply/demand balance, economic considerations, weather and geopolitics. The weekly reports of the Commitment of Traders provide a ...