Energy News
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A debate at London city council surrounding an already pulled back curfew on gas-powered lawn and gardening equipment boiled over Tuesday afternoon. The civic works committee proposed holding a public meeting on the idea of a curfew on the use of gas-powered lawn and garden equipment from 6 p.m. to 8 a.m. The bylaw currently prohibits the use of all ...
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Some attractions at Tokyo Disney Resort theme parks automatically stopped Sunday after a brief power outage, with the operator reporting there were no injuries. Guests were led from the attractions after they stopped at around 3:30 p.m., according to operator Oriental Land Co., which runs resort facilities such as Tokyo Disneyland and Tokyo DisneySea. ...
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When Storm Isha hit Northern Ireland and northern Britain in January 2024, wind gusts of almost 100mph caused widespread damage to property. This strong extra-tropical cyclone also influenced both the insurance and energy sectors. Isha resulted in damages which required the insurance industry to pay out approximately €500 million (Ł427 million). That’s a ...
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Over the past three years, Treasury has helped drive a historic economic recovery and put our economy on a strong path for the medium- and long-term. GDP growth has been strong, growing 3.0 percent over the past four quarters. Inflation has declined substantially since its peak, even as we have more work to do to address high costs and give families more ...
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video WTI crude oil continued to weaken on Tuesday as it fell to a new retracement low of 72.73. Support showed up from there leading to an intraday bounce. That low put crude oil 17.3% below the most recent swing high of 87.89. Notice that today’s low was essentially bouncing off a bottom trend channel line. It was also just above the 78.6% Fibonacci ...
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Business activity continued rising across the German service sector in May, with stronger underlying demand providing added impetus to the upturn, the latest HCOB PMI® survey compiled by S&P Global showed. Services firms meanwhile upped the rate of job creation as they reported increased optimism towards growth prospects in the coming year. Inflationary ...
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US job openings fell in April to the lowest level in over three years, consistent with a gradual slowdown in the labor market. Available positions decreased to 8.06 million from a ...
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video A rebound in inflation or stickier than anticipated price pressures would force the RBA to hike interest rates again, Reserve Bank governor Michele Bullock has told a ...
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Weak labor market data (JOLTS big miss) and mixed Orders (Manufacturing beat, Durables miss) sent 'hard' data' to its weakest since the start of the year.. chart ...and that ...
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The number of job openings changed little at 8.1 million on the last business day of April, the U.S. Bureau of Labor Statistics reported today. Over the month, both the number of ...
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China's service economy expansion accelerated in May as greater new business inflows spurred faster services activity growth. New export business also increased at the fastest ...
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The UK services economy grew further midway through the second quarter, although some momentum was lost as expansions in business activity and new orders eased from their 11-month ...
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WTI crude oil fell through its range support with a large bearish gap to $72.60 per barrel. Price might still close the gap before resuming its selloff. The Fibonacci retracement tool shows that the former range support coincides with the 50% level at $76.60 per barrel while the 61.8% level is closer to the dynamic inflection points at the moving averages ...
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video WTI crude oil continued to weaken on Tuesday as it fell to a new retracement low of 72.73. Support showed up from there leading to an intraday bounce. That low put crude oil 17.3% below the most recent swing high of 87.89. Notice that today’s low was essentially bouncing off a bottom trend channel line. It was also just above the 78.6% Fibonacci ...
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CME Group, the world's leading derivatives marketplace, today reported its May 2024 market statistics set a new average daily volume (ADV) record of 26 million contracts for the month, up 4% from May 2023. The company's interest rate and metals products also reached May ADV records, as its deeply liquid U.S. Treasury complex hit a new single-day record of ...