Energy News
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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 ...
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Time for a pop quiz. Which of these trades saves more gas: A) Swapping a car that gets 25 miles per gallon (MPG) for one that gets 50 MPG, or B) Replacing a car that gets 10 MPG with one that gets 15 MPG. If you said that A conserves more gas, you’re mistaken. And it’s not even close. Here’s why: In the first scenario, the old vehicle getting 25 MPG uses ...
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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 ...
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video Crude oil has been sitting in an interesting position recently as it has been consolidating up against resistance around the 200-Day MA for two weeks. The significance of the 200-Day line was increased today as the purple 20-Day MA has fallen to converge with the 200-Day line. Together, the two lines represent a formidable near-term resistance zone ...
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post: #API Inv #Crude +2.48 #Cushing +1.77 #Gasoline +2.088 #Diesel -0.320 #OOTT Gasoline build dist draw. Hmmm. See what EIA's say. This could be more pain for the horbies
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Time for a pop quiz. Which of these trades saves more gas: A) Swapping a car that gets 25 miles per gallon (MPG) for one that gets 50 MPG, or B) Replacing a car that gets 10 MPG with one that gets 15 MPG. If you said that A conserves more gas, you’re mistaken. And it’s not even close. Here’s why: In the first scenario, the old vehicle getting 25 MPG uses ...
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UK inflation data due on Wednesday is expected to fall close to the government’s 2% target. Almost three years on from the start of price spikes, how has the economy changed? ...
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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 ...
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video At 2pm we publish: the official cash rate our Monetary Policy Statement our media release about the Monetary Policy Statement. The Monetary Policy Statement is published ...
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Restrictive monetary policy has reduced capacity pressures in the New Zealand economy and lowered consumer price inflation. Annual consumer price inflation is expected to return ...
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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 ...
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It is a great pleasure to be here at this event, hosted by the LSE’s Financial Markets Group in honour of Charles Goodhart. This evening, I am going to talk about central bank balance sheets and in particular the Bank of England’s balance sheet. An esoteric topic perhaps, but an important one, now more than ever. And it is a topic on which Charles has written extensively. Charles worked at the Bank for nearly two decades, of course, before his distinguished career as a professor here at the London School of Economics. His article “The importance of money”, published in the Bank’s Quarterly Bulletin in 1970 and available on the Bank of England’s website, was a milestone in the study of the predictability of money demand.footnote[1] At the time this was an important issue in debates over monetary control mechanisms and the relative merits of monetary ‘rules’ and policy ‘discretion’, a debate he masterfully summarised in his 1975 book on “Money, Information and Uncertainty”. In this and later work, Charles brought his deep understanding of the nature of financial markets, of banking and of monetary assets to bear, the historical perspective always present. In his 1988 book “On the Evolution of Central Banks” he discussed “how the role and functions of Central Banks have evolved naturally over time, and play a necessary part within the banking system”. Fast forward two more decades – acr post: BoE’s Bailey: We Think the Central Bank Balance Sheet Will Remain Larger Than Before the Financial Crisis Though Not as Large as Today post: BANK OF ENGLAND'S BAILEY: A RANGE OF 345-490 BLN STG IS NOT A BAD STARTING POINT FOR CENTRAL BANK BALANCE SHEET || BANK OF ENGLAND'S BAILEY: REPO PORTFOLIO CAN OFFER A RELIABLE AND FLEXIBLE SOURCE OF RESERVES AS LARGELY ADDITIONAL HIGH-QUALITY LIQUID ASSETS TO THE SYSTEM
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video Crude oil has been sitting in an interesting position recently as it has been consolidating up against resistance around the 200-Day MA for two weeks. The significance of the 200-Day line was increased today as the purple 20-Day MA has fallen to converge with the 200-Day line. Together, the two lines represent a formidable near-term resistance zone ...
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Something bullish, something bearish. Is this the end of increases in black gold? In today's analysis, we'll be taking a deep dive into the new record in black gold price and its long-term picture. From today’s point of view, we see that although crude oil moved higher in the previous month and hit a fresh high of $87.67, the bearish engulfing pattern ...
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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 ...