Energy News
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The ex-husband of a former BP mergers and acquisitions manager was sentenced to two years in federal prison for insider trading that netted him $1.76 million after he eavesdropped on her work calls about the oil giant buying another company. The ex-husband, Tyler Loudon, also was sentenced to one year of supervised release after his prison term and fined ...
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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 ...
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Analysts have used technical indicators for years. They analyze historical data, looking at past price movements to speculate on the future price direction of financial instruments. These indicators rely on patterns and gather data from price, volume, or open interest. It's crucial to understand that technical indicators work reactively; they don't predict ...
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A British trade official called on Prime Minister Justin Trudeau’s government to ratify the U.K.’s entry into a Pacific trade deal by the end of the year, despite opposition from some Canadian agriculture groups. The two countries are at an impasse in their bilateral free trade talks, which may also be delaying Canadian action to help the U.K. join the ...
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US durable goods orders for April • Prior month +0.9% • Durable goods orders for April 0.7% versus -0.8% expected. Prior month 0.8% • Ex-transport +0.4% versus 0.1% expected. Last month 0.0%. • Ex-defense MoM was 0.0% vs 1.2% last month • Nondefense Cap Ex-air 0.3% vs 0.1% expected. Last month -0.2%. • Shipments were up 0.4%. The gain in durable goods ...
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post: BREAKING: OPEC+ cancels its scheduled in-person meeting for June 1st in Vienna; instead, it convenes a meeting ***via video-conference for June 2nd*** | #OOTT
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NVDA smashed earnings and guidance out of the park and shares exploded over 10% higher... chart ... to make the AI-darling above $2.5 trillion market cap for the first time... ...
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Beijing on Friday said ongoing drills encircling Taiwan were testing the military's ability to seize power over the self-ruled island, days after a new president was sworn in. ...
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As we gather, America’s strong economic performance continues to serve as a key engine for resilient global economic performance. The Biden Administration has driven a ...
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post: ECB’s Schnabel: Some Elements Of Inflation Proving Persistent - Would Caution Against Moving Too Fast On Rates
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US durable goods orders for April • Prior month +0.9% • Durable goods orders for April 0.7% versus -0.8% expected. Prior month 0.8% • Ex-transport +0.4% versus 0.1% expected. Last ...
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Retail sales decreased 0.2% to $66.4 billion in March. Sales were down in seven of nine subsectors and were led by decreases at furniture, home furnishings, electronics and ...
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WTI crude oil with delivery in July is plummeting from the 80.00 level, which is acting as a strong resistance obstacle as well as the 200-day simple moving average (SMA). The commodity slipped beneath the medium-term ascending trend line, suggesting more declines in the market. To attract new buyers, the bulls will have to surpass the nearby resistance of ...
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video WTI crude oil tested the bottom range of a two plus week tight consolidation zone with today’s low of 76.90. That is a six-day low and crude oil is on track to close at its lowest daily closing price since February 26, not to mention the lowest daily close of the current consolidation phase. This is a sign of weakening, although within ...
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RoboMarkets: upcoming changes to the trading schedule (the Memorial Day in the US and the Late May Spring Bank Holiday in the UK)22.05.2024 / 08:00Dear Clients and Partners, Please note the upcoming adjustments to the trading schedule. Holiday: the Memorial Day in the US and the Late May Spring Bank Holiday in the UK Dates: 27/05/2024 - 28/05/2024 This ...