Energy News
-
Ivan F. Boesky, the flamboyant stock trader whose cooperation with the government cracked open one of the largest insider trading scandals on Wall Street, has died at the age of 87. His daughter Marianne Boesky told The New York Times on Monday that he died in his sleep, and his wife confirmed Boesky’s death to The Washington Post. No cause of death was ...
-
Sanlorenzo made marine history over the weekend. The Italian yard launched a new 164-foot steel superyacht with an innovative green methanol fuel cell system during an exclusive event in La Spezia on Sunday. The inaugural 50Steel, christened Almax, will be the first yacht in the world to use methanol fuel cells to produce emissions-free power for the hotel ...
-
Technical analysts use the Relative Strength Index (RSI) as a momentum indicator. In order to determine whether a security’s price is overvalued or undervalued, it analyses the rate and magnitude of recent price fluctuations. Developed by J. Welles Wilder Jr., the RSI is represented as an oscillator on a scale from zero to 100. It was first published in his ...
-
The US Strategic Petroleum Reserve is back on the radar of commodity traders, as the Department of Energy sends conflicting signals about a major order. The SPR, which is presently at its lowest levels since the early 1980s, has an authorized capacity of up to 714 million barrels of crude, and moves to refill it can have a major impact on oil prices. Why is ...
-
Iranian President Ebrahim Raisi and his foreign minister died when their helicopter crashed as it was crossing mountain terrain in heavy fog, an Iranian official told Reuters on Monday (May 20). Hopes were fading that Raisi and his foreign minister survived a helicopter crash in mountainous terrain and icy weather, an Iranian official had told Reuters after ...
-
video Natural gas further advances to a new trend high of 2.75 on Monday, as it busts through a potential resistance zone ending at 2.69. Today’s high put the price of natural gas up by 73.5% from the most recent swing low at 1.58 (C). It looks like it will close strong today, in the top quarter of the day’s range and above 2.69. That puts it in a good ...
-
podcast Brian McCarthy is the founder of MacroLens, an institutional newsletter focused on macroeconomics. Brian previously ran a single-strategy China-focused hedge fund at ...
-
Prices at the U.S. pump have fallen for four straight weeks, dropping another 3.5 cents from a week ago, down to $3.55 per gallon on Monday just ahead of the official start of ...
-
Australia could face a natural gas shortage later this decade without action to boost domestic supply, according to industry group Australian Energy Producers, which endorsed the ...
-
video Natural gas further advances to a new trend high of 2.75 on Monday, as it busts through a potential resistance zone ending at 2.69. Today’s high put the price of natural gas up by 73.5% from the most recent swing low at 1.58 (C). It looks like it will close strong today, in the top quarter of the day’s range and above 2.69. That puts it in a good ...
-
Sr. Technical Strategist Michael Boutros (@MBForex) highlights the targets & invalidation levels that matter on the technical charts into the weekly open.
-
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 ...