Energy News
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Almost eight months after his death at age 79, the Los Angeles estate of financier Robert Day is available for the first time in nearly three decades, asking a jaw-dropping $150 million. Built in the 1970s, the Palladian-style residence known as Villa dei Fiori (Villa of Flowers) occupies three contiguous parcels with two separate addresses in Lower Bel ...
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A former Societe Generale trader who was fired for unauthorized risky bets has lambasted the French bank for making him a “scapegoat” and failing to take its share of responsibility for missing the trades. Kavish Kataria, who was dismissed from the bank’s Delta One desk last year, said the profits and losses on his trades were reported on a daily basis to ...
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When it comes to Contracts for Difference (CFDs), one of the most common questions among traders is how long do you hold a CFD? Unlike some financial instruments, CFDs do not have a fixed expiry date and therefore traders can use different trading strategies at their will. Nevertheless, the period that you keep a derivative will affect both your trading ...
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There was some talk previously that Russia wanted to bring back barrels. I won't trust anything until the OPEC+ decision on June 1 but this is a decent sign. WTI crude is up 24-cents to $78.71 today after falling as low as $77.55.
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An Israeli tank brigade seized control Tuesday of the Gaza Strip side of the Rafah border crossing with Egypt, authorities said, moving forward with an offensive in the southern city even as cease-fire negotiations with Hamas remain on a knife’s edge. The move comes after hours of whiplash in the Israel-Hamas war, with the militant group on Monday saying it ...
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Natural gas recently broke through its symmetrical triangle top and is now stalling at the $2.100 area. A correction to the former resistance might be underway and enough to draw more bulls in. The Fibonacci retracement tool shows that the 38.2% level is at $1.957, then the 50% Fib is at $1.915. A larger correction could reach the 61.8% level that’s closest ...
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podcast Over the first two decades of the currency union, labour productivity (output per worker) in the euro area has been weak, at least when compared to other advanced ...
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Recent comments from a number of MPC members have hinted that a cut in Bank Rate might not be too far away and possibly rather sooner than financial markets currently expect. ...
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BP on Tuesday reported a fall in first-quarter profit, with results coming in below analyst expectations amid a “significantly weaker” margin in fuels and lower gas and oil ...
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post: BREAKING: Arab sources are reporting an ASSASSINATION attempt against Saudi Crown Prince Mohammed bin Salman pic.twitter.com/mKUjmwLnur post: Unconfirmed Reports tonight that a Heavily-Armed Security Convoy carrying the Crown Prince of Saudi Arabia, Mohammed bin Salman & several other High-Ranking Officials was attacked. It is claimed that several Members of the Saudi Royal Guard were killed, but Prince was Unharmed. pic.twitter.com/5Yl0CZTZyb
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At its meeting today, the Board decided to leave the cash rate target unchanged at 4.35 per cent and the interest rate paid on Exchange Settlement balances unchanged at 4.25 per ...
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post: RBA'S GOV. BULLOCK: WE BELIEVE RATES ARE AT THE RIGHT LEVEL TO GET INFLATION BACK TO TARGET. post: RBA'S GOV. BULLOCK: DATA ARE PROVING BUMPY, WE ARE TAKING A LONGER VIEW.
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Natural gas recently broke through its symmetrical triangle top and is now stalling at the $2.100 area. A correction to the former resistance might be underway and enough to draw more bulls in. The Fibonacci retracement tool shows that the 38.2% level is at $1.957, then the 50% Fib is at $1.915. A larger correction could reach the 61.8% level that’s closest ...
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video Natural gas advanced on Monday, reaching a high of 2.26, at the time of this writing. It was the third day in a row that it rallied. Each of the prior two days ended strong, in the top quarter of the day’s range. Earlier, it looked like today’s session may also end strong, but the situation has weakened somewhat intraday. Upward momentum has been ...
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CME Group, the world's leading derivatives marketplace, today announced that it will expand its suite of short-term WTI Crude Oil options to include Tuesday and Thursday expiries, pending regulatory review. With the addition of these new contracts, which will begin trading on July 22, 2024, Weekly WTI Crude Oil option expiries will now be available every ...