Energy News
-
Nigerian activists believe Shell’s apparent end to its 87-year operation in the country is an effort to avoid its legal responsibilities while holding onto the potentially profitable side of the business. In January, the oil giant revealed it had “reached an agreement to sell its Nigerian onshore subsidiary” to Renaissance, a consortium of four Nigerian oil ...
-
The S&P 500 hit yet another all-time high Monday, marking the 30th time the index reached a fresh high this year. The S&P 500 rose 41-point-6-3 points, or zero-point-seven-seven percent on Monday, to close the trading at five-thousand-473-point-2-3. The day's gains were largely driven by megacaps like Tesla and Apple, despite Nvidia edging lower. The index ...
-
Yes, ChatGPT can generate code that is compatible with trading platforms such as MetaTrader 4 (MT4). In this way, the use of ChatGPT can be useful when users want to develop code for their trading strategies by giving explicit instructions to program the code for that specific topic. However, before you launch it, it may be necessary to perform further ...
-
The S&P 500 hit yet another all-time high Monday, marking the 30th time the index reached a fresh high this year. The S&P 500 rose 41-point-6-3 points, or zero-point-seven-seven percent on Monday, to close the trading at five-thousand-473-point-2-3. The day's gains were largely driven by megacaps like Tesla and Apple, despite Nvidia edging lower. The index ...
-
Business activity declined modestly in New York State, according to firms responding to the June 2024 Empire State Manufacturing Survey. The headline general business conditions index moved up ten points but remained below zero at -6.0. New orders held steady, while shipments inched higher. Delivery times shortened somewhat, and supply availability—a new ...
-
Brent oil quotes continue to move within the development of growth and a bearish channel. At the time of publication of the forecast, the price of Brent oil is $82.86 per barrel. Moving averages indicate a short-term bullish trend for oil. Prices are again testing the area between the signal lines, which indicates pressure from sellers of Black Gold and a ...
-
Fitch Ratings has raised its forecasts for world growth in 2024 in its latest Global Economic Outlook as confidence in European recovery prospects improve, China’s export sector ...
-
Asian stocks rose, following a rally in several large US tech shares that drove Wall Street to another record high. All major Asia benchmarks climbed, led by Japan, Australia and ...
-
Crude exports from the world's largest oil exporter decreased 6.9% to 5.968 million barrels per day (bpd) in April, down from 6.413 million bpd in March. The country's crude ...
-
post: RBA GOV BULLOCK: **NEED A LOT TO GO OUR WAY TO BRING INFLATION BACK TO RANGE **BOARD DISCUSSED WHETHER TO HIKE RATES AT THE MEETING **BOARD DECIDED TO STAY THE COURSE ON POLICY **TRYING TO BRING DEMAND DOWN WHILE REMAINING ON NARROW PATH **BOARD WANTED TO MAKE POINT THAT… post: RBA GOV BULLOCK: **BOARD DID NOT CONSIDER THE CASE FOR A RATE CUT AT THIS MEETING **WOULD NOT SAY THAT THE CASE FOR A RATE HIKE IS INCREASING **VERY CONCIOUS THAT HIGH RATES HURTING SOME SECTOR OF COUNTRY post: RBA GOV BULLOCK: INFLATION ALSO HURTING PEOPLE, SO BOARD LASER FOCUSED ON BRINGING IT DOWN
-
post: ECB'S PRESIDENT LAGARDE: ECB IS ATTENTIVE TO PROPER FUNCTIONING OF MARKETS.
-
Brent oil quotes continue to move within the development of growth and a bearish channel. At the time of publication of the forecast, the price of Brent oil is $82.86 per barrel. Moving averages indicate a short-term bullish trend for oil. Prices are again testing the area between the signal lines, which indicates pressure from sellers of Black Gold and a ...
-
Tuesday looms as a great day to wait and observe the price action in WTI crude following a powerful surge to start the trading week, leaving the benchmark US contract at a level it struggled to overcome in the recent past. Its performance today may provide a strong signal on whether to get onboard the bullish move or get setup for shorts on a possible swing ...
-
The Commodity Futures Trading Commission today issued an order simultaneously filing and settling charges against Trafigura Trading LLC, a global commodities merchant with its principal place of business in Houston, Texas, for multiple violations of the Commodity Exchange Act (CEA) and associated CFTC regulations. The order requires Trafigura to pay a $55 ...