Energy News
-
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 ...
-
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 ...
-
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 ...
-
The U.S. Energy Information Administration’s (EIA) latest fuel update showed that the U.S. regular gasoline price is in a declining trend. That update, which was released this week, put the price at $3.643 per gallon as of May 6, $3.608 per gallon as of May 13, and $3.584 per gallon as of May 20. The May 20 U.S. regular gasoline price was $0.050 higher than ...
-
US natural gas futures climbed about 2% to a four-month high on Thursday on expectations utilities injected less gas into storage than usual for this time of year for a fourth week in a row. Analysts forecast US utilities added 85 billion cubic feet (bcf) of gas into storage during the week ended May 17. That compares with an increase of 97 bcf in the same ...
-
Working gas in storage across the United States amounted to 2,711 billion cubic feet in the week ending May 17, according to a report released by the Energy Information Administration (EIA) on Thursday. The reading marks a net increase of 78 billion cubic feet compared to the previous week. In comparison to the same period a year earlier, gas stocks rose ...
-
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... ...
-
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 ...
-
Equities: U.S. stock markets kicked off the trading session with the S&P 500 and the Nasdaq hitting new intraday highs, primarily propelled by Nvidia's impressive earnings report, ...
-
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
-
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 ...
-
There seemed to be relatively low volatility for oil prices since last week’s report. In the current report, we intend to have a look at the state of the US oil market, the role of the USD in determining oil prices and the production outlook of OPEC and Russia under the prospect of the OPEC+ meeting on June 1st. To conclude the report we will also provide a ...
-
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 ...