Energy News
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Today, in light of intensified terrorist activity in the Middle East, the U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) issued an Advisory to assist financial institutions in detecting potentially illicit transactions related to Islamic Republic of Iran-backed terrorist organizations. The Advisory highlights the means by ...
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The world's first hydrogen gas fuel-cell superyacht, long rumored to have been commissioned by billionaire Microsoft founder Bill Gates, is now officially for sale. Dubbed Project 821, the 390-foot (119-meter) superyacht is designed to run on 'green' hydrogen, which is produced by by splitting water into hydrogen and oxygen using renewable electricity. The ...
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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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The Bank of England is likely to take another step towards its first interest rate cut in four years on Thursday as inflation falls, but will probably be cautious about signalling that a move is imminent. The central bank is widely expected to keep its benchmark Bank Rate on hold for a sixth meeting in a row at 5.25% - the highest since 2008 - after its May ...
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Our Monetary Policy Committee (MPC) decides what monetary policy action to take. The MPC sets and announces policy eight times a year (roughly once every six weeks). In this video, the MPC discusses the decisions taken in May 2024 and answers questions from the press.
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It's been a tale of two assets—crude oil dropping while exchange-traded funds tracking the commodity rise. Over the past 30 days, the price of the closely watched West Texas Intermediate crude oil futures has declined by 8.5% with the price falling below its 100-day moving average. Over that same period, the largest pure-play oil ETF, the $1.4 billion ...
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The Bank of England is likely to take another step towards its first interest rate cut in four years on Thursday as inflation falls, but will probably be cautious about signalling ...
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A simple model points to a risk that US inflation takes longer to return to the 2% target than expected by the Fed because inflation dynamics have not returned to pre-COVID ...
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Bank of Japan board members turned overwhelmingly hawkish at their April policy meeting, with many calling for raising interest rates steadily to forestall risks of an inflation ...
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post: RUSSIA'S PUTIN: RUSSIA WILL DO EVERYTHING TO AVOID GLOBAL CONFRONTATION post: RUSSIA'S PUTIN: RUSSIA HAS NEVER DENIGRADED THE CONTIBUTION OF ALLIIES IN WORLD WAR TWO post: PUTIN: OUR STRATEGIC FORCES ARE ALWAYS COMBAT READY PUTIN: WE WILL NOT ALLOW ANYONE TO THREATEN US
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The Bank of England’s Monetary Policy Committee (MPC) sets monetary policy to meet the 2% inflation target, and in a way that helps to sustain growth and employment. At its ...
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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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Natural gas has been on the rise lately, but the rally might be cut short as the commodity has formed a bearish divergence on its hourly time frame. Price has formed higher highs since May 6, but the oscillators are showing lower highs. Stochastic is already in the oversold region, though, suggesting that the selloff may be over. However, RSI has plenty of ...
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Surprise Draw: The price of the US crude benchmark WTI, has regain some ground and rebound from losses following an unexpected drop in U.S crude storage. According to the Energy Information Administration (EIA) report on Wednesday, crude inventories for the week ending May 3 fell by 1.4 million barrels to 459.5 million barrels, compared to the previous ...
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CME Group, the world's leading derivatives marketplace, today announced that trading in its U.S. Crude Grade futures, which are Argus-settled and trade as a differential to the global benchmark WTI Crude Oil futures, reached several records in April 2024: • Record ADV of 17.8K contracts, up 54% year-over-year • Record ADV for WTI Midland contracts of 7.1K, ...