Pre. Settlement | N/A |
Settlement Date | 2018-12-27 |
Open | 3.090 |
Bid | 3.078 |
Last Price | 3.083 |
Day's Range | 3.081 - 3.095 |
Volume | 102 |
Ask | 3.080 |
SINGAPORE (Reuters) - Bharat Petroleum Corp Ltd has issued a tender seeking four liquefied natural gas (LNG) cargoes for July 2018 to March 2019 delivery, two industry sources said on Wednesday. The cargoes ...
Investing.com - Crude prices extended gains in midmorning trade on Tuesday, surpassing key psychological levels, as investors turned their attention toward U.S. weekly supply data.
Based on the early price action, the direction of the index today is likely to be determined by trader reaction to the 50% level at 2679.50.
Investing.com - Crude prices continued higher on Tuesday, as investors looked ahead to fresh data on U.S. commercial crude inventories to gauge the strength of demand in the world’s largest oil consumer and how fast output levels will continue to rise.
Over the last decade or so, white-collar workers have flocked to cities, driving up rents and triggering shortages of affordable housing. Now, advocates and policymakers are in a pitched battle over what to do. That conflict came to a head in Sacramento last week, as California legislators killed a bill that would have allowed developers…
We’re looking for volatility to return this week in an even bigger way than last week with the expiration of the May futures contract on April 26. With so much emphasis on the cash market because of the current unusual weather pattern, we expecting the May contract to come off the board with a bang rather than a whimper.
Gold futures are rebounding early Tuesday, mostly due to oversold technical conditions. The move we are seeing is likely a combination of profit-taking, short-covering and aggressive counter-trend buying. However, gains are likely being limited by a stronger U.S. Dollar and rising Treasury yields.
U.S. energy major Exxon Mobil has offered a liquefied natural gas (LNG) cargo from its recently restarted Papua New Guinea plant for delivery into the Japan, Korea, Taiwan (JKT) region in May, two traders with knowledge of the matter said. Exxon Mobil has offered the cargo on a delivered ex-ship (DES) basis, they said on Tuesday, asking not to be identified. The PNG LNG plant was recently restarted after a major earthquake triggered a shutdown in February.
The U.S Dollar has remained a huge talking point as it builds momentum in forex as bond yields increase in the States.
The gold prices gapped lower during the Monday’s session and continued to fall towards the $1320 level. The market is expected to trade with a downward pressure in next several session as the USD has been gaining strength which will work against the dollar. The silver fell over 1 percent during the Monday’s session slicing through the $17 level reaching $16.80 level.
The U.S Dollar has remained robust as it has gained against nearly every major currency. Gold has faltered and is above an important support level, which traders may attempt to challenge. U.S Crude Oil is approaching values not seen since late in 2014.
Shell and Inpex are on the final stretch of a years-long race to export gas from offshore northern Australia, where both have spent billions of dollars building the world's biggest maritime vessels to grab a slice of Asia's booming LNG market. Anglo-Dutch energy major Royal Dutch Shell (RDSa.L) and Inpex, Japan's biggest oil and gas producer, are vying for first gas from two overlapping fields after delays and cost overruns that have plagued both projects. The pair have spent billions on offshore facilities, including Shell's 490 metre (1,600 ft) long Prelude floating liquefied natural gas unit and Inpex's Ichthys Explorer semi-submersible platform, both the world's largest of their class.
Alt coins rally during the trading session on Monday, as Bitcoin and Ethereum stabilized. That being the case, looks as if fresh, hot, new money is coming into the alt coins space in general.
Natural gas markets went sideways initially during the trading session on Monday, but then started to roll over as the Americans came on board. We reached towards the $2.70 level, and I think we will probably go lower than that.
Fear of accelerating inflation, rising commodity prices and worries about the growing supply of government debt helped drive the 10-year yield to 2.998 on Monday.
Whether you invest in ETFs or futures contracts, you can't afford to ignore the risk this phenomenon poses.
Based on last week’s close at .7669, and the price action the previous three weeks, the direction of the AUD/USD this week is likely to be determined by trader reaction to the short-term Fibonacci level at .7743.
Based on last week’s close at $3.1355, the direction of the July Comex High Grade Copper market this week is likely to be determined by trader reaction to the main 50% level at $3.1505.
Natural gas prices moved sideways on Monday and remain in the middle of a range centered around the 10-day moving average at 2.71, which is short-term support. Momentum is flat as the MACD (moving average convergence divergence) histogram prints near the zero-index level with a flat trajectory which reflects consolidation. Net withdrawals from storage totaled 36 Bcf for the week ending April 13, compared with the five-year average net injections of 38 Bcf and last year’s net injections of 47 Bcf during the same week.
Investing.com - Crude prices sank lower on Monday amid Iran’s suggestion that an extension of the OPEC-led production curb may no longer be necessary and a steady increase in U.S. production levels.
Investing.com - Natural gas futures started the week in negative territory on Monday, amid speculation the start of spring will bring warmer temperatures throughout the U.S. and cut into demand for the fuel.
On April 24, the API is scheduled to release its weekly US crude oil inventory report. On April 25, the EIA is scheduled to release its US crude oil production data. Baker Hughes, a GE company (BHGE), is scheduled to release its US crude oil rig count report on April 27, 2018.
Uzbekistan plans to join an $8 billion project to build a natural gas pipeline from Turkmenistan to India, Uzbek President Shavkat Mirziyoyev said on Monday, although it was unclear whether Tashkent might eventually ship gas through it. Turkmenistan, which sits on the world's fourth-biggest gas reserves and borders Afghanistan, started this year laying the Afghan section of the pipeline which will also cross Pakistan, seeing it as key to diversifying exports away from China. Uzbekistan also exports gas, mainly to China and Russia, although its export volumes are much lower than the Turkmen ones due to higher domestic consumption.
TOKYO (AP) — Asian shares were mostly higher Tuesday as a surge in U.S. bond yields pushed the value of the dollar higher against other major currencies.
On April 20, 2018, Baker Hughes, a GE company (BHGE), released its US crude oil rig count report. Baker Hughes reported that US crude oil rigs increased by five or 0.6% to 820 on April 13–20. US crude oil rigs were at the highest level since March 20, 2015. The rigs also have risen by 132 or ~19.2% from last year.