|Day's Range||3.061 - 3.061|
From Zainab Calcuttawala: There will be an OPEC deal extension–no matter the public tussling between opposing forces in the industry cartel–if the world’s largest oil producers are really determined to end the supply glut. A failure to agree on the… Read more ›
Natural gas markets have broken down significantly during thin trading on Thursday, as American traders were a way for Thanksgiving. However, the market breaking down below the $3 level previously was an extraordinarily negative sign, and quite frankly a surprising one considering that the seasonality of natural gas is calling for higher pricing right now. … Continue reading Natural Gas Price Forecast November 24, 2017, Technical Analysis
Gold prices have been continuing to consolidate and range over the last 24 hours which is something that we have come to expect from the gold market in recent times. But this time, the ranging and consolidation has been happening near the highs of its range which should give some hope for the gold bulls … Continue reading Gold Prices Stay in Range
Investing.com - Crude oil prices were narrowly mixed in Asia on Friday coming off a US holiday and cautious ahead of a key OPEC review of oil output curbs next week.
In the week ended November 17, 2017, PRB (Power River Basin) coal prices closed at $12.10 per short ton, the same price reported at the end of the previous week.…
Natural gas futures plunged to a three-week low on Wednesday after the release of a U.S. Energy Information Administration storage report. January Natural Gas futures settled at $3.059, down $0.051 or -1.64%. According to the EIA, domestic supplies of natural gas fell by 46 billion cubic feet for the week-ended November 17. The report was … Continue reading Natural Gas Price Fundamental Daily Forecast – Getting Weaker; New Resistance $3.111 to $3.151
TeleX AI’s initial coin offering got underway on 21st November and investors can benefit from the lack of fees on transactions during the initial coin offering period. Following the token sale, each trade will have a fee payable in TeleX AI tokens, which will ultimately be TeleX AI’s main revenue stream. For those looking to invest … Continue reading TelexAI Launches a Crypto Trading Chatbot on Telegram
The U.S Dollar weakened across the globe on Wednesday, and major currencies like the Euro, Pound, and Yen have gained. Because of the Thanksgiving holiday in the States today trading volumes will become quite thin. Gold has gained and has important resistance in sight. EUR/USD: Euro Marches to Better Values The Euro has gained and … Continue reading Daily Market Forecast, November 23, 2017 – EUR/USD, Gold, Crude Oil, USD/JPY, GBP/USD
In a muted pre-holiday trade on Wednesday, U.S. equity markets finished mixed and U.S. Treasury yields fell, taking down the U.S. Dollar. Gold prices soared and crude oil prices rose sharply. The day was filled with U.S. economic reports early in the session, culminating with the Fed meeting minutes near the end of the day. … Continue reading Fed Fears Financial Markets May Be Overvalued, Ripe for Reversal
The DAX index finally came down to earth and faced some reality as the index crashed lower during the course of trading yesterday and closed the day below the 13000 region setting the stage for a close battle between the bulls and the bears to gain control over the index. DAX Crashes Lower Since the … Continue reading DAX Index Daily Fundamental Forecast – November 23, 2017
The natural gas markets went sideways initially on Wednesday, but then broke down below the $3 level. We dropped to the $2.95 level, before bouncing, and it now looks as if we are starting to see resistance near the $3.00 level again and the 24-hour exponential moving average. Overall, this is a market that is … Continue reading Natural Gas Price Forecast November 23, 2017, Technical Analysis
China and India, the two countries with the largest populations on earth, will continue to drive global energy demand over the next two decades
Investing.com – Gold prices rose on Wednesday after a slump in Treasury yields pressured the dollar ahead of the release of the Federal Reserve November meeting minutes.
Oil prices climb Wednesday as a weekly decline in U.S. crude supplies backs expectations that OPEC will decide to extend its output-cut deal when it meets with other major producers next week.
Investing.com - Oil prices held on to most of their gains on Wednesday, with the U.S. benchmark staying close to its best level since July 2015 after data showed U.S. crude stockpiles dropped last week.
Categories: Yahoo FinanceGet free summary analysis Our analysis is based on comparing Inter Pipeline Ltd. with the following peers – MPLX LP, Valero Energy Partners LP, Phillips 66 Partners LP and Energy Transfer Partners LP (MPLX-US, VLP-US, PSXP-US and ETP-US). Dividend Quality Overview Over the last twelve months (prior to September 30, 2017), IPPLF-US paid a low ... Read more (Read more...)
Investing.com - Natural gas futures extended losses into a third session to hit its lowest level in around three weeks on Wednesday, as investors looked ahead to weekly data from the U.S. on supplies in storage to gauge demand for the fuel.
WARSAW, Poland (AP) — Poland's state-owned gas company says it has signed a five-year deal to buy liquefied natural gas from the U.S. as Europe seeks to cut its dependence on imports from Russia.
LONDON (Reuters) - The Gujarat State Petroleum Corp launched a tender on Wednesday to buy a liquefied natural gas (LNG) cargo for delivery in the second half of December, trade sources said. Bids must ...
Indian Oil Corp is considering buying Venezuelan crude for the first time in at least six years, in a move that could help the crisis-struck South American nation settle unpaid bills with another state-owned Indian energy firm. Venezuela depends on oil for more than 90 percent of its export revenues. Venezuela's national oil company PDVSA has missed debt payments to ONGC Videsh, the foreign investment arm of Indian explorer Oil and Natural Gas Corp, for six month and wants to settle $449 million dues using existing and new Indian clients.
Natural gas markets continue to be very choppy, as we drifted a bit lower initially during the trading session on Tuesday, but found support just above the $3.01 level, and rallied towards the $3.06 level. We pull back from there as well, and I think what we are going to see over the next 24 … Continue reading Natural Gas Price Forecast November 22, 2017, Technical Analysis
Sponsor TransCanada (TRP) won approval to build its controversial Keystone XL Pipeline through Nebraska, while BP (BP) became the first European oil major to resume share repurchase since 2014.
Poland's dominant gas firm PGNiG has signed its first mid-term deal for liquefied natural gas (LNG) deliveries from the United States, as part of a wider plan to cut its reliance on Russian supplies, it said on Tuesday. State-run PGNiG said that as part of the deal, signed with Centrica LNG Co. Ltd, it will receive nine LNG shipments in 2018-2022. The shipments will come from the Sabine Pass LNG export terminal in Louisiana in the United States and be delivered to Poland's LNG terminal at Swinoujscie on the Baltic Sea, which opened for commercial operations last year.