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June WTI crude oil (CLM24 ) on Thursday closed down -0.05 (-0.06%), and June RBOB gasoline (RBM24) closed +1.91 (+0.74%). Crude oil and gasoline prices settled mixed on Thursday, with crude posting a new 1-1/2 month low. Crude prices are under pressure due to the potential for a cease-fire between...
June Nymex natural gas (NGM24 ) on Thursday closed up by +0.103 (+5.33%). June nat-gas prices rallied sharply Thursday after weekly EIA nat-gas inventories increased at a slower pace than the five-year average, helping to limit a supply glut. The EIA reported Thursday that nat-gas inventories for the week ended...
June WTI crude oil (CLM24 ) this morning is down -0.49 (-0.62%), and June RBOB gasoline (RBM24 ) is down -0.63 (-0.24%). Crude oil and gasoline prices today extended Wednesday's loss and posted new 1-1/2 month lows. Crude prices are under pressure due to the potential for a cease-fire between...
I don’t usually talk about my parents in my writing, but in this case, it helps to bring up their story as a couple. Both my Mom and Dad were hardworking, but my mother had the job that paid more in our family. She worked at Pacific Bell for 30...
Despite a moderate price increase projected for 2024, the World Bank's latest report on the global crude oil market warns of significant upside risks that could send prices soaring. Escalating geopolitical tensions, particularly in the Middle East, and potential disruptions to North American oil production are identified as key factors that could disrupt the market and lead to a steeper price climb than initially anticipated.
Over the past 18 months, the stock market has been nothing short of a rollercoaster ride for investors. Fear has once again gripped the market, and the trend over the past month has been anything but friendly. The S&P 500 index is down by 6%. Four significant events are on...
A deep-seated dichotomy exists between the mind and the spirit in the vast expanse of human consciousness. This dichotomy, often overlooked, forms the very essence of our existence. Many of us believe in the existence of a soul, a spiritual essence that goes beyond our physical bodies. Yet, we often...
When we think of financial freedom, images of opulence, luxury, and worry-free living often come to mind. However, the true essence of financial freedom lies not in extravagant wealth but in having sufficient savings, investments, and cash on hand to support the lifestyle you desire for yourself and your family....
The Federal Reserve, as the authoritative body, has announced that interest rates will remain unchanged due to a “lack of progress” in bringing inflation down. The government body published a statement on behalf of the Board of Governors for the Federal Reserve System showing that the target of 2% or...
June WTI crude oil (CLM24 ) on Wednesday closed down -2.93 (-3.58%), and June RBOB gasoline (RBM24 ) closed down -11.38 (-4.23%). Crude and gasoline prices Wednesday tumbled to 1-1/2 month lows and closed sharply lower. Crude prices are under pressure due to the potential for a cease-fire between Israel...
June Nymex natural gas (NGM24 ) on Wednesday closed down by -0.059 (-2.96%). June nat-gas prices closed moderately lower on Wednesday for a second session. Ample US supplies and mild spring temperatures are undercutting nat-gas prices. As of April 19, nat-gas inventories were +37.0% above their 5-year seasonal average. NatGasWeather...
Hello fellow traders. In this technical article we’re going to look at the Elliott Wave charts of Oil published in members area of the website. The commodity shows bullish sequences in the cycle from the 67.75 low. Consequently we are favoring the long side and recommending members to keep buying the dips in 3,7,11 swings when get a chance.
A Seattle federal judge has held the founder of Binance accountable for his part in an elaborate money laundering scheme. Changpeng Zhao pleaded guilty to the charges held against him last year by the Justice Department, the Commodity Futures Trading Commission (CFTC), and the Treasury Department. Zhao, in a move...
June WTI crude oil (CLM24 ) this morning is down -2.21 (-2.70%), and June RBOB gasoline (RBM24 ) is down -7.81 (-2.90%). Crude and gasoline prices today dropped to 1-1/2 month lows and are moderately lower. Crude prices are under pressure due to the potential for a cease-fire between Israel...
Training is a key element of any successful business. Likewise, identifying and eliminating potentially inefficient training methods is also a necessity. In a world where technology is constantly rewriting the playbooks, the need to stay up-to-date and efficient with the latest tools, processes, and methodologies has become essential to ongoing...
Stagflation, a term that’s been buzzing around the financial world, is a complex economic phenomenon with significant implications for investors and the broader economy. It’s a bit like having a skunk in your backyard – an unpleasant situation that’s hard to manage. But what exactly is stagflation? It’s an economic...
We’ve all been there. You’re in the middle of your day, and your favorite boot or shoe suddenly gives out. It might seem like a minor inconvenience, but relying on your shoes for daily activities can be a significant disruption. Whether a hiking boot that’s lost its grip, a work...
The way we deal with our feelings has undergone a significant transformation over the years. The older generation, often referred to as the ‘suck it up, move on, get on with it’ generation, had a unique approach to handling their emotions. They believed in suppressing their feelings, pushing them down,...
June WTI crude oil (CLM24 ) on Tuesday closed down -0.70 (-0.85%), and June RBOB gasoline (RBM24 ) closed down -3.97 (-1.45%). Crude and gasoline prices Tuesday posted moderate losses. A stronger dollar (DXY00 ) on Tuesday pressured energy prices. Also, an easing of Middle East tensions is weighing on...
June Nymex natural gas (NGM24 ) on Tuesday closed down by -0.039 (-1.92%). June nat-gas prices Tuesday gave up an early advance and closed moderately lower. Ample US supplies and mild spring temperatures are undercutting nat-gas prices. Also, NatGasWeather said Tuesday that "surpluses are still expected to remain hefty and...
In April 2024, natural gas is in the shoulder season, when heating and cooling demand dramatically declines. Natural gas prices tend to reach seasonal lows during spring and have fallen since the August 2022 high.
New Jersey is seeking a new round of proposals to build wind energy farms off its coastline, forging ahead with its clean energy goals even as local opposition and challenging economics create blowback to the effort
Elon Musk’s month has gone from bad to worse as Tesla has informed staff that layoffs are imminent. In an all-staff email, first reported by The Information, the electric automotive manufacturer will lay off its Supercharger team, a significant change in the company’s structure and its leader, Rebecca Tinucci. This...
June WTI crude oil (CLM24 ) this morning is down -0.75 (-0.91%), and June RBOB gasoline (RBM24 ) is down -4.23 (-1.55%). Crude and gasoline prices this morning are moderately lower. A stronger dollar today is pressuring energy prices. Also, an easing of Middle East tensions is weighing on crude...
A leading analytics and survey provider has recorded a slump in United States consumer confidence. The Conference Board, a reputable source, has released information showing a decline in its consumer confidence index, according to its aggregated data. Over 36 million consumers in America took part in the survey, and not...
