Crude Oil - BingNews

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Saudi's Shuffle: Oil Inventories And Exports YTD

Oil exports while stable YOY overall have been ... to see what it's actually doing. Saudi's crude production continues to trend downwards and from all indications will stay below 10M bpd. ...
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Posted: July 20, 2019, 4:11 am

Oil Posts Worst Week Since May on Oversupply Fears

Oil prices edged higher Friday but still logged their worst week since May, the latest turn lower for crude in 2019 as fears of excess supply buffet prices. West Texas Intermediate futures, the U.S. ...
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Posted: July 19, 2019, 5:47 pm

Crude Oil Weekly Price Forecast – Crude oil markets crater for the week

The WTI Crude Oil market found the $60 level to be far too expensive during the week, and we have broken down as a result. By doing so, the market looks very likely to continue to struggle but we ...
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Posted: July 19, 2019, 5:25 pm

Crude Oil Price Forecast – Crude oil markets continue to look soft

The crude oil market initially tried to rally during the trading session on Friday but gave back quite a bit of the gains. By doing so, we are testing the $55 level and that of course is large ...
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Posted: July 19, 2019, 5:14 pm

Things Are Just Too Stable For Oil Producers; This Industry Needs Massive Consolidation

For the record, this week's count of U.S oil rigs in operation (the most widely-quoted data point) fell by 4 to 954. That's down 79 rigs from the year-ago figure and it is clear that the "sweet spot" ...
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Posted: July 19, 2019, 1:32 pm

Chesapeake's stock bounces off 20-yr. low as oil prices gain

The oil and gas company's stock had tumbled 7.1% on Thursday, and sank 18% amid a four-session losing streak, to the lowest close ($1.58) since April 1999. On Friday, crude oil futures CLQ19, +0.71% ...
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Posted: July 19, 2019, 11:50 am

Persian Puzzle for Oil Prices

On the one hand, the White House has to be pleased about the oil market’s mild reaction to a series of incidents this week involving Iran. On a deeper level, though, it should be concerned. U.S. ...
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Posted: July 19, 2019, 11:30 am

Natural Gas - BingNews

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Onshore Oil And Gas Market Growth with Emerging Trends and Strong Application Scope by 2024

Profiled players in study from the coverage used under bottom-up approach are Chevron Corporation (United States),BP PLC (United Kingdom),Exxon Mobil Corporation (United States),Royal Dutch Shell PLC ...
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Posted: July 20, 2019, 4:49 am

Natural Gas Weekly Price Forecast – Natural gas markets break down for the week

Natural gas markets have broken down during the week, slicing through the $2.30 level in punching the $2.25 level during the Friday session. The fact that we are closing so low on the range tells ...
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Posted: July 19, 2019, 5:14 pm

Natural Gas Price Forecast – Natural gas markets break down on Friday

Natural gas markets initially tried to rally during the trading session on Friday but found enough resistance at the $2.30 level to rollover and break down towards the $2.25 level. By doing so ...
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Posted: July 19, 2019, 4:01 pm

Natural Gas: Weak Near-Term Demand Keeps Prices Low

This week saw EIA report +62 Bcf for the week ending July 12. This was lower than our forecast of +64 Bcf and lower than the consensus average of +65. For the week of July 19, we have a ...
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Posted: July 19, 2019, 2:44 pm

Natural gas may recover from its year-to-date loss by the end of the summer

Natural-gas prices have finally broken out of the tight trading range they’ve been stuck in for the past six months to mark a bottom for this year, setting their sights on a bounce back as prices near ...
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Posted: July 19, 2019, 8:47 am

Without Fracking For Natural Gas, The U.S. Loses And Putin Wins

The boom in U.S. fracking, along with its twin technology of horizontal drilling, is why U.S. natural gas production has soared 60% since 2008 to around 90 Bcf/d, more than a quarter above second ...
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Posted: July 19, 2019, 7:19 am

Low Prices Boost Hopes for Natural Gas

Natural gas finally has broken out of the tight trading range it’s been stuck in for the past six months. But it’s done it the hard way, by falling to a more than three-year low. However, there could ...
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Posted: July 19, 2019, 2:05 am

US Dollar - BingNews

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US Dollar May Gain if IMF Report, US GDP Data Fuels Haven Demand

(MENAFN - DailyFX) US DOLLAR FUNDAMENTAL FORECAST: BULLISH US Dollarmay gain on risk aversion if US GDP data undershoots forecastsUSDspike may be amplified if IMF report shows fragility in global ...
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Posted: July 20, 2019, 5:26 am

USD/JPY Weekly Price Forecast – US dollar chops around against Japanese yen for the week

The US dollar has gone back and forth during the week against the Japanese yen just below the ¥108 level, as the market continues to show a lot of indecision. The 61.8% Fibonacci retracement ...
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Posted: July 19, 2019, 2:17 pm

GBP/USD Weekly Price Forecast – British pound showing signs of resiliency

The British pound initially broke down below the 1.25 handle only to turn around and form a bit of a hammer. While this is a bullish sign, I don’t necessarily believe that we are at the ...
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Posted: July 19, 2019, 2:14 pm

The US dollar bounces as we await more data releases

The EUR/USD pair increased by the end of the trading session yesterday amid a decline of the US dollar index after New York Federal Reserve President John Williams’s comments. He said that “…when you ...
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Posted: July 19, 2019, 11:22 am

US Dollar Index technical analysis: DXY recovers on Friday as bulls lift the matket above the 97.00 handle

The EUR/USD pair is recovering from a daily low of 1.1216, although holding in negative territory for the day. US preliminary Michigan Consumer Sentiment Index improved by less-than-anticipated in ...
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Posted: July 19, 2019, 10:54 am

US Dollar Index clinches tops near 97.20 ahead of U-Mich

DXY moves further north of 97.00, fresh daily highs. FOMC’s Bullard ruled out a 50 bps interest rate cut in July. Flash US Consumer Sentiment coming up next. The US Dollar Index (DXY), which tracks ...
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Posted: July 19, 2019, 6:40 am

U.S. Dollar Holding Gold Back

Following up on my article “US Dollar to Rain on Gold’s Parade” of March 20, 2019: Fed continues QT by reducing Balance Sheet Excess bank reserves held at the Fed are moving out into the ...
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Posted: July 18, 2019, 10:07 pm

S - BingNews

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Sheila Dikshit, Delhi's longest-serving chief minister, dies

NEW DELHI (AP) — Veteran Indian politician Sheila Dikshit, New Delhi's longest-serving chief minister, has died after a prolonged illness. She was 81. Dikshit died Saturday at a hospital in New Delhi, ...
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Posted: July 20, 2019, 5:38 am

Utah governor order's flag-lowering Tuesday for Stevens

SALT LAKE CITY (AP) — Gov. Gary Herbert is ordering that U.S. and Utah flags at state facilities be lowered to half-staff from sunrise to sunset on Tuesday in honor of former Supreme Court Justice ...
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Posted: July 20, 2019, 5:05 am

I'm not over the moon but there's still a lot to come - Klopp

Jurgen Klopp says there is still a lot to come from his team during pre-season. ...
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Posted: July 20, 2019, 5:05 am

A Spotlight On Iran's Relationship With U.S., U.K.

NPR's Jackie Northam provides the latest update on the situation with Iran as tensions escalate with the United States and the United Kingdom. ...
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Posted: July 20, 2019, 5:00 am

Sports Roundup: Previewing Sunday's Baseball Hall Of Fame Induction

NPR's Scott Simon speaks with ESPN's Howard Bryant about the 2019 baseball season so far and about Mariano Rivera, baseball's first unanimous Hall of Famer. ...
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Posted: July 20, 2019, 5:00 am

Trump’s Tweets Reveal an Ugly Truth: Weekend Edition

Brooke Sample is an editor for Bloomberg Opinion. She has been a copy editor for Euromoney Institutional Investor, the Virginian-Pilot and Gannett New Jersey newspapers. ...
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Posted: July 20, 2019, 5:00 am

Sheila Dikshit, New Delhi’s longest-serving chief, dies

Sheila Dikshit, an Indian politician who was New Delhi's longest-serving chief minister, has died after a prolonged illness. She was 81. Dikshit died Saturday at a hospital in New Delhi, where she had ...
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Posted: July 20, 2019, 4:50 am

Interest Rates - BingNews

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Michigan woman had 350% interest rate on $1,200 loan — and a loophole allows it

DETROIT – Karl Swiger couldn't believe how his 20-something daughter somehow borrowed $1,200 online and got stuck with an annual interest rate of roughly 350%. "When I heard about it, I thought you ...
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Posted: July 20, 2019, 3:00 am

FED'S ROSENGREN SAYS HITTING THE 2% INFLATION TARGET HAS BECOME HARDER IN A WORLD OF LOW INTEREST RATES

FED'S ROSENGREN SAYS HITTING THE 2% INFLATION TARGET HAS BECOME HARDER IN A WORLD OF LOW INTEREST RATES ...
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Posted: July 19, 2019, 6:46 pm

Fed's Eric Rosengren Signals His Opposition to an Interest-Rate Cut

Federal Reserve Bank of Boston President Eric Rosengren said he doesn’t believe the U.S. economy needs an interest-rate cut, given the positive data that’s rolled in since mid-June. “The economy’s ...
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Posted: July 19, 2019, 2:13 pm

The New York Fed President Raised Hopes for Interest-Rate Cuts. Here’s Exactly What He Said.

The Central Bank Research Association kicked off its annual meeting Thursday, with panel discussions including “Micro Price Setting and Inflation Dynamics,” “Post-Implementation Evaluation of the G20 ...
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Posted: July 19, 2019, 12:26 pm

Fact-Checking Trump’s Tweet About Too-High Interest Rates

President Trump has made a regular habit of criticizing the Federal Reserve, and on Friday he tweeted that the central bank’s “faulty” decision-making was causing Americans to pay higher interest ...
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Posted: July 19, 2019, 11:15 am

Trump insists Fed should cut interest rates, even though economists say that’s usually a sign of ‘economic distress’

President Trump dramatically escalated his pressure on the Federal Reserve to cut interest rates later this month, attacking for the first time the Federal Reserve Bank of New York in his months-long ...
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Posted: July 19, 2019, 8:26 am

Trump knocks Fed's 'faulty thought process' over interest rates

President Trump on Friday accused the Federal Reserve of having a "faulty thought process," arguing that the central bank should lower interest rates to match foreign competitors. Because of the ...
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Posted: July 19, 2019, 6:06 am

Trucking Industry - BingNews

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Global $6.3 Bn Logistics Markets, 2024 by Model Type, Transportation Mode, End-Use, Region

inbound and outbound transportation, material handling, warehousing, etc. In recent years, the logistics industry has benefitted from the advancements made in technology, integration ...
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Posted: July 19, 2019, 3:59 pm

What’s the transportation plan for American Dream megamall?

Murphy concedes the transportation dilemma ... “An RFP, request for proposal, has been put out to bus industry to run contract services for employees, however they don’t know where the employees will ...
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Posted: July 19, 2019, 2:42 pm

Game On: Trucking Gets Creative in Attracting Young Technicians

Trucking companies are exploring ways to harness these innovations to attract and retain the next generation of diesel truck technicians, an important task considering the industry’s significant labor ...
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Posted: July 19, 2019, 8:15 am

The Technician’s Vital Role in Trucking

[Stay on top of transportation news: Get TTNews in your inbox.] A major concern of the trucking industry is the widely reported shortage of professional truck drivers, who of course play a vital role ...
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Posted: July 19, 2019, 7:45 am

AV industry turns away from Congress

In a statement following the meeting, the Partnership for Open and Fair Skies said Trump "shares our concerns and instructed us to keep working with the U.S. Department of Transportation." A quick ...
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Posted: July 19, 2019, 7:07 am

Peloton Announces its Vision for the Trucking Industry: Drivers Lead, and Technology Follows

ORLANDO, Fla., July 17, 2019 /PRNewswire/ -- Today, at the Automated Vehicle Symposium 2019 in Orlando, Peloton Technology Inc., the leading connected and automated vehicle technology company, ...
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Posted: July 17, 2019, 10:05 am

Air Transportation Global Market 2019, Industry Analysis, Growth Trends, Opportunity and Forecast To 2024

WiseGuyReports.com adds “Air Transportation Market 2018 Global Analysis, Growth, Trends and Opportunities Research Report Forecasting to 2023” reports to its database. This ...
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Posted: July 17, 2019, 8:21 am

Automotive Industry - BingNews

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AAM Co-Founder Richard E. Dauch Inducted into Automotive Hall of Fame

In addition to his indelible influence on the global automotive manufacturing industry, Dauch was also an active and respected philanthropist and community leader. He held various board leadership ...
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Posted: July 20, 2019, 5:06 am

Automotive Brake Systems Market Perspective By Global Size, Share, Competitive Analysis & Regional Forecast To 2028

The study, Global Automotive Brake Systems Market: Global Industry Prospect, Extensive Analysis, and Forecast, 2019-2028, exhibits all-encompassing data of this Automotive Brake Systems market which ...
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Posted: July 20, 2019, 3:18 am

Automotive Bushing Market 2019 Industry Overview, Growth Analysis, Business Opportunities by 2025

Jul 19, 2019 (AmericaNewsHour) -- Global Market Insights, Inc. has released a new research study on automotive bushing market Analysis 2019-2025 inclusive of one or more factors covering regional ...
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Posted: July 19, 2019, 1:23 pm

How the Mid-Engine Chevrolet Corvette Became the Automotive Industry's Biggest Urban Legend

A true, production mid-engine Chevrolet Corvette has been perpetually imminent, for decades and across generations. Until last night, it was always something that was said to be on its way but ...
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Posted: July 19, 2019, 9:05 am

Automation in Automotive Industry Analysis, Size, Share, Growth, Trends Forecasts 2022

The analysts forecast the global automation market in automotive industry to grow at a CAGR of 8.33% during the period 2018-2022. The global automation market in the automotive industry is a ...
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Posted: July 18, 2019, 9:45 am

Elon Musk explains why auto industry hasn’t caught up with Tesla, says competition has ‘no soul’

Tesla CEO Elon Musk thinks it took a while for the auto industry to believe Tesla was the real deal and now they are paying the price for it. In a new interview, Musk explains why the auto ...
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Posted: July 17, 2019, 3:42 am

GM, Fiat Chrysler warn workers auto industry facing tough future

Detroit (AFP) - With plant closures hanging over the start of contract negotiations, General Motors chief Mary Barra on Tuesday warned the United Auto Workers union that the industry is facing a ...
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Posted: July 16, 2019, 2:08 pm