Crude Oil - BingNews

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UPDATE 1-Canada's Imperial Oil posts profit on higher crude prices

April 28 (Reuters) - Imperial Oil Ltd, Canada's No.2 integrated oil company, reported a quarterly profit on Friday, compared with a year-ago loss, helped by higher global crude prices and a C$151 million gain from the sale of a property. Imperial, like ...
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Posted: April 29, 2017, 4:18 am

Crude oil: was that just a dead-cat bounce?

Crude oil prices recovered from sharp losses on Thursday, with Brent ending the day higher and WTI flat. Both oil contracts saw some follow-through in buying momentum earlier today. However, at the time of this writing, crude oil prices had given up their ...
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Posted: April 28, 2017, 2:11 pm

Big Oil Is Back: Exxon, Chevron Triumph in Crude Resurgence

Exxon Mobil Corp. and Chevron Corp. easily swept aside analyst estimates as the battered giants of the U.S. oil industry shook off two-and-a-half years of low oil prices and reported surging profits in the first quarter. Exxon, the world’s biggest oil ...
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Posted: April 28, 2017, 8:18 am

Global crude oil discoveries plunge to record low, and it's gonna get worse

Conventional crude oil discoveries totaled just 2.4 billion barrels in 2016, versus the average of 9 billion barrels in the last 15 years, according to a new report from the IEA. Firms reached a final investment decision on the lowest number of projects ...
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Posted: April 27, 2017, 2:12 pm

Crude oil under $50 isn't a problem: NYSE trader

Crude oil slides under $50 per barrel again. At what point does it weigh on the broader market Yahoo Finance's Alexis Christoforous is joined by Alan Valdes, director of floor operations at Silverbear, at the New York Stock Exchange to discuss.
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Posted: April 27, 2017, 11:58 am

Crude Oil Price Forecast: One-Month Low As 200-DMA Fails To Support

Crude Oil Technical Strategy: exit long on break below $47/bbl EUR/USD inverse correlation to USOIL (-.83) favors USOIL downside Libya's restarts field as US production remains high adding pressure to oil prices IGCS shows Oil - US Crude maintains a ...
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Posted: April 27, 2017, 11:33 am

Crude Oil Drops 2% On Mixed U.S. Inventory Data

Brent crude fell 2.01% to $50.78 a barrel on London’s ICE Futures exchange, after falling as low as $50.60 a barrel., while on the New York Mercantile Exchange, West Texas Intermediate futures were trading down 2% at $48.61 a barrel. As the Wall Street ...
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Posted: April 27, 2017, 7:37 am

Natural Gas - BingNews

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Ohio sees big increase in 2016 natural gas production

COLUMBUS, Ohio (AP) — Ohio has overtaken West Virginia to become the sixth-largest natural gas producer in the U.S. after a big boost in production last year. The Energy Information Administration says companies in Ohio produced about 1.5 trillion cubic ...
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Posted: April 29, 2017, 8:06 am

US natural gas production fell in 2016

WASHINGTON — After reaching a record high of 79 billion cubic feet per day (Bcf/d) in 2015, U.S. marketed natural gas production fell to 77 Bcf/d in 2016, the first annual decline since 2005. According to a report released April 25 by the U.S. Energy ...
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Posted: April 29, 2017, 3:37 am

The case for importing natural gas

This week the leader of the Democratic Party (Diko), Nicholas Papadopoulos, said on Twitter that the import of mazut instead of natural gas has cost the Cyprus economy €1 billion over four years. This was followed by news that the government was ...
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Posted: April 29, 2017, 2:43 am

Natural Gas Settles Higher on Summer Hopes

Natural-gas futures inched to a three-week high Friday as a tighter balance between supply and demand has traders expecting rising prices heading into the summer. Natural gas for June delivery settled up 3.7 cents, or 1.1%, at $3.276 a million British ...
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Posted: April 28, 2017, 5:30 pm

Azure Completes Sale Of Its Natural Gas Gathering System

DALLAS, April 28, 2017 /PRNewswire/ -- Azure Midstream Partners, LP (otc pink:AZURQ) today announced that it and certain of its subsidiaries (collectively, "Sellers") have closed on a sale of substantially all of their midstream business and assets in East ...
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Posted: April 28, 2017, 3:24 pm

Duke Energy natural gas plant could go on line years ahead of schedule

Duke Energy (NYSE:DUK) has filed preliminary information for a 400-megawatt natural-gas plant with N.C. regulators. Based on federal estimates, it could cost $270 million. Filled with “must read” stories, industry news and reporter insights, exclusive ...
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Posted: April 28, 2017, 5:13 am

The U.S. Natural Gas Market, End of April 2017

After trading mostly sideways for the month, May natural gas expired at $3.14, reaching a settled low of 3.04 on April 25 and a high of $3.33 on April 6. U.S. natural gas stocks ended heating season at the third highest level in 10 years. We had a 74 Bcf ...
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Posted: April 27, 2017, 3:20 pm

US Dollar - BingNews

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NZD/USD recovers from multi-month lows ahead of NZ data

The NZD/USD pair fell to a fresh 10-month low at 0.6847 during the first half of the American session as the US Dollar strengthened against its competitors with the US Dollar Index rising to a daily high at 99.20. However, as the investors started to take …
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Posted: April 29, 2017, 8:14 am

Horst looks back on long tenure with USD 253

Nancy Horst has been the voice behind the Emporia Public School District for 24 years. Serving as the director of community relations, Horst has been the link between the district and the public — writing releases, communicating with local media and ...
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Posted: April 29, 2017, 7:51 am

Aquatic export hits 2.1 bln USD in four months

Hanoi(VNA) – Vietnam earned an estimated 604 million USD from the export of aquatic products in April, bringing the total figure of the year’s first four months to about 2.1 billion USD, representing a year-on-year increase of 8.2 percent. According to ...
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Posted: April 29, 2017, 6:03 am

US Dollar at Risk as Fed Decision-Makers Reconvene

French election hands the US Dollar its best week yet in 2017 All eyes on FOMC statement as the economy hits a soft patch Impact of April employment report to depend on Fed posture Have a question about trading the US Dolla r? Join a Q&A webinar and ask it ...
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Posted: April 28, 2017, 11:27 pm

US Dollar to Dominate Currency Moves in the Busy Week ahead

Aside from major geopolitical risks that should continue to dominate headlines next week - including a potential stand-off between the US and North Korea over the latter's nuclear provocations - currency markets in the first week of May will likely be ...
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Posted: April 28, 2017, 8:02 pm

COLLEGE SOFTBALL: USD clinches tourney spot

VERMILLION, S.D. | Senior Rachel Cue pitched a four-hitter and South Dakota silenced Fort Wayne 7-0 in a Summit League softball game played here Friday. The Coyotes (19-26, 9-7 Summit) clinched their fifth consecutive Summit League Tournament appearance ...
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Posted: April 28, 2017, 7:16 pm

Newton USD 373 feels out community on bond

Click to share on Twitter (Opens in new window) Click to share on Google+ (Opens in new window) Share on Facebook (Opens in new window) Click to share on Pinterest (Opens in new window) NEWTON, Kan. (KSNW) – A large sampling of Newton-area residents ...
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Posted: April 28, 2017, 5:04 pm

S - BingNews

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Shay Mitchell Leaves Jessica Alba's Birthday Party with Mystery Man in Leather (PHOTO)

Shay Mitchell walked out of Jessica Alba's birthday party with a present of her own ... a tall hunk in black leather. The "Pretty Little Liars" star was seen leaving The Peppermint Club in WeHo after Alba's star-studded 36th birthday party Friday night ..
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Posted: April 29, 2017, 8:20 am

Celtic's biggest win at Glasgow rival Rangers in 120 years

GLASGOW, Scotland (AP) — Celtic claimed its biggest victory at Rangers in 120 years on Saturday, humiliating its Glasgow rival 5-1 in the Scottish Premiership. In the season's sixth and final Old Firm duel, Celtic outclassed a feeble Rangers side to move ...
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Posted: April 29, 2017, 8:20 am

Jen's Gems: I Lost It At "Welcome Home"

I'm bringing back Jen's Gems, peeps! At least for a trial run, see how you guys like it. So here are some of my favorite finds from around the interwebz this week: This girl is seeing Hogsmeade for the very first time. I was fine until the Conductor walked ...
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Posted: April 29, 2017, 8:19 am

Cristiano Ronaldo Becomes All-Time Top Goalscorer in Europe's Top 6 Leagues

Cristiano Ronaldo became the all-time top goalscorer across Europe's top six leagues on Saturday, netting his 367th goal in Real Madrid's La Liga match against Valencia.
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Posted: April 29, 2017, 8:18 am

Trump’s 1st 100 Days: A Photo Retrospective

On Jan. 20 around noon, the America that we knew and liked enough to kick it with died. Former President Barack Obama loosened his tie and began windsurfing, and Russia’s play cousin, Vladimir TrumPutin, officially took office as president of the United ...
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Posted: April 29, 2017, 8:18 am

Is Synthetic Marijuana To Blame For Aaron Hernandez’s Suicide?

Aaron Hernandez might have been out of control at the time of his death. Larry Army Jr., attorney for Hernandez’s prison pal Kyle Kennedy, said Friday on Boston Herald Radio’s “Fargo Street” show his client suggests synthetic marijuana could be to ...
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Posted: April 29, 2017, 8:17 am

Climate protests to mark Trump's 100 days in office

For the second time in a month, tens of thousands of protesters are expected to turn out around the world Saturday to voice concern over climate change in a mass demonstration marking the 100th day of Donald Trump's presidency. Politico.com has reported ...
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Posted: April 29, 2017, 8:15 am

Interest Rates - BingNews

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Average Interest Rate By Debt Type

We are an indebted nation thanks to our desire for more and our financial system’s ability to grant us more. When used appropriately, debt can help provide for a better life and make us wealthier. When used indiscriminately, however, debt can destroy ...
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Posted: April 29, 2017, 8:16 am

SNB’s Jordan Says Interest Rate Cuts, More Currency Intervention Possible

ZURICH—Swiss National Bank Chairman Thomas Jordan on Friday left the door open to cutting interest rates more deeply into negative territory and intervening in markets to weaken the Swiss franc, as he said the central bank “continues to face major ...
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Posted: April 28, 2017, 5:30 pm

The Week Ahead: Fed meets on interest rates - Presented by: The Aol. On Network

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Posted: April 28, 2017, 1:57 pm

Interest Rate Outlook: Global Growth Could Push U.S. Yields Higher

Invesco Fixed Income believes strong global growth should ultimately pressure U.S. yields upward as global monetary policy tightens. In Europe, we expect the European Central Bank to move away from its ultra-dovish stance in the second quarter, clearing ...
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Posted: April 28, 2017, 1:34 pm

The Week Ahead: Fed meets on interest rates

CNBC's Dominic Chu looks ahead to what are likely to be next week's top business and financial stories. The Wall Street Journal.
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Posted: April 28, 2017, 1:02 pm

Interest rates expected to continue rise amid hot market

Harry Salzman can barely keep up. “I’ve been in residential real estate for 45 years this month and I’ve never seen things like this,” Salzman, a veteran Colorado Springs real estate broker, said weeks ago. “I can barely get a home in the $ ...
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Posted: April 28, 2017, 11:01 am

Electrolux chief hails consumer confidence, lower interest rates for profits

Lower interest rates and increased consumer demand helped Electrolux beat analyst forecasts and report better than expected first quarter earnings, CEO Jonas Samuelson told CNBC . The Swedish multinational home appliance manufacturer was trading at the top ...
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Posted: April 28, 2017, 10:19 am

Trucking Industry - BingNews

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Transportation industry changing fast, says MLA Westhead

BANFF, Alta. – Cameron Westhead, Alberta MLA for Banff-Cochrane, says the transportation industry is on the brink of some major changes. “We are now standing on the edge of a significant shift in the transportation industry,” said Westhead, who ...
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Posted: April 28, 2017, 6:12 pm

Idle Smart Aims to Disrupt The Trucking Industry With Data-Driven SaaS Solution

Trucks account for roughly 20 percent of total greenhouse gas emissions produced by the U.S. transportation sector. Much of this a result of drivers leaving their trucks to idle while sleeping. As a long-accepted inefficiency of the trucking industry ...
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Posted: April 28, 2017, 4:48 am

Find Commericial Driving Opportunities, Industry News And Driver Resources At TruckDrivingJobs.Com

(MENAFN Editorial) The trucking industry site and commercial trucking job board TRUCKDRIVINGJOBS.COM has incredible opportunities for your next career behind the wheel. Truck Driving Jobs is a driver's job search resource, industry news outlet and virtual ...
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Posted: April 28, 2017, 1:00 am

Mobile Apps in the North American Trucking Industry 2017: Trucking Apps Evolving Rapidly to Offer $2 Billion Investment Opportunities by 2020 - Research and Markets

DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Mobile Apps in the North American Trucking Industry, 2016-2017" report to their offering. The North American trucking apps ecosystem has the potential to become a $35.4 ...
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Posted: April 27, 2017, 3:00 am

Samsung and Magellan to Deliver ELD-Compliance & Truck Navigation Solutions to the Fleet Trucking Industry

TAMPA, Fla., April 25, 2017 /PRNewswire/ -- Magellan®, a leader in GPS navigation solutions, announced today that it has partnered with Samsung Electronics America, Inc. to deliver commercial-grade truck navigation and Electronic Logging Device (ELD ...
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Posted: April 25, 2017, 6:45 am

Trucking industry skeptical but wary about Tesla semi plans

Long-haul trucks are going to be a tough nut for EVs to crack, but it’s never smart to bet against Tesla. That’s the one-sentence summary of the trucking industry’s reaction to Tesla’s recent announcement that it will unveil an electric semi-truck ...
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Posted: April 24, 2017, 4:57 am

Werner Enterprises could ponder merger as trucking industry continues to consolidate

OMAHA — Some trucking companies are deciding bigger is better when it comes to fighting moribund shipping demand, low freight rates and excess truck capacity. Now some industry analysts are looking to whether Omaha-based Werner Enterprises will join the ...
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Posted: April 21, 2017, 3:54 am

Automotive Industry - BingNews

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After 100 Days, Auto Industry Still Confused About Where Trump Is Heading

The automotive industry is one of the biggest sectors of the American economy, and one of the largest sources of jobs among all U.S. manufacturers. As such, it has remained high on the agenda for President Donald Trump — who has now met twice with ...
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Posted: April 29, 2017, 5:24 am

Global Automotive Immobilizers Industry Forecasted to Slide Upwards during 2017-2021 with Significant Growth Prospects

(EMAILWIRE.COM, April 29, 2017 ) According to a latest study, global automotive immobilizers industry is gaining immense popularity due to various safety factors such as the introduction of keyless entry systems and use of electromagnetic vehicular entry ...
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Posted: April 29, 2017, 12:11 am

IFR Report: US automotive industry installs a new record of ~17,500 industrial robots in 2016

April 28, 2017 – The US automotive industry has installed a new record of approximately 17,500 industrial robots in 2016. In the last seven years, the operational stock increased by about 52,000 units (2010-2016). These are preliminary results published ...
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Posted: April 28, 2017, 11:31 am

LED Drivers Expand Control of Automotive Lighting

The automotive industry makes extensive use of light-emitting diodes (LEDs) in high-beam headlights, brake and position lights, and side and rear direction lights. In an LED driver design, the brightness intensity of the various illuminating devices is not ...
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Posted: April 28, 2017, 9:44 am

Tech Companies More Attractive Than Automakers Amid Industry Disruption

From BlackRock: Richard Turnill spells out the implications of technological disruption in the automotive industry — a prime example of how disruption is challenging the traditional consumer sector. Technological disruption is sweeping across industries ...
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Posted: April 28, 2017, 4:53 am

Blockchain Technology Revolutionizing Automotive Industry

Blockchain was conceptualized by Satoshi Nakamoto. Blockchains are a new data structure in which data is replicated at every node on the network to create permanence and resilience. There are ~600+ digital currencies and ~70+ digital assets built on ...
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Posted: April 27, 2017, 4:10 pm

Death Of Australian Automotive Industry Has Been A Calculated Slow Burn

The end of an era is nearly upon us. Australia will no longer be home to automotive production after October of this year. It’s a sad time as we bid farewell to the local production that has given us some incredible cars, some even lucky enough to cross ...
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Posted: April 27, 2017, 3:13 pm