Crude Oil - BingNews

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MARKETS: Surging crude oil is good for the US economy and oil companies—until $120/bbl., says UBS

Yahoo Finance's Alexis Christoforous and Jared Blikre break down the latest market action.
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Posted: May 24, 2018, 8:00 am

Crude Oil Extends Slide As Russia Talks Of Easing OPEC Supply Curbs

Crude oil futures declined for a third day in New York after Russia's energy minister reiterated that OPEC and its partners will discuss phasing out supply curbs when they meet next month. West Texas Intermediate futures slipped 1.2%, extending their ...
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Posted: May 24, 2018, 5:41 am

USDCAD Tumbles Down Post Dovish Crude Oil Inventory Update

The USD/CAD pair is being whipped around by oil, broad USD moves and China sentiment but the next big swing will come from the Bank of Canada decision on May 30. The pair established a high of the day at 1.2917 in the American session and then retreated ...
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Posted: May 24, 2018, 4:59 am

Here’s what happens if the oil rally turns into an ‘oil shock’

The global oil benchmark flirted with the $80-a-barrel level again on Tuesday, underlining concerns that an unexpectedly strong crude rally could eventually begin to weigh on economic growth. The combination of renewed U.S. sanctions on Iran, potential ...
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Posted: May 24, 2018, 4:57 am

'Biggest' change in oil market history: Crude prices set to soar ahead of shipping revolution

New rules coming into force in approximately 18 months' time are seen as a source of great concern for some of the world's biggest oil producers. On January 1, 2020, the International Maritime Organization (IMO) will enforce new emissions standards ...
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Posted: May 23, 2018, 11:59 pm

Oil Mixed on Possible OPEC Production Increase, Higher Crude Stockpiles

Oil prices were mixed Wednesday as U.S. data showed big increases in crude and fuel stockpiles and as investors weighed whether the Organization of the Petroleum Exporting Countries could ramp up crude production. U.S. crude futures fell 36 cents, or 0.5% ...
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Posted: May 23, 2018, 4:37 pm

Crude Oil: Have We Topped?

Bullish sentiment for crude oil is hovering above 80% bulls the past couple weeks meaning there are four bulls for every 1 bear. Crude oil remains in an uptrend on all time-frames and above all of its key moving averages. The commodity continues to make ...
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Posted: May 23, 2018, 1:47 pm

Natural Gas - BingNews

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US natural gas storage increases 91 Bcf to 1.629 Tcf: EIA

US natural gas in storage increased by 91 Bcf to 1.629 Tcf for the week ended May 18, the US Energy Information Administration reported Thursday. The build was slightly less than an S&P Global Platts' survey of analysts, which called for a 93-Bcf addition.
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Posted: May 24, 2018, 8:48 am

Natural Gas Price Ticks Higher on Inventory Rise

The U.S. Energy Information Administration (EIA) reported Thursday morning that U.S. natural gas stocks increased by 91 billion cubic feet for the week ending May 18. Analysts were expecting a storage injection 92 billion cubic feet. The five-year average ...
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Posted: May 24, 2018, 8:05 am

Natural Gas Trading Zones: May 24-28

Risk Disclosure: Fusion Media will not accept any liability for loss or damage as a result of reliance on the information contained within this website including data, quotes, charts and buy/sell signals. Please be fully informed regarding the risks and ...
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Posted: May 24, 2018, 7:55 am

EIA reports a weekly rise of 91 billion cubic feet in U.S. natural-gas supplies

The U.S. Energy Information Administration reported Thursday that domestic supplies of natural gas rose by 91 billion cubic feet for the week ended May 18. Analysts surveyed by S&P Global Platts had forecast a climb of 93 billion cubic feet, which was ...
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Posted: May 24, 2018, 7:37 am

NYMEX June natural gas futures up 1.1 cent to $2.925/MMBtu ahead of storage data

NYMEX June natural gas futures edged higher overnight ahead of Thursday's open ahead of the release of the weekly storage data expected to show a slowdown in the pace of inventory rebuilding. At 6:55 am ET (1055 GMT) the contract was 1.1 cents higher at $2 ...
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Posted: May 24, 2018, 4:55 am

Global Aftermarket Natural Gas Generator Market 2016-2018 & 2024 - Demand Analysis & Opportunity Outlook - ResearchAndMarkets.com

The "Aftermarket Natural Gas Generator Market: Global Demand Analysis & Opportunity Outlook 2024" report has been added to ResearchAndMarkets.com's offering. Global aftermarket natural gas generator market reached USD 9,023.5 Million in 2016 by registering ...
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Posted: May 23, 2018, 11:36 pm

Natural Gas Rises as Warm Weather is Forecast to Cover the U.S.

Natural gas prices moved higher on Wednesday but closed off the highs of the session. Warmer than normal weather is expected to cover most of the United States for the next 8-14 days according to the National Oceanic Atmospheric Administration. Warmer than ...
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Posted: May 23, 2018, 5:31 pm

US Dollar - BingNews

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Equipment Monitoring Market Worth 4.47 Billion USD by 2023

According to the new research report on "Equipment Monitoring Market by Monitoring Type (Vibration, Thermal, Motor Current, Alarm, GPS), Monitoring Process (Online, Portable), Deployment Type (On-premise, Cloud), Industry (Oil & Gas, Power, Automotive ...
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Posted: May 24, 2018, 8:36 am

USD/CAD Rectangle Consolidation Above Ascending Trend Line

The USD/CAD has been consolidating within the rectangle range above M L3 pivot point. Consolidation is also between the W L3 and H3 above the ascending trend line, so I assume the price is still bullish. 1.2760-1.2787 is the POC zone and we might expect a ...
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Posted: May 24, 2018, 8:26 am

USD/JPY Breaks Below Uptrend Support On Trump's Call-off Of The Summit With Kim - levels

This article originally appeared on FXStreet.President Trump canceled the Summit planned with North Korean Leader Kim.The news triggered flows to the safe haven yen and lower levels are eyed on USD/JPY. US President Donald Trump canceled the June 12th ...
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Posted: May 24, 2018, 8:12 am

US Dollar Shies Away from Confluent Fibonacci Resistance

- The US Dollar stopped short of a big zone of resistance yesterday just ahead of the release of FOMC meeting minutes from the earlier-May rate decision. After the release of those meeting minutes, prices have been tilting-lower, and the US Dollar is ...
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Posted: May 24, 2018, 6:33 am

EUR/USD Had Exhaustive Sell Climax Yesterday

The EUR/USD daily Forex chart had a big bear bar yesterday. It was therefore another sell climax in a series of sell climaxes. Since the selloff is near support, it will transition into a trading range over the next month. The EUR/USD daily Forex chart has ...
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Posted: May 24, 2018, 6:15 am

Forex Today: US dollar sold-off into fresh US tariffs, eyes on UK retail sales, Carney

Risk-aversion remained the main underlying theme in Asia this Thursday after Trump brought in fresh tariffs on auto imports while North Korea threatened to call-off the June Summit. The US dollar extended post-FOMC minutes weakness across its main ...
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Posted: May 23, 2018, 10:27 pm

More than two dozen countries and territories use the US dollar as currency

The US dollar is used as official currency in several countries besides the United States. Ecuador and Zimbabwe both switched to the US dollar after financial crises made their local currencies worthless. Other countries, such as Panama, Cambodia, and the ...
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Posted: May 23, 2018, 6:34 am

S - BingNews

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U.S. Senate finance committee chairman blasts possible auto tariffs

WASHINGTON (Reuters) - The chairman of the U.S. Senate Finance Committee on Thursday criticized the Commerce Department’s decision to potentially levy tariffs on imports of automobiles, trucks and automotive parts, calling it “deeply misguided.”
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Posted: May 24, 2018, 8:43 am

Lebanon's Saad Hariri designated as next prime minister

Hariri's party lost sizeable chunk of its power in May 6 vote, but remains the biggest Sunni-led party with 20 seats. 24 May 2018 15:23 GMT Hariri has been asked to form a government for his third term as PM [File: Mohamed Azakir/Reuters] Lebanese ...
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Posted: May 24, 2018, 8:37 am

U.S. Stocks Fall, Dragged Down by Energy Sector

U.S. stocks fell Thursday, as declining oil prices pulled shares of energy companies sharply lower. Shares of Exxon Mobil and Chevron fell more than 1% each, dragging down the Dow Jones Industrial Average and the S&P 500 after oil prices showed signs of ...
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Posted: May 24, 2018, 8:30 am

Russia intel briefings for lawmakers, here’s what you need to know

The Justice Department is set to brief lawmakers on highly classified documents related to the Russia probe at the president’s request. Stephanie Ruhle breaks down who will be at the meetings and why.May.24.2018
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Posted: May 24, 2018, 8:30 am

Cougars' Joe Davis breaks UH's home run record in AAC tourney

Houston infielder Joe Davis (44) bats during the eighth inning of the 2017 NCAA Regional game at Darryl and Lori Schroeder Park Friday, June 2, 2017, in Houston. ( Yi-Chin Lee / Houston Chronicle ) Joe Davis broke the University of Houston career home run ...
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Posted: May 24, 2018, 8:29 am

Parents charged in infant's death

INDIANAPOLIS (WISH) - Two people have been charged in the death of their two-month-old child, Ruth Ringer, according to the Marion County Prosecutor's Office. William Moss and Janet Ringer are both facing a neglect of a dependent resulting in death charge.
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Posted: May 24, 2018, 8:10 am

Ankeny is the 4th fastest-growing city in the U.S., Census says

Ankeny is the 4th fastest-growing city in the U.S., Census says It's the third year in a row the Des Moines suburb has ranked high on the U.S. Census Bureau's list of the fastest-growing cities. Check out this story on desmoinesregister.com: https://dmreg ...
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Posted: May 24, 2018, 7:35 am

Interest Rates - BingNews

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EM Is Prepared for Small Increase in Interest Rates, Chadha Says

May.24 -- Binky Chadha, chief global strategist at Deutsche Bank, examines the state of emerging markets. He speaks with Bloomberg’s Jonathan Ferro on "Bloomberg Markets."
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Posted: May 24, 2018, 7:41 am

Turkey's ruling party vows measures to ease cost pressures caused by interest rates

ANKARA (Reuters) - The ruling AK Party of Turkish President Tayyip Erdogan pledged to take measures to ease the cost pressure caused by interest rates in its manifesto for next month’s elections, published on Thursday. The manifesto said the central bank ...
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Posted: May 24, 2018, 4:45 am

Fed on track to raise interest rates in June on belief economy remains in good shape

Federal Reserve officials believe the economic outlook warrants another interest rate hike "soon" but signaled they would allow inflation to go modestly above their 2% target — indicating they're in no rush to raise rates more aggressively. That was the ...
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Posted: May 23, 2018, 6:50 pm

Turkish Lira Recovers After Rise in Key Interest Rate

The Turkish lira, among the most vulnerable emerging-market currencies in the face of a rising U.S. dollar, plunged before recovering on Wednesday after the central bank answered concerns over spiraling inflation and its own independence from government ...
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Posted: May 23, 2018, 4:20 pm

You're Paying Attention To The Wrong Interest Rate

Years of low interest rates have manipulated the stock market higher and created an imbalance that is disproportionate relative to the general economy. When the market does get hit with another crisis or bear market, it's going to be more painful than ...
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Posted: May 23, 2018, 12:43 pm

Fed signals ‘accommodative’ approach to U.S. interest rates nearing an end

Fed officials aren’t going to be so “accommodative” with low interest rates in light of the U.S. economy strong performance. The Federal Reserve is moving closer to ending its “accommodative” strategy of helping the U.S. economy with low interest ...
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Posted: May 23, 2018, 11:38 am

Turkey Raises Interest Rates to Halt Slide Into Currency Crisis

(Bloomberg) -- Turkey’s central bank raised interest rates at an emergency meeting on Wednesday, bowing to pressure from financial markets after the government’s rejection of higher borrowing costs plunged the nation into a currency crisis. Load Error ...
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Posted: May 23, 2018, 10:32 am

Trucking Industry - BingNews

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Senators seek to address ELD issue through livestock trucking bill

“The Department of Transportation’s current regulations endanger livestock ... The impetus for the bill stems from concerns from the livestock industry about the mandated use of Electronic Logging Devices (ELDs) to track hours of service for truck ...
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Posted: May 24, 2018, 8:23 am

Trucking industry experiencing driver shortage: 'It's a big concern because this is how America moves'

According to American Trucking Associations, more than 70-percent of goods consumed in the U.S. are moved by trucks. In order to meet rising demand, the industry needs to hire almost 900,000 more drivers. Steve Yaggy owns Yaggy Trucking, and is a part of ...
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Posted: May 23, 2018, 5:43 pm

Advocates speak out as trucking industry presents side guard concerns to Halifax committee

HALIFAX—A Halifax man who lost a leg and nearly died after being hit by a truck while biking says he’ll be at city hall this week to “humanize” the side guard issue as lawyers for the trucking industry are set to argue against the bylaw. The ...
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Posted: May 23, 2018, 4:10 pm

Trucking industry in need of drivers

Below is the closed-captioning text associated with this video. Since this uses automated speech to text spelling and grammar may not be accurate. industry that's struggling right now.xxx trucker shortage-vo-1 trucker shortage-natvo-2 starting up truck ...
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Posted: May 23, 2018, 4:10 pm

Keep on trucking: The industry’s booming and that’s good for Paccar

Self-driving trucks may, or may not, be just around the bend. In the present, the human-driven industry is enjoying its best times in years. Tonnage hauled is at record levels, thanks to strong economic growth. As Americans buy more goods in the 10,000 ...
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Posted: May 22, 2018, 11:23 am

90,000 New Drivers Per Year for Next 10 Years Needed to Meet Trucking Demands

The American Trucking Associations estimates that America will need ... Eustice hopes to see that age regulation change. Meanwhile, the industry is trying to change what seems most unappealing about the job. "In order to get drivers in the door, in order ...
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Posted: May 21, 2018, 8:26 pm

The Trucking Industry, Regulatory Mishaps, And Self-Governance

Every day on the road we pass by them. Trucks, bearing the logos and cargo of companies in industries ranging from manufacturing to food, consumer goods to raw materials, each day traverse the seemingly endless thousands of miles of road in our nation to ...
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Posted: May 19, 2018, 12:30 pm

Automotive Industry - BingNews

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Automotive HMI Market: Latest Study On Segmentation Analysis, Leading Players and Industry Trends Forecast to 2025

(EMAILWIRE.COM, May 24, 2018 ) Automotive Human-Machine Interface (HMI) is a technology which helps the driver in the vehicle to have real-time communication with the vehicle system without distraction while driving the vehicle. This technology is evolving ...
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Posted: May 24, 2018, 8:38 am

Support industry creates driving force for automobile sector

HCM City (VNA) – Supporting industry development will create a driving force for Vietnam’s automobile industry, as heard a seminar held by the Vietnam Association of Supporting Industries (VASI) in Ho Chi Minh City on May 24. Pham Tuan Anh, deputy head ...
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Posted: May 24, 2018, 7:27 am

Analysts: Trump doesn't get the auto industry; tariffs hurt consumers

Auto industry analysts and advocates say American consumers will be hurt if President Donald Trump follows through on using "national security" concerns about declining manufacturing jobs to justify adding a major tax on imported trucks, cars and auto ...
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Posted: May 24, 2018, 7:07 am

Learn details of the automotive seat belt market expected to account for US$ 19,457.3 million by 2021

On the back of a thriving automotive industry, wherein passenger vehicles are high in demand, Asia Pacific is anticipated to remain the most lucrative region throughout the forecast period of the study. A number of manufacturers are also establishing their ...
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Posted: May 24, 2018, 6:25 am

Global automotive control panel sales industry analysis and forecast to 2025 made available by top research firm

Key companies profiled in this report are Continental, Johnson Controls, Magna, Faurecia, Lear Corporation, Bosch, Delphi Automotive, Hyundai Mobis, Toyota Boshoku, Calsonic Kansei, Valeo and others. Global Automotive Control Panel Sales Market report is ...
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Posted: May 24, 2018, 5:17 am

GM CEO Mary Barra: 'This is the most exciting time' for the auto industry

GM CEO Mary Barra tells Goldman Sachs CEO Lloyd Blankfein about her vision of the future of the auto industry, noting several key growth areas including car-sharing.
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Posted: May 23, 2018, 10:14 am

Auto Executives Need to Reinvent How They Sell Cars, Not Just Whether It's Online or In Person

Despite the auto industry’s long history of technological innovation, the car-buying experience has barely evolved since the first car dealership opened more than 100 years ago. Yet, the way people shop and what they expect from retailers is changing.
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Posted: May 23, 2018, 7:00 am