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19 March
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U.S. natural gas fell to a one-week low on better weather forecasts
U.S. natural gas futures fell 4%, hitting a one-week low Wednesday, driven by expectations of less-than-cold weather in November. The odds of the Freeport liquefied natural gas (LNG) plant in Texas not returning to full capacity this month are good.
10 November 2022
Chevron to enter a CO2 shipping project from Singapore to Australia
Japan's Mitsui OSK Lines Ltd. (MOL) and Chevron Corporation have signed an agreement to explore the possible ways of liquefied carbon dioxide’s transportation from Singapore to permanent storage sites offshore Australia.
10 November 2022
According to EIA, U.S. crude oil inventories sharply increased, exceeding expectations
As shown in data provided by the Energy Information Administration (EIA) in its weekly report, certain indicators exceeded the forecasts of experts.
10 November 2022
Bank of Japan policy change may lead to a revision of the country's credit rating
Kim Eng Tan, Japan's chief credit analyst, said the risks of a policy change or no policy change are quite high at the moment. S&P Global Ratings believes that the actions of the central bank may lead to a change in the sovereign credit rating.
10 November 2022
Apple and Amazon are accused of conspiring to keep iPhone and iPad prices high
Famous American companies Apple Inc and Amazon.com Inc were accused of conspiring in order to deliberately raise prices of new iPhone and iPad models. The basis for a formal complaint was deletion of almost all Apple product resellers from the Amazon e-commerce platform.
10 November 2022
Chicago Fed’s Evans believes it's time to slow pace of rate increases
According to Charles Evans, the outgoing leader of the Federal Reserve Bank of Chicago, it’s the right time for the Fed to slow its aggressive rate-hike pace. He notes that such actions will be necessary even if inflation continues to rise in the coming months.
10 November 2022
Dollar strengthened ahead of inflation data
On Wednesday, before the release of data on inflation in the US, which is scheduled for Thursday, the strengthening of the US currency was noted.
10 November 2022
Disney stocks lost all the gains accumulated since the start of the pandemic
On Wednesday, shares of Disney, the largest media conglomerate, fell 13% to $86.75, the lowest figure since March 2020. The event could be considered as the biggest one-day drop since Sept. 17, 2001.
10 November 2022
Foxconn, Apple's supplier, will inform about the perspectives of returning to production today
On Thursday, Foxconn is planning to update its fourth-quarter forecast because of the impact of COVID-19 restrictions this week at its main factory in Zhengzhou, China.
10 November 2022
Australia nears the point where rate hikes are over
A Reserve Bank of Australia (RBA) official confirmed this Thursday that the bank may soon stop raising interest rates. However, it was said the bank needs to see more evidence that demand has slowed.
10 November 2022
