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Global Natural Gas Prices Edge Lower as Ample Inventories Prevale Over Higher Demand, ANZ Bank Says
Global natural gas prices fell as inventories remain at comfortable levels despite higher-than-normal temperatures in the continent, boosting demand, ANZ Bank said in a Thursday note.However, the
Crude Oil Rises as U.S. Inventories Fell for Third Straight Week
U.S. Coal Shipments Down 8% in 2023 as Power Generation Share Continues to Decline, EIA Says
The amount of coal transported in the U.S. fell 8% in 2023 as coal's share of power generation continues to decline, the U.S. Energy Information Administration reported Tuesday.The amount of coal
Global Natural Gas Prices Rise as Impact of Hurricane Beryl on U.S. LNG Terminals Endures, ANZ Bank Says
Global natural gas prices saw gains amid supply risks from the aftermath of Hurricane Beryl in the U.S., ANZ Bank said in a Wednesday note.U.S. liquefied natural gas terminals continue to struggle
U.S.-Mexico Energy Trade Value Falls 15% in 2023 Due to Lower Prices, EIA Reports
The value of all energy trade between the U.S. and Mexico decreased almost 15% to $66.5 billion in 2023 as lower fuel prices more than offset the increase in the volume of energy trade between the
Global Natural Gas Prices Advance as Supply Disruptions Become Focus, ANZ Bank Says
Global natural gas prices were affected by a broader risk-off tone across the energy sector, but supply disruptions remain in focus, ANZ Bank said in a Tuesday note.After edging lower, the benchmark
GNRForever : When they see red, they will change their tune
iamiam : I was bearish just for relief, because in real life it's all bullish - it's a fight for certain oil and we are buying diesel like crazy, along with everyone else
sorry for the ramble finishing my post and barely keep my eyes open
its creating problems that will present themselves in the future.
Just today (because of the cost of diesel) we pushed up a bunch of projects and filed a bunch of breach of contracts because some people (and govt entities) are reluctant to pay the higher cost and think price will come down (a big part with govt is they are reluctant/stubborn to use different materials and want what they call for in their specifications but they all have the same specs so everyone is chasing the same manufacturers and materials *hello more govt caused inflation*)
Say you do order something and now they tell you we'll give you a price when we deliver it in 6-12 months and you can expect a higher price.
Anyways I'm tired and rambling,
but jpow-wow actually said today the FED can't control commodity, energy and food price inflation and that's why they dont track it. Let that sink in. This is going to end ugly but first it will be glorious. The FED cant land this, inflation wont be controlled until they crush demand but then they CRUSH DEMAND
SpyderCall OP iamiam : No that’s good stuff. I must have been distracted when he said he the fed doesnt track commodities for inflation. Thats pretty wild. Crushing demand seems to be the only thing they can at least try to do. Volker Era Incoming![undefined [undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36)
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SpyderCall OP iamiam : And its funny because the other day it looked like a lot of commodities and oil were going for a small leg down and then boom EU bans Russian Oil. Couldn’t have planned it better myself
solo invest : EU banning Russian oil. Yikes. I hope the EU can survive this. I’m sure they already have a plan in place.
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