Energies
Energies
European Stocks Close Higher
European stocks closed higher on Friday, trimming loses from the week with support from heavyweight banks and luxury brands. The Euro STOXX 50 rose 0.6% to 6,458 and the STOXX Europe 600 gained 0.5% to 653. Santander surged 2.7%, while BNP Paribas, Deutsche Bank, BBVA, and Nordea rose more than 1% to limit losses on […]
by Currency Hedger
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- 2 months ago
Energies
Crude Oil Prices Rise as Middle East Hostilities Persist
October WTI crude oil (CLV26) closed up +0.23 (+0.26%) on Friday, and October RBOB gasoline (RBV26) closed up +0.0377 (+1.25%). Crude oil and gasoline prices settled higher on Friday, with gasoline posting a 3.5-week high. Crude prices were supported on Friday by threats from President Trump to crush Iran’s economy, dampening any hopes of a […]
by Currency Hedger
- 0 Comments
- 2 months ago
Energies
Hot US Weather Forecasts Push Nat-Gas Prices Higher
September Nymex natural gas (NGU26) on Friday closed up +0.040 (+1.46%). Nat-gas prices settled higher on Friday as forecasts for hotter US weather could potentially boost nat-gas demand from electricity providers to power increased air conditioning use. The Commodity Weather Group said on Friday that forecasts shifted to hotter, with above-average temperatures across Texas, the […]
by Currency Hedger
- 0 Comments
- 2 months ago