Storm Helene is moving eastward, with early reports indicating that Gulf of Mexico oil platforms are likely to avoid significant damage. Despite this, the storm is expected to strengthen rapidly.…
Energy Category
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Natural gas prices have entered a phase of sideways fluctuation after reaching the $2.690 mark. This consolidation aims to build the necessary positive momentum to continue the previously anticipated bullish…
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Oil prices experienced a notable increase on Tuesday, driven by China’s announcement of monetary stimulus and escalating concerns about Middle Eastern conflicts affecting regional supply. Additionally, a new hurricane threatened…
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Natural gas prices experienced a significant bullish rally yesterday, surpassing anticipated targets and closing at approximately $2.665. This movement indicates a strong bullish bias that remains dominant. With additional support…
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India’s crude oil production in August experienced a year-on-year decline of 3.4%, totaling 2.4 million metric tons, or approximately 17.6 million barrels. This reduction was mirrored in fuel production, which…
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Recent announcements regarding petrol and diesel prices have evoked mixed reactions among consumers in Indian. As of September 23, here are the revised rates in major cities: Mumbai: Petrol at…
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Natural gas prices have recently shown a bullish trend, currently fluctuating around $2.500. The 55-day moving average, positioned at $2.270, serves as a robust support level, while stochastic indicators suggest…
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Natural gas is a critical resource in the global energy landscape, providing a cleaner-burning alternative to coal and oil. With applications spanning residential, industrial, and power generation sectors, it plays…
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Diesel fuel is one of the most widely used fuels for heavy machinery, vehicles, and industrial processes. Unlike gasoline, diesel engines rely on compression rather than spark to ignite the…
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Water heaters are one of the essential home appliances that provide hot water for a variety of purposes, from bathing and cleaning to cooking and heating. These heaters can be…