Energy Prices (Daily Change)
| Up/Down | Price | Change | |
|---|---|---|---|
| Crude Oil | ↓ | 71.46 | -.55 |
| Heating Oil | ↑ | 2.8798 | +.0993 |
| RBOB Gasoline | ↓ | 2.0491 | -.0281 |
| Natural Gas | ↑ | 5.962 | +.239 |
All prices updated at end of day using CME settlements.
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“The Swiss-based commodities trading company, which is owned by 1,100 shareholders mainly made up of executives and traders at the privately held firm, reported that net profit soared to $7bn in the year ended September 30.”
+Trafigura’s shareholders and top traders to split $1.7 bn in payouts – FT
Macro Energy
+Gas prices fall below last year’s average – WSJ
+Xi Jinping hails ‘new era’ in China-Saudi relationship – FT
+ExxonMobil announces $50bn buyback despite political backlash – FT
Macro Economy
+US job market cools as unemployment aid edges higher – FT
+Bond market points to Fed standing firm in battle against inflation – FT
Energy Transition
+The five-year engineering feat Germany pulled off in months – WSJ
+US utilities to triple battery storage capacity by 2025 – EIA – Reuters
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