Podcasts about crude oil

Wall St saw a pullback to open this week, with the losses once again lead by the recently struggling tech sector. The Dow Jones lost 1.2%, the S&P500 dropped 1% while the Nasdaq slipped 0.9%. Nvidia was a big factor weighing down the market, dropping 3% ahead of its Q3 results which are scheduled for Thursday morning Sydney time, as investors remain anxious about stretched evaluations. The results are expected to shape the trajectory of the entire sector for the next few weeks.In other overseas markets, Europe and Asia saw similar results to the US, with a sea of red across all the major indexes, including the European Stoxx600, Chinese CSI and Hong Kong's Hang Seng which all dropped over half a percent.Locally yesterday, the ASX technically did buck the global trend and close in the green, although it was only 1.9 points or 0.02% up. This result did however ensure that the ASX avoided what would have been its longest losing streak since June, had it closed down again. What to watch today:Today however, the ASX is expected to follow the slip we saw abroad overnight, with the SPI futures indicating a 0.6% drop at the open. Crude Oil is trading down 0.64% at 59 USD and 71 cents per barrelPrecious metals have also seen similar drops, with gold down 1% to 4042USD per ounce, and silver down 0.76% to 50USD per ounce. Iron ore is trading up 0.45% at 104.42USD per tonne. Trading ideas:Bell Potter has maintained its Buy rating on agricultural chemicals supplier Elders (ASX:ELD) with a 12-month price target of $9.45, after the company reported strong results and positive guidance for FY26. And Trading Central have identified a Bearish signal in Aussie Broadband Ltd (ASX:ABB), indicating that the price may fall from the close of $5.51 to the range of $4.80 to $4.95 over a period of 60 days, according to the standard principles of technical analysis. 

This week on Inside the Economy, we address the labor market, S&P 500 earnings growth, and the concept of “America First”. As we near year-end, how do announced U.S. layoffs stack up against historical trends and the elevated levels recorded in 2020? We'll explore several potential drivers behind the recent surge in U.S. layoffs, some of which may be surprising. The U.S. first-lien mortgage delinquency rate keeps declining, how close are we to hitting a historic low? With the S&P 500's 25-year average P/E ratio hitting 23.1, has the earnings growth been keeping pace? And when you hear the phrase “America First,” do you know what it truly means? Tune in to learn more. Key Takeaways: • 30-year mortgage rates at 6.22% • 10-year bond yield at 4.11% • Crude Oil at $59.66 a barrel

This week on Inside the Economy, we address the labor market, S&P 500 earnings growth, and the concept of “America First”. As we near year-end, how do announced U.S. layoffs stack up against historical trends and the elevated levels recorded in 2020?  We'll explore several potential drivers behind the recent surge in U.S. layoffs, some of which may be surprising. The U.S. first-lien mortgage delinquency rate keeps declining, how close are we to hitting a historic low? With the S&P 500's 25-year average P/E ratio hitting 23.1, has the earnings growth been keeping pace? And when you hear the phrase “America First,” do you know what it truly means? Tune in to learn more.   Key Takeaways: 30-year mortgage rates at 6.22% 10-year bond yield at 4.11% Crude Oil at $59.66 a barrel

Overnight in the US, Wall St saw a very similar trading day to yesterday's, with the Dow Jones advancing 0.7% to reset its record, while the Nasdaq slipped a further 0.3%, lead once again by reevaluations in the high flying AI sector. The S&P500 meanwhile edged 0.2% higher on the day.Across the pond Europe's strong momentum continued with another day of solid gains. The Stoxx 600 index closed up 0.71%, drive primarily by Germany's DAX and the French CAC, which added 1.22 and 1.04% respectively. The FTSE lagged behind, only edging up 0.1% higher.Asia saw a mixed session, as the Hang Seng and Nikkei added 0.85% and 0.43% respectively, while China's CSI index closed down 0.1%. Locally yesterday, the ASX saw its second straight day of the market opening higher, but ending the day in the red. The ASX 200 slipped 0.22%, despite 6 of the 11 key sectors in the green. Mineral Resources (ASX:MIN) was the biggest winner, with investors impressed by the announcement of a new deal with South Korea's POSCO to sell a 30% stake in its lithium operations for 765 million USD. On the losing end, popular tech stock Life360 (ASX:360) tumbled 13% after reporting lower than expected user growth numbers, and Commonwealth Bank (ASX:CBA) slipped a further 3% after yesterdays sell off as investors continue to weigh the disappointing results. What to watch today:Looking ahead to today, the SPI futures indicate that the ASX will open slightly higher, with a 0.12% gain. In precious metals, Gold and Silver continue to extend their recent rallies, with gold up a further 1.7% to just under $4200 USD per ounce, while silver is trading another 4.1% higher at 53 USD and 30 cents per ounce. Meanwhile, Crude Oil prices have plummeted nearly 4 and a half percent down to 58 USD and 40 cents per barrel, after a recent OPEC report suggested that global oil supply is expected to match demand in 2026, marking a shift from previous forecasts which had predicted a supply deficit. And Iron ore is trading up 0.6% to 104USD and 17 cents per tonne. Trading ideas:Bell Potter has maintained its buy rating on gaming machines supplier Aristocrat Leisure (ASX:ALL) and increased its 12-month price target to $80 per share, based on its forecasted NPAT and EBIT growth from ongoing R&D projects. And Trading Central have identified a bullish signal in Regis Resources (ASX:RRL), indicating that the price may rise from the close of $6.88 per share, to the range of $7.40 to $7.60 per share over a period of just 17 days, according to the standard principles of technical analysis. 

It wasn't pretty, but the Oilers managed to pull it out Monday night vs the Blue Jackets after a nightmare performance on Saturday vs the Avalanche.

In the US overnight, investors were buoyed by renewed optimism following news that 8 Democratic senators broke from party leadership and voted to end the Government shutdown, which has been running now since the 1st of October. Wall St responded with strong gains – the Dow Jones advanced 0.9%, the S&P 500 gained 1.6%, while the Nasdaq saw a 2.3% jump, lead by strong rallies across the tech megacap stocks. Europe and Asia saw similar trends to the US, with a sea of green across all the major markets. In Europe, the British, German and French indexes all advanced more than 1%, while in Asia the Chinese CSI, Japanese Nikkei and Hong Kong Hang Seng gained 0.35, 1.26 and 1.55% respectively. Locally yesterday, the ASX opened the week on a positive note, advancing 0.8% in its strongest day in a month. 9 out of the 11 key sectors closed in the green, lead by a strong rebound in Information Technology, which has been hit particularly hard in recent trading days. Notable stocks in the sector include Life360 (ASX:360) which advanced 3.6%, and WiseTech Global (ASX:WTC), which rebounded 6.2%. What to watch today:And looking ahead to today, yesterday's positive momentum is expected to continue, with the SPI futures indicating a further 0.5% jump for the ASX at the open. In commodities, the price of both Gold and Silver have surged as investors react to soft economic data coming out of the US and increased belief that a further rate cut will come from the Fed in December. Gold is up 2.8% to 4114 USD per ounce, while Silver is up 4.3% to 50.5USD per ounce.  Meanwhile, Crude Oil is trading up 0.7% at 60.1 USD per barrel, while Iron Ore is trading up 0.6% to 104 USD per tonne. Trading Ideas:Bell Potter has upgraded its rating on Western NSW based copper and gold miner Aeris Resources (ASX:AIS) from a hold to a buy, with a target price of $0.65 per share. This comes on a trio of big announcements which are catalysts for future growth: an $80m equity raise, discovery of a maiden ore reserve at one of its key sites, and the sale of some small scale copper assets. And trading central have identified a bullish signal on Regis Resources (ASX:RRL), indicating that the price may rise from the close of $6.70 per share, to the range of $7.40 to $7.60 per share over a period of 16 days, according to the standard principles of technical analysis. 

Between the Jays loss and the way the Oilers are playing, this isn't very fun.

Wall St rebounded overnight from yesterday's sell off with all three of the major indexes closing in the green. The Dow Jones added 0.48%, the S&P500 gained 0.6%, while the Nasdaq rebounded the most, up 0.9%. The AI sector which was hit particularly hard yesterday recovered a lot of ground lead by AMD, which posted strong third quarter earnings and beat guidance. European markets saw a similar rebound, with advances across the board. The pan-European Stoxx600 closed up 0.23%, the UK's FTSE gained 0.64%, the German DAX advanced 0.42% and the French CAC added 0.1%.Locally yesterday, the ASX closed down 0.1%, marking its 6 day of losses in the last 7 trading days. Materials were the main sector weighing down the market, with big names seeing losses across the board. Fortescue (ASX:FMG) and Rio Tinto (ASX:RIO) slipped 2.5% and 1.2% respectively, while in Gold Ramelius Resources (ASX:RMS) and Capricorn Metals (ASX:CMM) also saw declines of over 1%. Popular defence stock DroneShield (ASX:DRO) tumbled 7.5% yesterday on news that it had vested more than 40 million performance options to employees upon hitting key revenue targets. What to watch today:Looking ahead to today, following overseas trends the SPI futures indicate that the ASX will rebound from recent losses with a 0.75% jump at the open. In commodities, Crude Oil is trading down a further 1.5% at 59.65USD per barrel, Gold and Silver have both rebounded 1.3% and 1.9% respectively to 3983USD and 48USD per ounce, and Iron Ore is up 0.2% to 104.73USD per tonne. Trading Ideas:Bell Potter have maintained their Buy rating on integrated marketing communications provide IVE Group (ASX:IGL), and increased their 12 month target price to $3.25 after the company announced two new business acquisitions and a marketing services agreement, with the impact of which expected to hit over the next 12 months.And Trading Central have identified a bullish signal in Woodside Energy Group (ASX:WDS), indicating that the price may rise from the close of $25.16 to the range of $27.10 to $27.50 over a period of 35 days, according to the standard principles of technical analysis. 

In the US, Wall St kicked off November with a mixed session overnight. The Dow Jones closed down 0.48%, the S&P advanced a little over 0.1%, while the tech heavy Nasdaq added 0.46%, spurred on by gains in the AI sector. The biggest news was the announcement of a major $38 billion deal between OpenAI and Amazon, which lead to Amazon shares jumping a further 4%. Europe too saw a mixed session – the Stoxx600 closed nearly flat as declines of 0.16% in the UK's FTSE and 0.14% in the French CAC offset a 0.73% jump in Germany's DAX. Meanwhile, Asian markets closed green across the board, lead by gains of 0.97%, 0.27%, and 2.12% in Hong Kong's Hang Seng, China's CSI and Japan's Nikkei. Locally yesterday, despite opening down and falling as low as 0.4%, the ASX200 closed out the day up 0.15%, driven primarily by gains across the banks. Westpac (ASX:WBC) saw the biggest gain, adding 2.8%, while CommBank (ASX:CBA), NAB (ASX:NAB), and ANZ (ASX:ANZ) all advanced 2.3%, 0.9% and 0.9% respectively. On the losing end, healthcare continued its run of poor performance, with major names ResMed (ASX:RMD) dropping 4.3%, and CSL (ASX:CSL) continuing its freefall with another 1.7% drop. What to watch today:Looking ahead to today, the SPI futures are predicting the ASX will open down for a second straight day, indicating a 0.1% drop at the open. In commodities, Gold, Crude Oil and Iron ore are all trading flat today with no changes in their prices. Gold remains at $4003 USD per ounce, Crude Oil at 61 USD per barrel, and Iron Ore at 105 USD per tonne. Trading ideas:Bell Potter has maintained its current Buy rating on defence name DroneShield (ASX:DRO) with its current 12 month price target at $5.30 per share, after they announced a new $25.3 million contract in Latin America with delivery and payment through the next 2 quarters. And Trading Central have identified a bullish signal in Woodside Energy Group (ASX:WDS), indicating that the price may rise from the close of $25.12 to the range of $27 - $27.40 over a period of 33 days, according to the standard principles of technical analysis. 

This week on Inside the Economy, we address the housing market, the AI investment frenzy, and economic growth in the U.S. Home prices have become increasingly unaffordable, and potential upcoming rate cuts are unlikely to solve the issue. Denver's housing market remains flat, with some rising prices - where do prices appear to be increasing the most? Has the housing market reached a breaking point? The private sector continues to face a tighter labor market, largely due to increased productivity. Has it started to come apart, or is there simply more turnover in the labor force? Meanwhile, S&P 500 company earnings have been strong, driven mainly by gains in productivity. How do small business earnings compare? Tune in to learn more. Key Takeaways: • Core CPI Inflation at 3.0% (YOY) • 10-year bond yield at 4.01% • Crude Oil at $61.84 a barrel

This week on Inside the Economy, we address the housing market, the AI investment frenzy, and economic growth in the U.S. Home prices have become increasingly unaffordable, and potential upcoming rate cuts are unlikely to solve the issue. Denver's housing market remains flat, with some rising prices - where do prices appear to be increasing the most? Has the housing market reached a breaking point? The private sector continues to face a tighter labor market, largely due to increased productivity. Has it started to come apart, or is there simply more turnover in the labor force? Meanwhile, S&P 500 company earnings have been strong, driven mainly by gains in productivity. How do small business earnings compare? Tune in to learn more.   Key Takeaways: Core CPI Inflation at 3.0% (YOY) 10-year bond yield at 4.01% Crude Oil at $61.84 a barrel

After a brutal weekend, the Oilers got back in the win column with a respectable 60 minute effort.

US stocks saw a record-breaking session overnight, with all 3 major indexes closing at new all times highs off the back of cooling US-China tensions and optimism over a trade deal later this week. The S&P 500 advanced 1.23%, the Nasdaq rallied 1.86% - largely bolstered by strong gains for Nvidia and other chip stocks – while the Dow Jones jumped 0.71%.Similarly, Asian markets saw a large jump, lead by a 1.19% jump for China's CSI index, and a 2.46% jump for Japan's Nikkei. Europe also saw gains but to a lesser extent – the Stoxx600 advanced 0.22%, Germany's DAX advanced 0.28%, the French CAC saw a 0.16% jump, while the FTSE closed 0.09% higher.Locally yesterday the ASX200 advanced 0.41% - despite 8 of the 11 key sectors in the green, it was slightly weighed down by a 0.63% drop in the healthcare index. It was a tough session too for Rare Earths Miners off the back of optimism that the US and China will come to an agreement to resume normalised Rare Earths trade, cooling off some of the building steam in the sector. Iluka Resources (ASX:ILU) saw a 6.87% drop, while Arafura Rare Earths (ASX:ARU) dropped nearly 10%.What to watch today:In commodities, Gold has continued its recent retreat, down another 3.18% to 3981 US dollars per ounce, meaning it is now down nearly 9% over the last week. Crude Oil is trading flat at 61.5 US dollars per barrel, while Iron Ore is up 0.15% to 105 US dollars and 57 cents per tonne. Despite the strong gains in the US overnight, the ASX200 is actually expected to fall at the open this morning, with the SPI futures indicating a 0.43% drop.Trading ideas:Bell Potter has maintained its buy rating on Bega Cheese (ASX:BGA) with a 12 month target price of $7 per share. At the current closing price of $5.34 per share, that implies a 24% share price growth over the next year based on current earnings estimates and guidance.And Trading Central have identified a Bullish signal in Karoon Energy (ASX:KAR), indicating the share price may rise from the close of $1.63 per share, to the range of $2.10 to $2.25 per share over a period of 41 days according to the standard principles of technical analysis.

China and India have fallen in behind Donald Trump’s tough new sanctions on Russian oil, dramatically curtailing their orders for crude oil. That’ll force up prices. Also in today’s headlines: Energy Minister Chris Bowen summons the ghost of Margaret Thatcher to persuade conservatives on net zero. See omnystudio.com/listener for privacy information.

That was hideous...but they somehow pulled it out to win two straight. I'm not even sure we've seen the Oilers D game yet, and they're 4-3-1. Good sign.

Kevin Green drops by Morning Movers with his thoughts on Tesla (TSLA) earnings. Street analysts are mixed with Canaccord cutting its price target, but Roth Capital and Deutsche Bank among those to increase theirs. Meanwhile, KG says IBM's report was a "buy the rumor, sell the news" event. Then, he and Diane King hall turn their attention to the spike in crude oil prices after U.S. imposed sanctions on Russian oil companies. For the overall S&P 500 (SPX), KG's watching $6760 to the upside and $6640 to the downside as potential ranges for Thursday's trading.======== Schwab Network ========Empowering every investor and trader, every market day.Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribeDownload the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watchWatch on Vizio - https://www.vizio.com/en/watchfreeplus-exploreWatch on DistroTV - https://www.distro.tv/live/schwab-network/Follow us on X – / schwabnetwork Follow us on Facebook – / schwabnetwork Follow us on LinkedIn - / schwab-network About Schwab Network - https://schwabnetwork.com/about

Kia ora,Welcome to Friday's Economy Watch where we follow the economic events and trends that affect Aotearoa/New Zealand.I'm David Chaston and this is the international edition from Interest.co.nz.And today we lead with news of a sudden jump in international crude oil prices as the US sanctioned the main Russian oil companies.In the US, existing home sales in September rose to just over a 4 mln annual pace, slightly more than in August and +3.3% better than year-ago levels. But it was to levels less than markets expected (4.1 mln pace). The weakest regions were the South and the Midwest. But both coasts got good increases, especially in California.Because the Chicago Fed's National Activity Index collates a range of data that includes from US Federal government sources, and those are shutdown, the NAI is not published this month.However the October Kansas City Fed factory survey reported a strong rise in activity. But new export orders fell, and the average workweek shrank which was unexpected. Apparently some facilities are "doing more production with less people". There is a general worry about where new orders will come from.In Canada, they said their September retail activity retreated in the month and only held up by car-buying activity. Canadians aren't travelling either, and in an unusual twist the tourism flow into Canada from the US is now greater than the other way. But their factory activity rose by a good amount in the month.We should probably note that China is putting the final touches to its latest Five-Year Plan. These have been the catalyst for the country's economic rise, despite their dismissal in the West. Their state planning has brought them up to be the alternate world superpower. And China and the US will be meeting in Malaysia in a few days to see if they can iron out some knotty disagreements and pave the way for a Xi-Trump summit. It will likely happen because the Americans seem on the back-foot now, but startlingly blind to their growing weakness. And TACO.Singapore reported September inflation of just +0.7% from a year ago, a pick-up from August's four year low.Taiwan said its retail sales fell -2.2% in September from a year ago, reversing August's rise. They said public uncertainty levels are high and spending plans are conservative. But the same view isn't shared in their factory sector where industrial production was up +15% from a year ago, consistent to order information we reported yesterday and which is likely to drive output even higher in coming months.The EU reported its September consumer sentiment survey results and this was little-changed, remaining quite negative although a bit less so than in prior months. In fact, it is now its least-negative since February.Container freight rates rose +3% last week, largely on the China-to-EU trade. Overall they are now -45% lower than year-ago levels. Bulk cargo rates rose +8.5% over the past week and are now +40% higher than year-ago levels.The UST 10yr yield is now at 3.99% and up +4 bps from this time yesterday.The price of gold will start today back up sharply at US$4129/oz, a gain of US$81 from yesterday, a +2.0% firming. Silver has risen less, now at US$49/oz.American oil prices are +US$3.50 higher at just under US$62/bbl, with the international Brent price now just on US$66/bbl.The Kiwi dollar is at just on 57.5 USc, and again little-changed from yesterday. Against the Aussie we are down -20 bps at 88.3 AUc. Against the euro we are also unchanged at 49.5 euro cents. That all means our TWI-5 starts today at just under 62.1 and essentially unchanged.The bitcoin price starts today at US$110,047 and up +1.5% from this time yesterday. Volatility over the past 24 hours has been modest at just over +/- 1.6%. (Trump has pardoned a major crypto fraudster.)You can get more news affecting the economy in New Zealand from interest.co.nz.Kia ora. I'm David Chaston. And we will do this again on Monday.

The Oilers are now on a 3 game losing streak heading into the final game of this road trip (kind of) on Tuesday in Ottawa.

The Oilers are 2-0-1. Given how the last 3 October's have gone, I'll gladly take it!

This episode covers the return of flows of Iraqi medium sour Kirkuk crude after two-and-half-years How the Kirkuk grade traded before its halt in March 2023 and why it's been absent Now the grade is back online, how much is available and how will it trade with the marketing rights belonging to Iraq's Somo, including the return of the spot market and how that works   Will Kirkuk create a place for itself in the Mediterranean crude slate again?   Kuganiga Kuganeswaran, Deputy Editor, Crude Oil Lina Bulyk, Associate Editor, Crude Oil    

From Wall Street to Main Street, the latest on the markets and what it means for your money. Updated regularly on weekdays, featuring CNBC expert analysis and sound from top business newsmakers. Anchored and reported by CNBC's Jessica Ettinger. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

Kia ora,Welcome to Monday's Economy Watch where we follow the economic events and trends that affect Aotearoa/New Zealand.I'm David Chaston and this is the international edition from Interest.co.nz.And today we lead with news markets will be on edge this week after a sharp -2.7% retreat on Wall Street on Friday and the largest one-day drop since early April. Bonds twisted into defensive mode. Commodities fell, especially oil. Bitcoin retreated sharply. And the USD shifted into its traditional risk-averse mode but not by as much as you might have expected. Many traders seem to want to shift away from the traditional US-is-safe investment thinking. Not helping is that the US has started supporting the Argentine peso to prop up its Trump-friendly president.Although this coming week is the start of the US Q3 earnings season reports, the jolt at the end of last week might make these usually-important signals somewhat less relevant.Normally we would get US inflation data this coming week but it will undoubtedly not come. So we will have to rely on other US data, mainly from the Fed, but also trade sources.Developments in Japan's political transition will be important this coming week. And the IMF will release its World Economic Outlook update.China will release CPI and other September banking data this week. India will also released inflation data. For us, it will be the September REINZ results sometime this week. And Australia will release details about its September labour market.Over the weekend in Canada, they reported a surprisingly strong jobs report there for September with a gain of more than +60,000 jobs in the month, embellished because full-time job gains exceeded +106,000. This is far better than the overall +5000 gain expected. Of course, we didn't get an American jobs report for September because of the shutdown that affects their statistics system, but if the ADP Employment Report is any guide, Canada likely grew its workforce more than the US, which is a rare occurrence given that the US workforce is more than eight times larger than Canada's.On Saturday (NZT) in a bewildering social media post, Trump threatened to hike tariffs on Chinese exports - again - and cancel a meeting with Chinese President Xi in South Korea later this month. The broadside sent markets into the sharp retreat. He was reacting to the Chinese expanding its rare-earth export controls. He said "no way that China should be allowed to hold the world ‘captive'", blind to what he is trying to do with his own unilateral tariffs.Just when market optimists thought that the US and China had a chance of making up, Trump has exposed his weakness - his lack of self-awareness and childish inability to understand the double standards he seeks.Markets have reacted badly to the tiff, seeing it as a flare-up in trade wars that will hurt the global economy. Equities fell sharply, bond yields went into risk-aversion mode, and the USD became less competitive. Commodity prices fell.The US Federal Government September deficit result due out over the weekend has been delayed, another data victim of their shutdown. It might be a while - mass firings of federal workers has begun.In Japan, the elevation of "Iron Lady" Sanae Takaichi to lead the LDP seems to have stumbled at the first hurdle. The LDP's main coalition partner has refused to work with her. Japanese politics could be extending its revolving door government style.In Australia, business is in a hesitant spot too. Data out on Friday for August showed monthly business turnover fell -2.2% (seasonally adjusted) and this fall was the largest since April 2023 with drops across nine industries. Manufacturing was down -5.8%, tech was down -3.7%, and mining was down -1.9%.The UST 10yr yield is now at 4.05% and unchanged from Saturday but down -9 bps for the week.The price of gold will start today at US$4016/oz, up +US$28 from Saturday and up +US$128 from a week ago. Silver is now just on US$50/oz, a weekly gain of +US$2.American oil prices are holding lower at just on US$59/bbl and a five month low, down -US$2 from a week ago, with the international Brent price now just under US$63.The Kiwi dollar is at just over 57.2 USc, unchanged from Saturday and down -110 bps from a week ago. Against the Aussie we are up +10 bps at 88.3 AUc. Against the euro we are little-changed at 49.3 euro cents. That all means our TWI-5 starts today at just over 61.8, unchanged from Saturday but down -80 bps for the week. Also, see this.The bitcoin price starts today at US$114,215 and down -3.0% from this time Saturday. Volatility over the past 24 hours has been moderate at just under +/- 2.1%.You can get more news affecting the economy in New Zealand from interest.co.nz.Kia ora. I'm David Chaston. And we will do this again tomorrow.

This week, Prime Minister Mark Carney raised the prospect of reviving the Keystone XL pipeline with Donald Trump, while Alberta Premier Danielle Smith and BC Premier David Eby sparred over her proposal to build a new bitumen oil pipeline through B.C. to its northern coastline. We speak with a First Nations chief, a small town mayor on BC's coast, and a retired pipeline executive in Calgary.

Nitin Kumar and Carley Garner break down Occidental Petroleum (OXY) selling OxyChem to Berkshire Hathaway. Nitin thinks this frees up OXY's balance sheet and will allow them to start stock buybacks like their peers. Carley calls it “opportune timing,” since crude oil tends to peak in October. She considers crude's path a slow motion train wreck this year and has her eyes on “50 and below.”======== Schwab Network ========Empowering every investor and trader, every market day.Options involve risks and are not suitable for all investors. Before trading, read the Options Disclosure Document. http://bit.ly/2v9tH6DSubscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribeDownload the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watchWatch on Vizio - https://www.vizio.com/en/watchfreeplus-exploreWatch on DistroTV - https://www.distro.tv/live/schwab-network/Follow us on X – https://twitter.com/schwabnetworkFollow us on Facebook – https://www.facebook.com/schwabnetworkFollow us on LinkedIn - https://www.linkedin.com/company/schwab-network/About Schwab Network - https://schwabnetwork.com/about

Recorded at the Canadian Crude Oil Conference in the wonderful Lake Louise in Canada on 17th September 2025, Randy Ollenberger of BMO Capital Markets, dives into global oil fundamentals, Canadian crude production in a changing world and what that means for oil and gas equities. Sanctions, tariffs, pipeline expansions and Canadian politicians (reacting to a very different relationship with the US meant) has led to profound changes and opportunities in this once quiet sector. Our sincere thanks to the Board of the CCOC (www.ccoconline.com) for the invitation.To view BMO Financial Disclosures visit: https://research.bmo.com/public/disclosure_statements

BUSINESS: BSP warns inflation could surpass target if crude oil prices rise | Sept. 23, 2025Subscribe to The Manila Times Channel - https://tmt.ph/YTSubscribe Visit our website at https://www.manilatimes.net Follow us: Facebook - https://tmt.ph/facebook Instagram - https://tmt.ph/instagram Twitter - https://tmt.ph/twitter DailyMotion - https://tmt.ph/dailymotion Subscribe to our Digital Edition - https://tmt.ph/digital Check out our Podcasts: Spotify - https://tmt.ph/spotify Apple Podcasts - https://tmt.ph/applepodcasts Amazon Music - https://tmt.ph/amazonmusic Deezer: https://tmt.ph/deezer Stitcher: https://tmt.ph/stitcherTune In: https://tmt.ph/tunein #TheManilaTimes#KeepUpWithTheTimes Hosted on Acast. See acast.com/privacy for more information.

This episode delves into the latest trends and key actions in various futures markets, focusing particularly on the impact of recent Fed decisions. Mark Longo alongside guest Carley Garner (DeCarley Trading), cover volatility in gold, silver, WTI crude oil, and livestock markets. They analyze significant moves, trade volumes, and option activities in these sectors, and provide insights into potential trading strategies. They also touch on the unusual behavior of gold and the introduction of Friday options in cattle, noting the implications for market dynamics.   01:04 Welcome to This Week in Futures Options 05:42 Movers and Shakers Report 14:00 Market Analysis: Metals and Commodities 28:23 Active Trading in Gold Options 29:25 The High Stakes of Gold's $4,000 Options 31:12 Silver's Surprising Performance 36:17 Exploring Energy Markets: Crude Oil Insights 44:18 Diving into Agricultural Options 51:39 Concluding Thoughts  

This episode delves into the latest trends and key actions in various futures markets, focusing particularly on the impact of recent Fed decisions. Mark Longo alongside guest Carley Garner (DeCarley Trading), cover volatility in gold, silver, WTI crude oil, and livestock markets. They analyze significant moves, trade volumes, and option activities in these sectors, and provide insights into potential trading strategies. They also touch on the unusual behavior of gold and the introduction of Friday options in cattle, noting the implications for market dynamics.   01:04 Welcome to This Week in Futures Options 05:42 Movers and Shakers Report 14:00 Market Analysis: Metals and Commodities 28:23 Active Trading in Gold Options 29:25 The High Stakes of Gold's $4,000 Options 31:12 Silver's Surprising Performance 36:17 Exploring Energy Markets: Crude Oil Insights 44:18 Diving into Agricultural Options 51:39 Concluding Thoughts  

Dan Deming covers commodities. He thinks crude could fall back into the 50s if it breaks support here despite its gains today. He says “pressures in the market favor” gold, and he doesn't expect them to “leave anytime soon.” He also looks at bitcoin, arguing that its price cycles are growing longer, explaining the stall here.======== Schwab Network ========Empowering every investor and trader, every market day. Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribeDownload the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watchWatch on Vizio - https://www.vizio.com/en/watchfreeplus-exploreWatch on DistroTV - https://www.distro.tv/live/schwab-network/Follow us on X – https://twitter.com/schwabnetworkFollow us on Facebook – https://www.facebook.com/schwabnetworkFollow us on LinkedIn - https://www.linkedin.com/company/schwab-network/ About Schwab Network - https://schwabnetwork.com/about

A dangerous new alliance could push the United States out of power. Are Russia, China, and others planning a future where America is no longer in charge?✅ I can be your speaking partner https://brentspeak.as.me/ Use Code SUMMER10 for 10% off your conversationEurasian – about both Europe and Asia. : The leaders talked about Eurasian trade between Europe and Asia.Stable – steady, not changing quickly. : China wants a stable friendship with India and Russia.Upend – to turn over or change completely. : The summit could upend the old system led by the West.Elaborate – detailed or fancy. : Xi gave an elaborate plan for new projects.Might – strength or power. : The summit showed the might of these big countries.Intentions – plans or goals. : Modi's intentions were to grow trust and trade.Disarray – confusion or disorder. : Some experts said the group might fall into disarray.Military Bloc – a group of countries joined for defense. : The SCO is not just a military bloc, but also for trade.Count On – to depend on. : Russia can count on China's support.Be At Odds – to disagree. : India and China have been at odds about their border.Clash – to fight or argue strongly. : The leaders did not want to clash during the meeting.Beats Up On – to hit again and again (real or in words). : Modi's message beats up on the need for trust.Reached Out – tried to connect or talk. : Putin reached out to India for closer ties.Embraced – accepted gladly. : The leaders embraced the idea of more energy trade.Crude Oil – oil in its natural form. : They spoke about selling crude oil to each other.Hypocritical – saying one thing but doing another.Some people said it was hypocritical for leaders to talk about peace while selling more weapons.Levying – charging a tax or fee. : The group warned against levying high trade taxes.Manifesting – showing clearly. : Smiles were manifesting friendship at the summit.Roll Out The Red Carpet – give a very special welcome. : China rolled out the red carpet for Putin's visit.Sacrifices – things given up for something else. : India may make sacrifices to keep peace in the region.Comparison – looking at how things are alike or different. : In comparison to Western meetings, this one felt different.Underdog – the weaker side. : Smaller countries in the group feel like underdogs.

Dan Deming looks at commodities as the market continues to make new highs. He's watching $61.50 for crude oil and discusses how the trend could change if prices hit that level. He foresees headwinds for crude through the end of 2026 and thinks it could break below $60 by year-end. With central banks continuing to buy gold, he thinks there is a “put in place” underneath the metals market.======== Schwab Network ========Empowering every investor and trader, every market day. Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribeDownload the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watchWatch on Vizio - https://www.vizio.com/en/watchfreeplus-exploreWatch on DistroTV - https://www.distro.tv/live/schwab-network/Follow us on X – https://twitter.com/schwabnetworkFollow us on Facebook – https://www.facebook.com/schwabnetworkFollow us on LinkedIn - https://www.linkedin.com/company/schwab-network/ About Schwab Network - https://schwabnetwork.com/about

Dan Deming looks at the commodities market as equities extend Tuesday losses. He examines gold and crude oil, the latter of which had a “bigger draw than anticipated,” concerning the energy market. He thinks crude can continue to move to “new lows” unless there is a “significant shift in economy activity.” He also breaks down what's happening in the CBOE Market Volatility Index (VIX).======== Schwab Network ========Empowering every investor and trader, every market day. Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribeDownload the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watchWatch on Vizio - https://www.vizio.com/en/watchfreeplus-exploreWatch on DistroTV - https://www.distro.tv/live/schwab-network/Follow us on X – https://twitter.com/schwabnetworkFollow us on Facebook – https://www.facebook.com/schwabnetworkFollow us on LinkedIn - https://www.linkedin.com/company/schwab-network/ About Schwab Network - https://schwabnetwork.com/about

In this episode, Mark Longo and Dan 'The Man' Gramza from Gramza Capital Management, examine the surge in futures options trading, discuss inflation impacts, and explore the latest in small-cap and equity index movements. Energy commodities, particularly Nat Gas and WTI, also receive a thorough analysis, including fundamental supply and demand factors as well as geo-political influences. Crypto markets, especially the dramatic resurgence of Ethereum, are reviewed alongside its compelling volume activities in both big and micro contracts. The episode concludes with a light-hearted debate on the best Rocky movie, tying in audience insights.    01:21 Welcome to This Week in Futures Options 04:22 Movers and Shakers Report 11:27 Exploring Equity Markets 27:17 Crypto Market Insights 31:13 Technical Analysis: Market Movements and Predictions 36:32 Interest Rates and Currency Trends 37:14 Energy Market Deep Dive: Nat Gas and Crude Oil 50:48 Futures Options Wrap-Up and Fun Poll  

In this episode, Mark Longo and Dan 'The Man' Gramza from Gramza Capital Management, examine the surge in futures options trading, discuss inflation impacts, and explore the latest in small-cap and equity index movements. Energy commodities, particularly Nat Gas and WTI, also receive a thorough analysis, including fundamental supply and demand factors as well as geo-political influences. Crypto markets, especially the dramatic resurgence of Ethereum, are reviewed alongside its compelling volume activities in both big and micro contracts. The episode concludes with a light-hearted debate on the best Rocky movie, tying in audience insights.    01:21 Welcome to This Week in Futures Options 04:22 Movers and Shakers Report 11:27 Exploring Equity Markets 27:17 Crypto Market Insights 31:13 Technical Analysis: Market Movements and Predictions 36:32 Interest Rates and Currency Trends 37:14 Energy Market Deep Dive: Nat Gas and Crude Oil 50:48 Futures Options Wrap-Up and Fun Poll  

Rob Thummel and Ellen Wald cover the energy space. Ellen focuses on OPEC's latest moves and how oil demand levels are being weighted around the world. Rob looks at the evolution of the energy sector, expecting natural gas demand to grow and calling electricity “the new oil.” Ellen doesn't expect any peace deal to come out of the upcoming U.S./Russia meeting and talks potential fallout, including sanctions, which could put upward pressure on crude prices.======== Schwab Network ========Empowering every investor and trader, every market day. Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribeDownload the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watchWatch on Vizio - https://www.vizio.com/en/watchfreeplus-exploreWatch on DistroTV - https://www.distro.tv/live/schwab-network/Follow us on X – https://twitter.com/schwabnetworkFollow us on Facebook – https://www.facebook.com/schwabnetworkFollow us on LinkedIn - https://www.linkedin.com/company/schwab-network/ About Schwab Network - https://schwabnetwork.com/about

Robert Yawger says crude oil has a lot of things against it right now, including the end of summer driving season and OPEC+ adding to its output. “It's going to be very difficult for this to rally.” He also notes that the U.S. is having trouble exporting oil because of its higher prices, further boosting U.S. supply. He discusses his scenarios for $70/barrel and $60/barrel.======== Schwab Network ========Empowering every investor and trader, every market day. Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribeDownload the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watchWatch on Vizio - https://www.vizio.com/en/watchfreeplus-exploreWatch on DistroTV - https://www.distro.tv/live/schwab-network/Follow us on X – https://twitter.com/schwabnetworkFollow us on Facebook – https://www.facebook.com/schwabnetworkFollow us on LinkedIn - https://www.linkedin.com/company/schwab-network/ About Schwab Network - https://schwabnetwork.com/about

Scott Bauer believes the markets could grind higher as yields fall lower. In the energy markets, Scott examines OPEC+ headlines that have the group looking to ramp up production. He weighs in on the possibility of India facing higher tariffs or sanctions due to importing Russian oil. Then, Scott looks at the fragility of the U.S. Dollar (/DX) in the wake of the latest labor market data.======== Schwab Network ========Empowering every investor and trader, every market day.Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribeDownload the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watchWatch on Vizio - https://www.vizio.com/en/watchfreeplus-exploreWatch on DistroTV - https://www.distro.tv/live/schwab-network/Follow us on X – https://twitter.com/schwabnetworkFollow us on Facebook – https://www.facebook.com/schwabnetworkFollow us on LinkedIn - https://www.linkedin.com/company/schwab-network/About Schwab Network - https://schwabnetwork.com/about

The latest in business, financial, and market news and how it impacts your money, reported by CNBC's Peter Schacknow

In the wake of Chevron (CVX) and Exxon Mobil (XOM) earnings, Carley Garner provides her perspective on the energy market. She says technological improvements are helping oil exploration companies extract more product despite rig counts falling. She wouldn't be surprised to see gas fall between $40-$50 by the end of the year. Anecdotally, she points to lower foot traffic in her hometown of Las Vegas as a potential red flag for travel demand — and the fuel needed to travel. Later, Tom White provides example trade strategies for XOM and CVX.======== Schwab Network ========Empowering every investor and trader, every market day.Options involve risks and are not suitable for all investors. Before trading, read the Options Disclosure Document. http://bit.ly/2v9tH6DSubscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribeDownload the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watchWatch on Vizio - https://www.vizio.com/en/watchfreeplus-exploreWatch on DistroTV - https://www.distro.tv/live/schwab-network/Follow us on X – https://twitter.com/schwabnetworkFollow us on Facebook – https://www.facebook.com/schwabnetworkFollow us on LinkedIn - https://www.linkedin.com/company/schwab-network/About Schwab Network - https://schwabnetwork.com/about

Scott Bauer does not expect a rate cut this week but is still listening to Fed commentary. He looks ahead to the July jobs report, saying a miss could lead to a rate reduction in September, but warns the Fed is watching plenty of other economic indicators. For example, Thursday's PCE report could “come in hot” and push the 10-year higher, hitting equities. Looking to the dollar, he thinks the rally off lows could hold, especially with trading deals being announced. He still wants to sell rallies for crude oil and buy the dip on gold.======== Schwab Network ========Empowering every investor and trader, every market day. Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribeDownload the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watchWatch on Vizio - https://www.vizio.com/en/watchfreeplus-exploreWatch on DistroTV - https://www.distro.tv/live/schwab-network/Follow us on X – https://twitter.com/schwabnetworkFollow us on Facebook – https://www.facebook.com/schwabnetworkFollow us on LinkedIn - https://www.linkedin.com/company/schwab-network/ About Schwab Network - https://schwabnetwork.com/about

This episode of 'This Week in Futures Options' on the Options Insider Radio Network covers extensive details on various active commodities in the futures options market. The discussion begins with a breakdown of Nat Gas, analyzing its significant drop towards the three-handle and the activity around three puts and four calls. WTI's consistent trading around the 65 level and the potential implications are explored. Copper's tariff-driven surge and related options activity, including various put spreads, are examined. The show also touches on the behavior of Nasdaq during earning season and the rise of zero-day options in the futures market. Hosted by Mark Longo, with insights from Russell Rhoads, the episode dives into market sentiment, trading strategies, and key economic indicators shaping the futures options landscape.   02:41 Show Kickoff and New Network Edition 03:58 Guest Introduction: Russell Rhoads 04:50 Discussion on Retail vs. Institutional Trading 06:19 Movers and Shakers Report 11:56 Volatility Analysis 15:56 Energy Market Insights 26:00 Crude Oil Market Analysis 26:53 WTI and Nat Gas Volatility 27:26 Key Levels in Crude Oil 29:32 Put Options Activity in Crude 32:18 Copper Market Insights 42:01 Equity Indices During Earnings Season 48:16 Zero-Day Options and Market Sentiment 49:17 Concluding Thoughts and Listener Interaction  

This episode of 'This Week in Futures Options' on the Options Insider Radio Network covers extensive details on various active commodities in the futures options market. The discussion begins with a breakdown of Nat Gas, analyzing its significant drop towards the three-handle and the activity around three puts and four calls. WTI's consistent trading around the 65 level and the potential implications are explored. Copper's tariff-driven surge and related options activity, including various put spreads, are examined. The show also touches on the behavior of Nasdaq during earning season and the rise of zero-day options in the futures market. Hosted by Mark Longo, with insights from Russell Rhoads, the episode dives into market sentiment, trading strategies, and key economic indicators shaping the futures options landscape.   02:41 Show Kickoff and New Network Edition 03:58 Guest Introduction: Russell Rhoads 04:50 Discussion on Retail vs. Institutional Trading 06:19 Movers and Shakers Report 11:56 Volatility Analysis 15:56 Energy Market Insights 26:00 Crude Oil Market Analysis 26:53 WTI and Nat Gas Volatility 27:26 Key Levels in Crude Oil 29:32 Put Options Activity in Crude 32:18 Copper Market Insights 42:01 Equity Indices During Earnings Season 48:16 Zero-Day Options and Market Sentiment 49:17 Concluding Thoughts and Listener Interaction  

Kevin covered the following stories: the University of Michigan released their Survey of Consumers (Consumer Sentiment); the U.S. Commerce Department reported single family home building permits; the U.S. Commerce Department's Census Bureau reported single family housing starts; the U.S. Conference Board published the Leading Economic Index (LEI); Ward's Intelligence released June Class 8 Truck Sales; Volvo reported 2nd Quarter earnings; Kevin has the details, digs into the data, puts the information into historic perspective offers his insights and an opinion or two. Crude Oil and Gas prices react to the EU's 18th package of sanctions, potential Iran nuclear talks with Britain, France and Germany, pending tariffs, set to kick in on August 1st and rumors of possible meeting between President Trump, Russian President Vladimir Putin and Chinese President Xi Jingping.

Northern Wisconsin is home to Lake Superior, to beautiful streams and wetlands, to thousands of acres of mesic forests--and to a 72-year-old oil pipeline called Line 5. Now the foreign oil company, Enbridge, that owns and operates the line is pushing to blast and trench its way across northern Wisconsin to build a reroute. Amy gets the latest on legal action to stop it. Host: Amy Barrilleaux Guests: Clean Wisconsin attorneys Brett Korte and Evan Feinauer Resources for You: Information on Line 5 What Line 5 means for me (video) Clean Wisconsin News: Sign up for Line 5 updates and more

Phil Streible wraps up the week in commodities markets. He looks at moves in the U.S. dollar in response to Fed speakers and turmoil around a potential new Fed Chair. His base case is 1-2 rate cuts this year, but he would like to see 3 or more. For crude oil, he thinks downside is limited to the $64-$65 area. He also shares what he's watching for next week.======== Schwab Network ========Empowering every investor and trader, every market day. Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribeDownload the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watchWatch on Vizio - https://www.vizio.com/en/watchfreeplus-exploreWatch on DistroTV - https://www.distro.tv/live/schwab-network/Follow us on X – https://twitter.com/schwabnetworkFollow us on Facebook – https://www.facebook.com/schwabnetworkFollow us on LinkedIn - https://www.linkedin.com/company/schwab-network/ About Schwab Network - https://schwabnetwork.com/about

Today we discuss how Iran's staged response to US bombings mostly crushed the geopolitical tension premium in crude oil and gave a big boost to global risk sentiment, which also enjoyed another Fed member waxing dovish, sending US yields lower. Also, Tesla couldn't have timed its autonomous driving service debut better, as the stock soared despite shaky performance in at least one report. This and a discussion of gold and more on today's pod, which features Saxo Head of Commodity Strategy Ole Hansen, with Saxo Global Head of Macro Strategy John J. Hardy hosting. John's FX Update from today.

This week, Patrick and Kevin catch up on the latest market moves, discuss the Middle East tensions and how it’s affecting crude oil prices. Sign up for a FREE 14-day trial at Big Picture Trading: https://secure.bigpicturetrading.com/membership/signup/jpX05srf Subscribe To Patrick's YouTube: https://www.youtube.com/@Patrick_Ceresna Visit our merch store!!! https://www.themarkethuddlemerch.com/ To receive our emails with the charts and links each week, please register at: https://markethuddle.com/

RUSSIA: DISCOUNTED CRUDE OIL FALLING INTO THE 40S. MICHAEL BERNSTAM, HOOVER. 1890

MacroVoices Erik Townsend & Patrick Ceresna welcome, Rory Johnston. They'll discuss Rory's view that the WTI forward curve has taken an unprecedented and bizarre shape, and much more. https://bit.ly/4jSlHOz