Experts believe that the focus of the outfit’s new chief executive officer (CEO), Wael Sawan, on key oil and gas dealings also enticed investor interest. During Monday's trading, Shell’s shares climbed to 2,763 pence in London at a stage. This share price recovery comes after multiple strategic turning points. During the pandemic, oil and gas…
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Seasonality: Another important factor for Natural gas is seasonality. The price of this commodity usually peaks in Winter (the withdrawal period) and in summer (the injection period). Now there’s a potential dip between seasonal trends, and considering a softening in the monetary policy from FED, it’s possible to see at least some pullback, which might…
Read moreBME Clearing, the Central Counterparty (CCP) operated by BME, will expand its product range to offer gas natural contracts as of 24th May. The contracts that will be added to BME Clearing are day-ahead (daily contracts) and the whole range of natural gas futures (with weekly, monthly, quarterly, seasonal and annual maturities). These contracts will…
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The U.S. Commodity Futures Trading Commission (CFTC) today announced that Judge Amy J. St. Eve of the U.S. District Court for the Northern District of Illinois entered a Consent Order of Permanent Injunction (Order) against Defendants Igor B. Oystacher and his proprietary trading company, 3Red Trading LLC (3Red), both of Chicago, Illinois, finding that the Defendants engaged in a…
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Marex Spectron, the global commodities broker, today announced the appointment of Jarrad Lewis as US Head of Natural Gas Liquids (NGL). Lewis is based in the Houston office and reports to Hunter Baldwin, Marex Spectron Managing Director and Head of North America. Lewis was previously at ION, where he was the Co-Head of the NGL…
Read moreLeading Australian retail Forex and CFD broker AxiTrader keeps expanding the lineup of trading instruments available to its clients. Just a couple of weeks after the company announced the addition of two new index CFDs - EURO STOXX 50 and NAS100, it is introducing several new energy and agricultural contracts. The new additions on the energy…
Read moreFXOpen beefs up trading instruments' lineup on its ECN accounts, adding contracts for difference on Oil, Natural gas and Indices.
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