Navigating Natural Gas Trends: A Comprehensive Analysis of Price Drivers and Market Dynamics
In the ever-evolving landscape of natural gas, recent market trends have seen prices facing a downward trajectory for the fifth consecutive session. This article dissects the key factors influencing natural gas prices, shedding light on unexpected inventory shifts, demand fluctuations, and the broader market impact. EIA’s Surprise Inventory Data:The recent release of the EIA’s weekly inventory data sent ripples through the natural gas market. Contrary to expectations of a -6 billion cubic feet decrease, inventories unexpectedly surged by 10 billion cubic feet, signaling a potential oversupply concern. Weather Forecast Impact:Forecasts predicting milder weather in the U.S. have added pressure to natural gas prices. With a decreased demand for natural gas in heating anticipated, market dynamics are being influenced by climate predictions for the next 10+ days, as indicated by Atmocultural G2. Production and Demand Dynamics:Insights from BNEF highlight the intricate balance between natural gas production and demand. In 48 states,…
OPEC+ Summit Outcomes. Where will the price of oil go?
After the OPEC+ meeting, oil lost almost all its recent gains. The reason for this was that OPEC+ countries did not announce production cuts as a collective policy of the cartel. It was stated that each country would individually declare its cuts since these are voluntary reductions rather than a group policy. Angola effectively opted out of adhering to the policy. On one hand, this suggests that Americans have to some extent undermined the cartel’s unity. Countries sabotaging the agreement might not comprehend that selling 5% more oil at 10% lower prices results in less revenue. This is reminiscent of our own Sechin during the oil war between Russia and Saudi Arabia. American financial houses, as previously mentioned, are bearish on oil. Any disagreements within the cartel are used for speculative attacks to drive prices down. On a positive note, key countries have agreed on voluntary cuts, even though not…
Crude Oil Futures at an uptrend
Crude oil futures can be a very good forex trading instrument especially when they are rising. Often times new traders are attracted to futures as there is a lower risk with greater rewards, but this is quite far from the truth. Crude oil futures can swing quite frequently in a negative direction, and should usually be preceded by a correction in the market. This is because futures contracts do not have the predictive ability of a forward contract. Until recently crude oil was in a large decline. It has recently spotted a significant support level near $70, which is the nerve center of the oil market. Many buyers were putting their money into oil near this level because they thought that $70 would be a good support level for the US economy. It has worked for many traders however is unlikely to last very long. The next important level of…
China’s Huge Bet in Iraq
The War in Iraq has been costly for the United States to say the least, both in terms of lives lost and financially. Over the past seven years, the U.S. has spent billions of dollars and thousands of lives have been sacrificed in an attempt to restore peace and prosperity in Iraq. Only time will tell if the War in Iraq will produce lasting peace and stability that we all hope for. China also has spent billions of dollars in Iraq, however, China has invested their money in hopes of reaping huge profits. China has mostly invested in oil, infrastructure and has forgiven part of Iraq’s debt to promote a friendly trade partnership. To fuel their growth, China has invested heavily in Iraqi oil. China has snagged five contracts to explore oil fields in Iraq and also has a $3 billion deal dating back to Saddam Hussein’s regime. Iraq is…
What You Need to Know About Your Business
All businesses run whether they profit or not. One way to prove that you are a good business person is to know and understand all areas of business law. You need to be informed of the different terms and laws applied to your type of business. Reading through and understanding each section is important to be certain of your rights as a business owner. For example, people that own rental properties may often have to pay their income tax and make their rental payments on time as absolutely required by local laws. If you do not understand these things it could end up being a more expensive proposition for you and your tenants/patients than you can afford. So always make sure you know the laws for the various types of business you might own. One of the easiest ways to learn about such things is simply to go to Google…
How Do You Help Your Small Business?
Some people ask me “What do you do or how do you help your small business?” I’m a small business owner and I want to share some of my experiences with entrepreneurs. Plan for the long term now! When I first found out about payment processing, it was something I wondered about all day long. There’s nothing worse than having your business operating like it was in the past. For some reason, the average Joe small business owner says to themselves, I don’t even want to bother opening a merchant account because I can get it done easily anyway. The problem with that attitude is now you may spend thousands of dollars on equipment that may not be needed.urrency exchangeand payment processing Friendly Periodic Rates When the economy begins to change and you need to make quick decisions now that the start- up costs have dropped, take the time to…
How to Make a Debt Settlement Deal With the Credit Card Company
If you are among the thousands of Americans who are faced with overwhelming debt, did you know that more than 50% will have to file bankruptcy? How can that be so? That’s more than half of all credit card holders in the country will have to declare bankruptcy over the next few years or so! Well the good news is that there is still hope. But you need to ask yourself whether or not you can indeed eliminate credit card debt if the already owe money to the credit card companies. Lawyers that specialize in consumer protection legislation are well aware of the practices of the major card issuers. They know little jargons and insider knowledge that will tell you that you can really eliminate credit card debt. Therefore, you’ll find that attorneys with such expertise have had more than enough practice in this regard and are now issuing firm…
Apply For Your Merchant Loan With Bad Credit
Merchant loans have been common in the merchant industry for a long time. Now, the loans are becoming a popular business option especially for growing businesses who find it difficult to get approved for bank loans. A merchant loan is a business loan that is meant for businesses in times of financial emergencies. Because a merchant loan requires no collateral and is unsecured, you can avail even if you have a poor credit score. “If we can get approved this loan within three days, that’s pretty good,” says intentionally merchant and owner of a small events business in Victoria who still doesn’t have a certified financial recording. The reason that it’s possible within a short time is simply because most banks don’t actively advertise alternative loans – they focus on programs with collateral and proven income, and they are usually approved within a few days. One of the requirements on…
Business Model Scenarios
In December I discussed your goals, and priorities. I added a chapter on cash flow so people who are too focused on short term gains and on hits instead of medium and long terms gains can see where they are making mistakes. Let’s talk about the three scenarios and what you can do with these scenarios as we move on to the next step in your formula. Ideal Scenario – The complete picture.Some companies are really stable and continue to grow at 25% or more for the next several years. Others are fairly modest and vulnerable to market correction. In this situation you can do plenty of very good things – such as: o Evaluate your expenseso Preserve your profitso Manage your cash flowo Substantial salary increases become short dated savingso Continue to excellence! But before you do anything else, you need a banker on your side. You have to…
How to Be Your Own Banker
A few of my colleagues and I have a discussion about other topics than money. We often talk about where to invest, and although I agree about the need for/benefits of investing, I prefer to talk about money matters, which I will talk about here. I encourage all of you tocedeminanceyour own finances, liveyour dreams, and make your choices wisely, but I just cannot relate them to investing. You see, I see myself in many of the investing courses and personal finance manuals, and to me, they are teaching us to use our money in the most intelligent, micro-managed manner, without regard to our ultimate financial goals, dreams, objectives or needs. Still I think they are teaching us to wet our consequential tears, susceptible to how someone else might behave our money for their self- souvenirs or entertainment. I have struggled with this, as I have in all aspects of…