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Showing posts from April, 2020

Oil rallies more than 40% in two days as it comes back from record lows - CNBC

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Oil rallies more than 40% in two days as it comes back from record lows - CNBCOil rallies more than 40% in two days as it comes back from record lows - CNBCOil surges 20% amid growing signs of a global demand rebound - Markets InsiderOil price jumps 25% after reports that storage demand has dropped, and progress on a coronavirus treatmen.. - Business InsiderOil Prices In US Settle In Negative Territory At -$37.63 A Barrel - Investor's Business DailyOil rallies more than 40% in two days as it comes back from record lows - CNBCPosted: 23 Apr 2020 11:53 AM PDT Oil jumped nearly 20% on Thursday, accelerating its recent rally as the Street eyed continued production cuts and rising U.S.-Iranian tensions.West Texas Intermediate, the U.S. benchmark, rose 19.7%, or $2.72, to settle at $16.50 per barrel. WTI did close off the highest level of the day, however, after hitting $18.26 in mid-morning trading. Brent crude, the international benchmark, gained 96 cents, or 4.7%, to settle at $2…

A 9-year-old boy who can deadlift more than twice his bodyweight is breaking powerlifting records - WPMT FOX 43

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A 9-year-old boy who can deadlift more than twice his bodyweight is breaking powerlifting records - WPMT FOX 43A 9-year-old boy who can deadlift more than twice his bodyweight is breaking powerlifting records - WPMT FOX 43Posted: 29 Jan 2020 06:45 AM PST Nine-year-old Tate Fegley may stand at just 4 feet, 7 inches and 103 pounds, but he's already proving to be a force to be reckoned with in the powerliftin...Nine-year-old Tate Fegley may stand at just 4 feet, 7 inches and 103 pounds, but he's already proving to be a force to be reckoned with in the powerlifting world. With a deadlift of 230 pounds, bench press of 92 pounds and squat of 190 pounds, the boy from Minden, Louisiana, is crushing records left and right. He started training just a year and a half ago, but he's already broken four American records for his age and weight class. At a state competition two weeks ago, Tate broke the records for squat, bench press, deadlift and total weight lifted all in one day. "I j…

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${latestItemCrude Oil Price Forecast - Crude Oil Markets Rally Towards Resistance - FX EmpirePosted: 30 Apr 2020 09:17 AM PDT WTI Crude OilThe WTI Crude Oil market rallied significantly during the trading session on Thursday, reaching towards the $18.50 level, but quite frankly we still have plenty of resistance in the form of the psychologically and structurally important $20 level above. That is an area where I would expect to see sellers coming in and pushing this market back down, as it was major support previously. Signs of exhaustion in that region should be sold into, as the market will have to worry about people taking delivery for the June contract still as storage is running out. Crude Oil Video 01.05.20[embedded content]BrentBrent markets also found buyers, as they approach the $27 region. There is a lot of resistance between here and the $30 level, so I will be looking to fade any type of rally that show signs of exhaustion in this area. This is a market that is bearish for …

Topic Page: Coronavirus, oil price crash - impact on chemicals - ICIS

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Topic Page: Coronavirus, oil price crash - impact on chemicals - ICISTopic Page: Coronavirus, oil price crash - impact on chemicals - ICISPosted: 30 Apr 2020 10:39 AM PDTUS IPA prices remain high, while shares of many US chemical producers drop. ICIS analysts discuss soaring demand for oleochemicals.The coronavirus pandemic hit Europe in earnest in the second half of March, and the negative economic effects were expected in the second quarter, but a historic fall in growth during the first quarter already sent investors in panic mode.EU statistics body Eurostat said on Thursday GDP in the eurozone had fallen in the first quarter by 3.8%, the largest fall since the series began; while in the wider 27-country EU GDP fell by 3.5%.The European chemicals bellwether BASF also reported on Thursday its first-quarter results issuing a very sombre guidance for the second quarter as the major takes a hit from key sectors like automotive being at a standstill until very recently.BASF was indeed t…